Wipro (NSE:WIPRO) Receivables Turnover: 1.78 (As of Mar. 2026)


NSE:WIPRO Wipro Ltd NSE:WIPRO
82 GF Score
Price ₹175.46
GF Value ₹257.81
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Wipro Receivables Turnover?

Wipro NSE:WIPRO +1.56% 82 Receivables Turnover is 1.78 as of Mar. 2026. GuruFocus rates NSE:WIPRO with a GF Score™ of 82/100 and a GF Value™ of ₹257.81 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,771 Software companies, Wipro ranks better than 65.39% 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. Wipro's Revenue for the three months ended in Mar. 2026 was ₹242,363 Mil. Wipro's average Accounts Receivable for the three months ended in Mar. 2026 was ₹135,858 Mil. Hence, Wipro's Receivables Turnover for the three months ended in Mar. 2026 was 1.78.


Wipro  (NSE:WIPRO) 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.


Wipro Receivables Turnover Related Terms


Wipro Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Wipro'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.

Wipro Receivables Turnover Chart

Wipro 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 7.55 7.49 7.42 7.64 7.30

Wipro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 1.88 1.92 1.85 1.78

NSE:WIPRO vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, Wipro'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.


Wipro Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Wipro's Receivables Turnover distribution charts can be found below:

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


NSE:WIPRO
82GF Score
Wipro Ltd NSE:WIPRO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Wipro Receivables Turnover Calculation

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

Wipro'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 )
=926240 / ((117745 + 135901) / 2 )
=926240 / 126823
=7.30

Wipro'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 )
=242363 / ((135815 + 135901) / 2 )
=242363 / 135858
=1.78

* 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 1.78 mean?
Wipro (NSE:WIPRO) has a Receivables Turnover of 1.78 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 Wipro and its competitors. According to the industry distribution chart, Wipro ranks #959 out of 2771 companies in the Software industry, placing it in the top 34.6%.
Is Wipro's Receivables Turnover too high?
Wipro's current Receivables Turnover is 1.78. The Software industry median Receivables Turnover is 5.69. Wipro's value of 1.78 is 68.7% below this industry median. Based on the distribution chart, Wipro ranks #959 out of 2771 companies in the Software industry, which is above the industry midpoint. Overall, Wipro has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wipro's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Wipro ranks #959 out of 2771 companies for Receivables Turnover. This puts Wipro in the upper half of its industry. The industry median Receivables Turnover is 5.69. Wipro's value of 1.78 is 68.7% 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 Software company?
The median Receivables Turnover among Software companies is 5.69, based on 2,771 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. Wipro's current Receivables Turnover of 1.78 is 68.7% 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 Wipro and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wipro's current Receivables Turnover is 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wipro stock overvalued right now?
Based on GuruFocus' analysis, Wipro (NSE:WIPRO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹257.81, compared to a current price of ₹175.46 — trading 31.9% below its estimated fair value. The current Receivables Turnover is 1.78 and 68.7% below the Software industry median of 5.69. Wipro's overall GF Score™ is 82/100 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 Wipro (NSE:WIPRO), the current Receivables Turnover is 1.78 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 Wipro (NSE:WIPRO) Overvalued in 2026?

Based on GuruFocus' analysis, Wipro stock appears to be undervalued. The current stock price of ₹175.46 is trading 31.9% below its estimated GF Value™ of ₹257.81. GuruFocus considers Wipro to be Significantly Undervalued.

Key valuation signals for NSE:WIPRO:

  • Receivables Turnover: 1.78
  • GF Value™: ₹257.81 vs. price of ₹175.46 (31.9% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 68.7% below the Software median (#959 of 2771)

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


Wipro Business Description

Address Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560035
Wipro is a multinational IT services provider based in Bengaluru, India. The company pivoted into the IT space in the 1980s and grew into one of the largest Indian IT consulting companies during the dot-com boom. Nowadays, Wipro leverages its offshore outsourcing model to derive a significant portion of its revenue from North America and Europe.
82GF Score

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

₹175.46
Price
₹257.81
GF Value