Swiggy (NSE:SWIGGY) Receivables Turnover: 1.58 (As of Mar. 2026)

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NSE:SWIGGY Swiggy Ltd NSE:SWIGGY
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Price ₹272.96
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What is Swiggy Receivables Turnover?

Swiggy NSE:SWIGGY +1.06% 9 Receivables Turnover is 1.58 as of Mar. 2026. GuruFocus rates NSE:SWIGGY with a GF Score™ of 9/100. Among 1,101 Retail - Cyclical companies, Swiggy ranks worse than 76.66% 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. Swiggy's Revenue for the three months ended in Mar. 2026 was ₹63,830 Mil. Swiggy's average Accounts Receivable for the three months ended in Mar. 2026 was ₹40,480 Mil. Hence, Swiggy's Receivables Turnover for the three months ended in Mar. 2026 was 1.58.


Swiggy  (NSE:SWIGGY) 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.


Swiggy Receivables Turnover Related Terms


Swiggy Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Swiggy'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.

Swiggy Receivables Turnover Chart

Swiggy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
5.01 7.49 10.93 8.89 7.08

Swiggy Quarterly Data
Mar22 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 1.79 2.01 1.92 2.12 1.58

NSE:SWIGGY vs AMZN, BABA, PDD: Receivables Turnover Comparison

For the Internet Retail subindustry, Swiggy'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.


Swiggy Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Swiggy's Receivables Turnover distribution charts can be found below:

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


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

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

Swiggy'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 )
=230530 / ((24625.46 + 40480) / 2 )
=230530 / 32552.73
=7.08

Swiggy'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 )
=63830 / ((0 + 40480) / 1 )
=63830 / 40480
=1.58

* 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 1.58 mean?
Swiggy (NSE:SWIGGY) has a Receivables Turnover of 1.58 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 Swiggy and its competitors. According to the industry distribution chart, Swiggy ranks #844 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 76.7%.
Is Swiggy's Receivables Turnover too high?
Swiggy's current Receivables Turnover is 1.58. The Retail - Cyclical industry median Receivables Turnover is 19.36. Swiggy's value of 1.58 is 91.8% below this industry median. Based on the distribution chart, Swiggy ranks #844 out of 1101 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Swiggy has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Swiggy's Receivables Turnover compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Swiggy ranks #844 out of 1101 companies for Receivables Turnover. This places Swiggy in the lower half of its industry. The industry median Receivables Turnover is 19.36. Swiggy's value of 1.58 is 91.8% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.36, based on 1,101 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. Swiggy's current Receivables Turnover of 1.58 is 91.8% 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 Swiggy and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiggy's current Receivables Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiggy stock overvalued right now?
Swiggy (NSE:SWIGGY) has a current Receivables Turnover of 1.58. The current Receivables Turnover is 1.58 and 91.8% below the Retail - Cyclical industry median of 19.36. Swiggy's overall GF Score™ is 9/100. 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 Swiggy (NSE:SWIGGY), the current Receivables Turnover is 1.58 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.

Swiggy Business Description

Other Exchanges 544285:India
Address Outer Ring Road, No. 55, Sy No. 8-14, Ground Floor, I&J Block, Embassy Tech Village, Devarbisanahalli, Bengaluru, KA, IND, 560103
Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.
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