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The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. PI Industries's Revenue for the
three
months ended in Mar. 2026 was ₹15,652 Mil. PI Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹16,108 Mil.
Hence, PI Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.97.
PI Industries (NSE:PIIND) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
PI Industries Receivables Turnover Related Terms
PI Industries Receivables Turnover Historical Data
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The historical data trend for PI Industries's Receivables Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:PIIND vs CTVA, CF, MOS: Receivables Turnover Comparison
For the Agricultural Inputs subindustry, PI Industries's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PI Industries Receivables Turnover vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, PI Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where PI Industries's Receivables Turnover falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PI Industries (NSE:PIIND) has a Receivables Turnover of 0.97 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on PI Industries and its competitors. According to the industry distribution chart, PI Industries ranks #154 out of 245 companies in the Agriculture industry, placing it in the top 62.9%.
Is PI Industries' Receivables Turnover too high?
PI Industries' current Receivables Turnover is 0.97. The Agriculture industry median Receivables Turnover is 5.43. PI Industries' value of 0.97 is 82.1% below this industry median. Based on the distribution chart, PI Industries ranks #154 out of 245 companies in the Agriculture industry, which is below the industry midpoint. Overall, PI Industries has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PI Industries' Receivables Turnover compare to CTVA and CF?
According to the Agriculture industry distribution chart, PI Industries ranks #154 out of 245 companies for Receivables Turnover. This places PI Industries in the lower half of its industry. The industry median Receivables Turnover is 5.43. PI Industries' value of 0.97 is 82.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.43, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PI Industries's current Receivables Turnover of 0.97 is 82.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on PI Industries and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PI Industries's current Receivables Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PI Industries stock overvalued right now?
Based on GuruFocus' analysis, PI Industries (NSE:PIIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,380.46, compared to a current price of ₹2,619.30 — trading 22.5% below its estimated fair value. The current Receivables Turnover is 0.97 and 82.1% below the Agriculture industry median of 5.43. PI Industries' overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For PI Industries (NSE:PIIND), the current Receivables Turnover is 0.97 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PI Industries (NSE:PIIND) Overvalued in 2026?
Based on GuruFocus' analysis, PI Industries stock appears to be undervalued.
The current stock price of ₹2,619.30 is trading 22.5% below its estimated GF Value™ of ₹3,380.46.
GuruFocus considers PI Industries to be Modestly Undervalued.
Key valuation signals for NSE:PIIND:
Receivables Turnover: 0.97
GF Value™: ₹3,380.46 vs. price of ₹2,619.30 (22.5% below fair value)
Industry Position: 82.1% below the Agriculture median (#154 of 245)
No single metric tells the full story. See the NSE:PIIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PI Industries Ltd manufactures, distributes, and sells agrochemicals, specialty fertilizers, and seeds to the agriculture industry. The firm's agrochemicals portfolio includes insecticides, fungicides, and plant health products. The company competes on price with the manufacture and sale of generic products. PI Industries reports sales across two geographical segments: within India and outside India. The outside India division represents its business division predominantly in Japan, Germany, and China. In India, the firm sells its products through a large network of distributors and retail outlets. The company has one reportable business segment which is Agro Chemicals.
94GF Score
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