SML Mahindra (NSE:SMLMAH) Receivables Turnover: 3.54 (As of Jun. 2026)

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NSE:SMLMAH SML Mahindra Ltd NSE:SMLMAH
62 GF Score
Price ₹5,172.00
GF Value ₹2,829.18
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SML Mahindra Receivables Turnover?

SML Mahindra NSE:SMLMAH -0.70% 62 Receivables Turnover is 3.54 as of Jun. 2026. GuruFocus rates NSE:SMLMAH with a GF Score™ of 62/100 and a GF Value™ of ₹2,829.18 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,316 Vehicles & Parts companies, SML Mahindra ranks better than 82.67% 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. SML Mahindra's Revenue for the three months ended in Jun. 2026 was ₹9,575 Mil. SML Mahindra's average Accounts Receivable for the three months ended in Jun. 2026 was ₹2,702 Mil. Hence, SML Mahindra's Receivables Turnover for the three months ended in Jun. 2026 was 3.54.


SML Mahindra  (NSE:SMLMAH) 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.


SML Mahindra Receivables Turnover Related Terms


SML Mahindra Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SML Mahindra'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.

SML Mahindra Receivables Turnover Chart

SML Mahindra 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 15.48 23.40 17.84 10.97 10.53

SML Mahindra Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.19 4.08 3.96 3.32 3.54

NSE:SMLMAH vs TSLA, GM, F: Receivables Turnover Comparison

For the Auto Manufacturers subindustry, SML Mahindra'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.


SML Mahindra Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SML Mahindra's Receivables Turnover distribution charts can be found below:

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


NSE:SMLMAH
62GF Score
SML Mahindra Ltd NSE:SMLMAH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SML Mahindra Receivables Turnover Calculation

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

SML Mahindra'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 )
=28189.387 / ((2652.531 + 2702.098) / 2 )
=28189.387 / 2677.3145
=10.53

SML Mahindra's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=9575.4 / ((2702.098 + 0) / 1 )
=9575.4 / 2702.098
=3.54

* 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 3.54 mean?
SML Mahindra (NSE:SMLMAH) has a Receivables Turnover of 3.54 as of Jun. 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 SML Mahindra and its competitors. According to the industry distribution chart, SML Mahindra ranks #228 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 17.3%.
Is SML Mahindra's Receivables Turnover too high?
SML Mahindra's current Receivables Turnover is 3.54. The Vehicles & Parts industry median Receivables Turnover is 6.00. SML Mahindra's value of 3.54 is 41% below this industry median. Based on the distribution chart, SML Mahindra ranks #228 out of 1316 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, SML Mahindra has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SML Mahindra's Receivables Turnover compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, SML Mahindra ranks #228 out of 1316 companies for Receivables Turnover. This places SML Mahindra in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.00. SML Mahindra's value of 3.54 is 41% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,316 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. SML Mahindra's current Receivables Turnover of 3.54 is 41% 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 SML Mahindra and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SML Mahindra's current Receivables Turnover is 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SML Mahindra stock overvalued right now?
Based on GuruFocus' analysis, SML Mahindra (NSE:SMLMAH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,829.18, compared to a current price of ₹5,172.00 — trading 82.8% above its estimated fair value. The current Receivables Turnover is 3.54 and 41% below the Vehicles & Parts industry median of 6.00. SML Mahindra's overall GF Score™ is 62/100 with 5 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 SML Mahindra (NSE:SMLMAH), the current Receivables Turnover is 3.54 as of Jun. 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 SML Mahindra (NSE:SMLMAH) Overvalued in 2026?

Based on GuruFocus' analysis, SML Mahindra stock appears to be overvalued. The current stock price of ₹5,172.00 is trading 82.8% above its estimated GF Value™ of ₹2,829.18. GuruFocus considers SML Mahindra to be Significantly Overvalued.

Key valuation signals for NSE:SMLMAH:

  • Receivables Turnover: 3.54
  • GF Value™: ₹2,829.18 vs. price of ₹5,172.00 (82.8% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 41% below the Vehicles & Parts median (#228 of 1316)

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


SML Mahindra Business Description

Other Exchanges 505192:India
Address SCO 204-205, Sector 34-A, Chandigarh, PB, IND, 160 022
SML Mahindra Ltd, formerly SML Isuzu Ltd is engaged in the business of manufacturing and selling of commercial vehicles including light and medium-duty trucks, buses, ambulances, and specialized vehicles. The company integrates Japanese technology with local manufacturing to offer reliable and cost-effective transportation solutions. Its product portfolio spans cargo trucks and passenger buses with variants that support different industries such as education, tourism, and corporate transport. Revenue is majorly generated through the sale of vehicles and after-sales services including telematics support. The company operates predominantly in India and exports to several countries across Africa and Asia.
62GF Score

Get the complete analysis for NSE:SMLMAH

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

₹5,172.00
Price
₹2,829.18
GF Value