Smarten Power Systems (NSE:SMARTEN) Receivables Turnover: 2.84 (As of Mar. 2026)

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NSE:SMARTEN Smarten Power Systems Ltd NSE:SMARTEN
18 GF Score
Price ₹60.00
! 4 Warning Signs
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What is Smarten Power Systems Receivables Turnover?

Smarten Power Systems NSE:SMARTEN 18 Receivables Turnover is 2.84 as of Mar. 2026. GuruFocus rates NSE:SMARTEN with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,018 Semiconductors companies, Smarten Power Systems ranks worse than 89% 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. Smarten Power Systems's Revenue for the six months ended in Mar. 2026 was ₹1,274 Mil. Smarten Power Systems's average Accounts Receivable for the six months ended in Mar. 2026 was ₹449 Mil. Hence, Smarten Power Systems's Receivables Turnover for the six months ended in Mar. 2026 was 2.84.


Smarten Power Systems  (NSE:SMARTEN) 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.


Smarten Power Systems Receivables Turnover Related Terms


Smarten Power Systems Receivables Turnover Historical Data

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The historical data trend for Smarten Power Systems'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.

Smarten Power Systems Receivables Turnover Chart

Smarten Power Systems Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
6.01 6.05 5.21 4.99 5.40

Smarten Power Systems Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover 0.00 0.00 0.00 2.31 2.84

NSE:SMARTEN vs FSLR, NXT, ENPH: Receivables Turnover Comparison

For the Solar subindustry, Smarten Power Systems'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.


Smarten Power Systems Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Smarten Power Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Smarten Power Systems's Receivables Turnover falls into.


NSE:SMARTEN
18GF Score
Smarten Power Systems Ltd NSE:SMARTEN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Smarten Power Systems Receivables Turnover Calculation

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

Smarten Power Systems'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 )
=2426.604 / ((382.257 + 515.698) / 2 )
=2426.604 / 448.9775
=5.40

Smarten Power Systems'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: Mar. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1273.973 / ((382.257 + 515.698) / 2 )
=1273.973 / 448.9775
=2.84

* 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 2.84 mean?
Smarten Power Systems (NSE:SMARTEN) has a Receivables Turnover of 2.84 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 Smarten Power Systems and its competitors. According to the industry distribution chart, Smarten Power Systems ranks #906 out of 1018 companies in the Semiconductors industry, placing it in the top 89%.
Is Smarten Power Systems' Receivables Turnover too high?
Smarten Power Systems' current Receivables Turnover is 2.84. The Semiconductors industry median Receivables Turnover is 5.82. Smarten Power Systems' value of 2.84 is 51.2% below this industry median. Based on the distribution chart, Smarten Power Systems ranks #906 out of 1018 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Smarten Power Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' Receivables Turnover compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Smarten Power Systems ranks #906 out of 1018 companies for Receivables Turnover. This places Smarten Power Systems in the lower half of its industry. The industry median Receivables Turnover is 5.82. Smarten Power Systems' value of 2.84 is 51.2% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. Smarten Power Systems's current Receivables Turnover of 2.84 is 51.2% 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 Smarten Power Systems and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smarten Power Systems's current Receivables Turnover is 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current Receivables Turnover of 2.84. The current Receivables Turnover is 2.84 and 51.2% below the Semiconductors industry median of 5.82. Smarten Power Systems' overall GF Score™ is 18/100 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 Smarten Power Systems (NSE:SMARTEN), the current Receivables Turnover is 2.84 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.

Smarten Power Systems Business Description

Address Sector - 37, 374, 1st Floor Pace City-2, Gurgaon, HR, IND, 122001
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
18GF Score

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