PIX Transmissions (NSE:PIXTRANS) Receivables Turnover: 1.26 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:PIXTRANS PIX Transmissions Ltd NSE:PIXTRANS
88 GF Score
Price ₹1,701.10
GF Value ₹1,554.60
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is PIX Transmissions Receivables Turnover?

PIX Transmissions NSE:PIXTRANS +1.69% 88 Receivables Turnover is 1.26 as of Mar. 2026. GuruFocus rates NSE:PIXTRANS with a GF Score™ of 88/100 and a GF Value™ of ₹1,554.60 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,033 Industrial Products companies, PIX Transmissions ranks better than 55.65% on this metric.

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. PIX Transmissions's Revenue for the three months ended in Mar. 2026 was ₹1,708 Mil. PIX Transmissions's average Accounts Receivable for the three months ended in Mar. 2026 was ₹1,351 Mil. Hence, PIX Transmissions's Receivables Turnover for the three months ended in Mar. 2026 was 1.26.


PIX Transmissions  (NSE:PIXTRANS) 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.


PIX Transmissions Receivables Turnover Related Terms


PIX Transmissions Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PIX Transmissions'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.

PIX Transmissions Receivables Turnover Chart

PIX Transmissions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 4.79 4.54 5.02 4.47

PIX Transmissions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 1.00 1.32 1.43 1.26

NSE:PIXTRANS vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, PIX Transmissions'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.


PIX Transmissions Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PIX Transmissions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PIX Transmissions's Receivables Turnover falls into.


NSE:PIXTRANS
88GF Score
PIX Transmissions Ltd NSE:PIXTRANS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PIX Transmissions Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

PIX Transmissions's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=5733.114 / ((1216.083 + 1350.715) / 2 )
=5733.114 / 1283.399
=4.47

PIX Transmissions's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1707.716 / ((0 + 1350.715) / 1 )
=1707.716 / 1350.715
=1.26

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.26 mean?
PIX Transmissions (NSE:PIXTRANS) has a Receivables Turnover of 1.26 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 PIX Transmissions and its competitors. According to the industry distribution chart, PIX Transmissions ranks #1345 out of 3033 companies in the Industrial Products industry, placing it in the top 44.3%.
Is PIX Transmissions' Receivables Turnover too high?
PIX Transmissions' current Receivables Turnover is 1.26. The Industrial Products industry median Receivables Turnover is 4.45. PIX Transmissions' value of 1.26 is 71.7% below this industry median. Based on the distribution chart, PIX Transmissions ranks #1345 out of 3033 companies in the Industrial Products industry, which is above the industry midpoint. Overall, PIX Transmissions has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PIX Transmissions' Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, PIX Transmissions ranks #1345 out of 3033 companies for Receivables Turnover. This puts PIX Transmissions in the upper half of its industry. The industry median Receivables Turnover is 4.45. PIX Transmissions' value of 1.26 is 71.7% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,033 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. PIX Transmissions's current Receivables Turnover of 1.26 is 71.7% 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 PIX Transmissions and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PIX Transmissions's current Receivables Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIX Transmissions stock overvalued right now?
Based on GuruFocus' analysis, PIX Transmissions (NSE:PIXTRANS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,554.60, compared to a current price of ₹1,701.10 — trading 9.4% above its estimated fair value. The current Receivables Turnover is 1.26 and 71.7% below the Industrial Products industry median of 4.45. PIX Transmissions' overall GF Score™ is 88/100 with 4 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 PIX Transmissions (NSE:PIXTRANS), the current Receivables Turnover is 1.26 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 PIX Transmissions (NSE:PIXTRANS) Overvalued in 2026?

Based on GuruFocus' analysis, PIX Transmissions stock appears to be overvalued. The current stock price of ₹1,701.10 is trading 9.4% above its estimated GF Value™ of ₹1,554.60. GuruFocus considers PIX Transmissions to be Fairly Valued.

Key valuation signals for NSE:PIXTRANS:

  • Receivables Turnover: 1.26
  • GF Value™: ₹1,554.60 vs. price of ₹1,701.10 (9.4% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 71.7% below the Industrial Products median (#1345 of 3033)

No single metric tells the full story. See the NSE:PIXTRANS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PIX Transmissions Business Description

Other Exchanges 500333:India
Address One BKC, Bandra-Kurla Complex, 12th Floor, Unit No. 1208, B Wing, Bandra (East), Mumbai, MH, IND, 400051
PIX Transmissions Ltd is engaged in the manufacturing of belts and related mechanical power transmission products in India. The company offers belt products for various sectors such as industrial, agricultural, lawn and garden, automotive, and special applications. It also offers other belts such as Ribbed / Poly-V Belts, Banded Belts, Industrial Belts, Agriculture Belts, and Others. The products of the company are sold both in the domestic and export markets, of which the exports generate maximum revenue.
88GF Score

Get the complete analysis for NSE:PIXTRANS

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,701.10
Price
₹1,554.60
GF Value