Teamtech Formwork Solutions (NSE:TEAMTECH) Receivables Turnover: 2.93 (As of Mar. 2026)

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NSE:TEAMTECH Teamtech Formwork Solutions Ltd NSE:TEAMTECH
19 GF Score
Price ₹115.80
! 3 Warning Signs
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What is Teamtech Formwork Solutions Receivables Turnover?

Teamtech Formwork Solutions NSE:TEAMTECH -1.45% 19 Receivables Turnover is 2.93 as of Mar. 2026. GuruFocus rates NSE:TEAMTECH with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 405 Building Materials companies, Teamtech Formwork Solutions ranks worse than 86.91% 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. Teamtech Formwork Solutions's Revenue for the six months ended in Mar. 2026 was ₹535.0 Mil. Teamtech Formwork Solutions's average Accounts Receivable for the six months ended in Mar. 2026 was ₹182.8 Mil. Hence, Teamtech Formwork Solutions's Receivables Turnover for the six months ended in Mar. 2026 was 2.93.


Teamtech Formwork Solutions  (NSE:TEAMTECH) 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.


Teamtech Formwork Solutions Receivables Turnover Related Terms


Teamtech Formwork Solutions Receivables Turnover Historical Data

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The historical data trend for Teamtech Formwork Solutions'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.

Teamtech Formwork Solutions Receivables Turnover Chart

Teamtech Formwork Solutions Annual Data
Trend Mar24 Mar25 Mar26
Receivables Turnover
3.95 4.49 2.93

Teamtech Formwork Solutions Semi-Annual Data
Mar24 Mar25 Mar26
Receivables Turnover 3.95 4.49 2.93

NSE:TEAMTECH vs CRH, VMC, MLM: Receivables Turnover Comparison

For the Building Materials subindustry, Teamtech Formwork Solutions'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.


Teamtech Formwork Solutions Receivables Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Teamtech Formwork Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Teamtech Formwork Solutions's Receivables Turnover falls into.


NSE:TEAMTECH
19GF Score
Teamtech Formwork Solutions Ltd NSE:TEAMTECH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Teamtech Formwork Solutions Receivables Turnover Calculation

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

Teamtech Formwork Solutions'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 )
=534.983 / ((69.148 + 296.441) / 2 )
=534.983 / 182.7945
=2.93

Teamtech Formwork Solutions'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 )
=534.983 / ((69.148 + 296.441) / 2 )
=534.983 / 182.7945
=2.93

* 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 2.93 mean?
Teamtech Formwork Solutions (NSE:TEAMTECH) has a Receivables Turnover of 2.93 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 Teamtech Formwork Solutions and its competitors. According to the industry distribution chart, Teamtech Formwork Solutions ranks #352 out of 405 companies in the Building Materials industry, placing it in the top 86.9%.
Is Teamtech Formwork Solutions' Receivables Turnover too high?
Teamtech Formwork Solutions' current Receivables Turnover is 2.93. The Building Materials industry median Receivables Turnover is 6.31. Teamtech Formwork Solutions' value of 2.93 is 53.6% below this industry median. Based on the distribution chart, Teamtech Formwork Solutions ranks #352 out of 405 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Teamtech Formwork Solutions has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Teamtech Formwork Solutions' Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, Teamtech Formwork Solutions ranks #352 out of 405 companies for Receivables Turnover. This places Teamtech Formwork Solutions in the lower half of its industry. The industry median Receivables Turnover is 6.31. Teamtech Formwork Solutions' value of 2.93 is 53.6% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.31, based on 405 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. Teamtech Formwork Solutions's current Receivables Turnover of 2.93 is 53.6% 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 Teamtech Formwork Solutions and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teamtech Formwork Solutions's current Receivables Turnover is 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teamtech Formwork Solutions stock overvalued right now?
Teamtech Formwork Solutions (NSE:TEAMTECH) has a current Receivables Turnover of 2.93. The current Receivables Turnover is 2.93 and 53.6% below the Building Materials industry median of 6.31. Teamtech Formwork Solutions' overall GF Score™ is 19/100 with 3 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 Teamtech Formwork Solutions (NSE:TEAMTECH), the current Receivables Turnover is 2.93 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.

Teamtech Formwork Solutions Business Description

Address Survey No., 163/Part, Durgamatha House Building Co-operative Housing Society Limited, 3rd Floor, 4th Floor, Plot No. 1050/1, Hydernagar, Balanagar Mandal, Kukatpally Municipal Circle, Ranga Reddy Medchal, Miyapur, Tirumalagiri, Hyderabad, TG, IND, 500049
Teamtech Formwork Solutions Ltd operates on business-to-business (B2B) model and is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry. Its products include vertical modular formwork systems designed for vertical concrete structures such as foundations, walls, shafts, tanks, bridges, circular walls, and other structural elements. The majority of the company's revenue is derived from the sale of Standard Panel. Geographically, it also has a presence in the UAE, Bahrain, and Bhutan. The maximum revenue is derived from its product sales in India.
19GF Score

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