Zeal Global Services (NSE:ZEAL) Receivables Turnover: 4.02 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ZEAL Zeal Global Services Ltd NSE:ZEAL
78 GF Score
Price ₹65.00
GF Value ₹202.55
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Zeal Global Services Receivables Turnover?

Zeal Global Services NSE:ZEAL -4.97% 78 Receivables Turnover is 4.02 as of Mar. 2026. GuruFocus rates NSE:ZEAL with a GF Score™ of 78/100 and a GF Value™ of ₹202.55 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 997 Transportation companies, Zeal Global Services ranks better than 66.5% 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. Zeal Global Services's Revenue for the six months ended in Mar. 2026 was ₹1,142 Mil. Zeal Global Services's average Accounts Receivable for the six months ended in Mar. 2026 was ₹284 Mil. Hence, Zeal Global Services's Receivables Turnover for the six months ended in Mar. 2026 was 4.02.


Zeal Global Services  (NSE:ZEAL) 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.


Zeal Global Services Receivables Turnover Related Terms


Zeal Global Services Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zeal Global 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.

Zeal Global Services Receivables Turnover Chart

Zeal Global Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 10.92 7.85 11.99 17.65 10.57

Zeal Global Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.85 10.34 7.83 6.44 4.02

NSE:ZEAL vs UPS, FDX, JBHT: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, Zeal Global 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.


Zeal Global Services Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Zeal Global Services's Receivables Turnover distribution charts can be found below:

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


NSE:ZEAL
78GF Score
Zeal Global Services Ltd NSE:ZEAL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeal Global Services Receivables Turnover Calculation

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

Zeal Global 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 )
=2855.29 / ((252.053 + 288.444) / 2 )
=2855.29 / 270.2485
=10.57

Zeal Global Services'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1142.038 / ((280.37 + 288.444) / 2 )
=1142.038 / 284.407
=4.02

* 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 4.02 mean?
Zeal Global Services (NSE:ZEAL) has a Receivables Turnover of 4.02 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 Zeal Global Services and its competitors. According to the industry distribution chart, Zeal Global Services ranks #334 out of 997 companies in the Transportation industry, placing it in the top 33.5%.
Is Zeal Global Services' Receivables Turnover too high?
Zeal Global Services' current Receivables Turnover is 4.02. The Transportation industry median Receivables Turnover is 7.80. Zeal Global Services' value of 4.02 is 48.5% below this industry median. Based on the distribution chart, Zeal Global Services ranks #334 out of 997 companies in the Transportation industry, which is above the industry midpoint. Overall, Zeal Global Services has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, Zeal Global Services ranks #334 out of 997 companies for Receivables Turnover. This puts Zeal Global Services in the upper half of its industry. The industry median Receivables Turnover is 7.80. Zeal Global Services' value of 4.02 is 48.5% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.80, based on 997 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. Zeal Global Services's current Receivables Turnover of 4.02 is 48.5% 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 Zeal Global Services and its competitors. For the Transportation industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Global Services's current Receivables Turnover is 4.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹202.55, compared to a current price of ₹65.00 — trading 67.9% below its estimated fair value. The current Receivables Turnover is 4.02 and 48.5% below the Transportation industry median of 7.80. Zeal Global Services' overall GF Score™ is 78/100 with 7 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 Zeal Global Services (NSE:ZEAL), the current Receivables Turnover is 4.02 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 Zeal Global Services (NSE:ZEAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued. The current stock price of ₹65.00 is trading 67.9% below its estimated GF Value™ of ₹202.55. GuruFocus considers Zeal Global Services to be Possible Value Trap.

Key valuation signals for NSE:ZEAL:

  • Receivables Turnover: 4.02
  • GF Value™: ₹202.55 vs. price of ₹65.00 (67.9% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 48.5% below the Transportation median (#334 of 997)

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


Zeal Global Services Business Description

Address Street No. 6, A - 261/262, Third Floor, Mahipalpur Extension, New Delhi, IND, 110037
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
78GF Score

Get the complete analysis for NSE:ZEAL

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

₹65.00
Price
₹202.55
GF Value