TeamLease Services (NSE:TEAMLEASE) Receivables Turnover: 5.57 (As of Jun. 2026)

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NSE:TEAMLEASE TeamLease Services Ltd NSE:TEAMLEASE
87 GF Score
Price ₹1,239.80
GF Value ₹2,954.49
Valuation Significantly Undervalued
! 5 Warning Signs
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What is TeamLease Services Receivables Turnover?

TeamLease Services NSE:TEAMLEASE +0.40% 87 Receivables Turnover is 5.57 as of Jun. 2026. GuruFocus rates NSE:TEAMLEASE with a GF Score™ of 87/100 and a GF Value™ of ₹2,954.49 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,062 Business Services companies, TeamLease Services ranks better than 94.73% 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. TeamLease Services's Revenue for the three months ended in Jun. 2026 was ₹30,347 Mil. TeamLease Services's average Accounts Receivable for the three months ended in Jun. 2026 was ₹5,447 Mil. Hence, TeamLease Services's Receivables Turnover for the three months ended in Jun. 2026 was 5.57.


TeamLease Services  (NSE:TEAMLEASE) 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.


TeamLease Services Receivables Turnover Related Terms


TeamLease Services Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TeamLease Services'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.

TeamLease Services Receivables Turnover Chart

TeamLease Services 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 20.02 20.96 22.44 23.71 22.76

TeamLease Services 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 5.84 6.13 6.09 5.37 5.57

NSE:TEAMLEASE vs KFY, RHI, TNET: Receivables Turnover Comparison

For the Staffing & Employment Services subindustry, TeamLease Services'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.


TeamLease Services Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, TeamLease Services's Receivables Turnover distribution charts can be found below:

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


NSE:TEAMLEASE
87GF Score
TeamLease Services Ltd NSE:TEAMLEASE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TeamLease Services Receivables Turnover Calculation

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

TeamLease Services'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 )
=117906.7 / ((4912.5 + 5446.6) / 2 )
=117906.7 / 5179.55
=22.76

TeamLease Services'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 )
=30346.9 / ((5446.6 + 0) / 1 )
=30346.9 / 5446.6
=5.57

* 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 5.57 mean?
TeamLease Services (NSE:TEAMLEASE) has a Receivables Turnover of 5.57 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 TeamLease Services and its competitors. According to the industry distribution chart, TeamLease Services ranks #56 out of 1062 companies in the Business Services industry, placing it in the top 5.3%.
Is TeamLease Services' Receivables Turnover too high?
TeamLease Services' current Receivables Turnover is 5.57. The Business Services industry median Receivables Turnover is 6.26. TeamLease Services' value of 5.57 is 11% below this industry median. Based on the distribution chart, TeamLease Services ranks #56 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, TeamLease Services has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TeamLease Services' Receivables Turnover compare to KFY and RHI?
According to the Business Services industry distribution chart, TeamLease Services ranks #56 out of 1062 companies for Receivables Turnover. This places TeamLease Services in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.26. TeamLease Services' value of 5.57 is 11% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.26, based on 1,062 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. TeamLease Services's current Receivables Turnover of 5.57 is 11% 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 TeamLease Services and its competitors. For the Business Services industry, the median Receivables Turnover is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeamLease Services's current Receivables Turnover is 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamLease Services stock overvalued right now?
Based on GuruFocus' analysis, TeamLease Services (NSE:TEAMLEASE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,954.49, compared to a current price of ₹1,239.80 — trading 58% below its estimated fair value. The current Receivables Turnover is 5.57 and 11% below the Business Services industry median of 6.26. TeamLease Services' overall GF Score™ is 87/100 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 TeamLease Services (NSE:TEAMLEASE), the current Receivables Turnover is 5.57 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 TeamLease Services (NSE:TEAMLEASE) Overvalued in 2026?

Based on GuruFocus' analysis, TeamLease Services stock appears to be undervalued. The current stock price of ₹1,239.80 is trading 58% below its estimated GF Value™ of ₹2,954.49. GuruFocus considers TeamLease Services to be Significantly Undervalued.

Key valuation signals for NSE:TEAMLEASE:

  • Receivables Turnover: 5.57
  • GF Value™: ₹2,954.49 vs. price of ₹1,239.80 (58% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 11% below the Business Services median (#56 of 1062)

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


TeamLease Services Business Description

Other Exchanges 539658:India
Address Jyothi Nivas College Road, 315 Work Avenue Campus, Ascent Building, Number 77, Koramangala Industrial Layout, Koramangala, Bengaluru, KA, IND, 560095
TeamLease Services Ltd provides human resource services. Its employment services include temporary staffing solutions, permanent recruitment services, and regulatory consultancy for labor law compliance. Its segments are General Staffing and Allied Services, which include Staffing, Temporary Recruitment and Payroll & NETAP, and Other HR Services segments, which Comprises of Regulatory Compliance and Training, etc. The General staffing and Allied Services segment generates the majority of revenue. Geographically the company operates in India and outside India, where the key revenue is generated from India itself.
87GF Score

Get the complete analysis for NSE:TEAMLEASE

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

₹1,239.80
Price
₹2,954.49
GF Value