Redington (NSE:REDINGTON) Receivables Turnover: 1.54 (As of Mar. 2026)

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NSE:REDINGTON Redington Ltd NSE:REDINGTON
92 GF Score
Price ₹269.95
GF Value ₹285.44
Valuation Fairly Valued
! 7 Warning Signs
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What is Redington Receivables Turnover?

Redington NSE:REDINGTON +0.17% 92 Receivables Turnover is 1.54 as of Mar. 2026. GuruFocus rates NSE:REDINGTON with a GF Score™ of 92/100 and a GF Value™ of ₹285.44 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,781 Software companies, Redington ranks better than 54.51% 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. Redington's Revenue for the three months ended in Mar. 2026 was ₹332,130 Mil. Redington's average Accounts Receivable for the three months ended in Mar. 2026 was ₹215,695 Mil. Hence, Redington's Receivables Turnover for the three months ended in Mar. 2026 was 1.54.


Redington  (NSE:REDINGTON) 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.


Redington Receivables Turnover Related Terms


Redington Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Redington'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.

Redington Receivables Turnover Chart

Redington 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 8.09 7.66 6.88 6.35 6.12

Redington 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 1.53 1.50 1.54 1.64 1.54

NSE:REDINGTON vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, Redington'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.


Redington Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Redington's Receivables Turnover distribution charts can be found below:

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


NSE:REDINGTON
92GF Score
Redington Ltd NSE:REDINGTON
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Redington Receivables Turnover Calculation

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

Redington'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 )
=1191141.2 / ((173304.9 + 215694.6) / 2 )
=1191141.2 / 194499.75
=6.12

Redington'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 )
=332130.3 / ((0 + 215694.6) / 1 )
=332130.3 / 215694.6
=1.54

* 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 1.54 mean?
Redington (NSE:REDINGTON) has a Receivables Turnover of 1.54 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 Redington and its competitors. According to the industry distribution chart, Redington ranks #1265 out of 2781 companies in the Software industry, placing it in the top 45.5%.
Is Redington's Receivables Turnover too high?
Redington's current Receivables Turnover is 1.54. The Software industry median Receivables Turnover is 5.72. Redington's value of 1.54 is 73.1% below this industry median. Based on the distribution chart, Redington ranks #1265 out of 2781 companies in the Software industry, which is above the industry midpoint. Overall, Redington has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Redington's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Redington ranks #1265 out of 2781 companies for Receivables Turnover. This puts Redington in the upper half of its industry. The industry median Receivables Turnover is 5.72. Redington's value of 1.54 is 73.1% 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 a Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,781 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. Redington's current Receivables Turnover of 1.54 is 73.1% 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 Redington and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redington's current Receivables Turnover is 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redington stock overvalued right now?
Based on GuruFocus' analysis, Redington (NSE:REDINGTON) is currently considered Fairly Valued. The stock's GF Value™ is ₹285.44, compared to a current price of ₹269.95 — trading 5.4% below its estimated fair value. The current Receivables Turnover is 1.54 and 73.1% below the Software industry median of 5.72. Redington's overall GF Score™ is 92/100 with 7 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 Redington (NSE:REDINGTON), the current Receivables Turnover is 1.54 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 Redington (NSE:REDINGTON) Overvalued in 2026?

Based on GuruFocus' analysis, Redington stock appears to be undervalued. The current stock price of ₹269.95 is trading 5.4% below its estimated GF Value™ of ₹285.44. GuruFocus considers Redington to be Fairly Valued.

Key valuation signals for NSE:REDINGTON:

  • Receivables Turnover: 1.54
  • GF Value™: ₹285.44 vs. price of ₹269.95 (5.4% below fair value)
  • GF Score™: 92/100 with 7 warning signs
  • Industry Position: 73.1% below the Software median (#1265 of 2781)

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


Redington Business Description

Other Exchanges 532805:India
Address Inner Ring Road, 4th Street, Block3, Plathin, Redington Tower, Saraswathy Nagar West, Puzhuthivakkam, Chennai, TN, IND, 600091
Redington Ltd provides a variety of information technology and supply chain management services. The company also distributes IT products, which include computers, network equipment, software, data storage products, security solutions, and servers. The firm's services include hardware support, supply chain solutions, digital transformation, and various other solutions in the field of 3D printing, cybersecurity, solar, and cloud infrastructure, among others. The company's reportable segments are: SISA (Singapore, India & South Asia) and ROW (Rest of the World).
92GF Score

Get the complete analysis for NSE:REDINGTON

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

₹269.95
Price
₹285.44
GF Value