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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. Summit Securities's Revenue for the
three
months ended in Mar. 2026 was ₹114 Mil. Summit Securities's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹10 Mil.
Hence, Summit Securities's Receivables Turnover for the
three
months ended in Mar. 2026 was 10.93.
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.
Summit Securities Receivables Turnover Related Terms
Summit Securities Receivables Turnover Historical Data
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The historical data trend for Summit Securities'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:SUMMITSEC vs MS, GS, SCHW: Receivables Turnover Comparison
For the Capital Markets subindustry, Summit Securities'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.
Summit Securities Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Summit Securities's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Summit Securities'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.
Summit Securities (NSE:SUMMITSEC) has a Receivables Turnover of 10.93 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 Summit Securities and its competitors. According to the industry distribution chart, Summit Securities ranks #60 out of 578 companies in the Capital Markets industry, placing it in the top 10.4%.
Is Summit Securities' Receivables Turnover too high?
Summit Securities' current Receivables Turnover is 10.93. The Capital Markets industry median Receivables Turnover is 6.82. Summit Securities' value of 10.93 is 60.4% above this industry median. Based on the distribution chart, Summit Securities ranks #60 out of 578 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Summit Securities has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Summit Securities' Receivables Turnover compare to MS and GS?
According to the Capital Markets industry distribution chart, Summit Securities ranks #60 out of 578 companies for Receivables Turnover. This places Summit Securities in the top 10% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.82. Summit Securities' value of 10.93 is 60.4% above 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.82, based on 578 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. Summit Securities's current Receivables Turnover of 10.93 is 60.4% above 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 Summit Securities and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Securities's current Receivables Turnover is 10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Securities stock overvalued right now?
Based on GuruFocus' analysis, Summit Securities (NSE:SUMMITSEC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,125.55, compared to a current price of ₹1,482.80 — trading 52.6% below its estimated fair value. The current Receivables Turnover is 10.93 and 60.4% above the Capital Markets industry median of 6.82. Summit Securities' overall GF Score™ is 85/100 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 Summit Securities (NSE:SUMMITSEC), the current Receivables Turnover is 10.93 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 Summit Securities (NSE:SUMMITSEC) Overvalued in 2026?
Based on GuruFocus' analysis, Summit Securities stock appears to be undervalued.
The current stock price of ₹1,482.80 is trading 52.6% below its estimated GF Value™ of ₹3,125.55.
GuruFocus considers Summit Securities to be Possible Value Trap.
Key valuation signals for NSE:SUMMITSEC:
Receivables Turnover: 10.93
GF Value™: ₹3,125.55 vs. price of ₹1,482.80 (52.6% below fair value)
Industry Position: 60.4% above the Capital Markets median (#60 of 578)
No single metric tells the full story. See the NSE:SUMMITSEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Summit Securities Ltd is engaged in the provision of investment in securities. It operates as a non-banking financial company and currently holds various portfolios including listed and private entities. The company is engaged in investments and financial activities. It earns revenue from Interest and Dividend income.
85GF Score
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