PMEC (Primech Holdings) Receivables Turnover: 2.34 (As of Sep. 2025)

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PMEC Primech Holdings Ltd PMEC
25 GF Score
Price $0.62
! 5 Warning Signs
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What is Primech Holdings Receivables Turnover?

Primech Holdings PMEC -0.19% 25 Receivables Turnover is 2.34 as of Sep. 2025. GuruFocus rates PMEC with a GF Score™ of 25/100. The stock has 5 warning signs investors should review. Among 1,063 Business Services companies, Primech Holdings ranks worse than 69.61% 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. Primech Holdings's Revenue for the six months ended in Sep. 2025 was $38.06 Mil. Primech Holdings's average Accounts Receivable for the six months ended in Sep. 2025 was $16.24 Mil. Hence, Primech Holdings's Receivables Turnover for the six months ended in Sep. 2025 was 2.34.


Primech Holdings  (NAS:PMEC) 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.


Primech Holdings Receivables Turnover Related Terms


Primech Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Primech Holdings'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.

Primech Holdings Receivables Turnover Chart

Primech Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial 4.48 4.67 5.91 5.36 5.42

Primech Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 2.62 2.40 2.62 2.34

PMEC vs WBQNL, SFRX, KUBR: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Primech Holdings'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.


Primech Holdings Receivables Turnover vs Business Services Industry

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

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


PMEC
25GF Score
Primech Holdings Ltd PMEC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Primech Holdings Receivables Turnover Calculation

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

Primech Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=74.349 / ((14.832 + 12.59) / 2 )
=74.349 / 13.711
=5.42

Primech Holdings's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=38.063 / ((12.59 + 19.88) / 2 )
=38.063 / 16.235
=2.34

* 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 2.34 mean?
Primech Holdings (PMEC) has a Receivables Turnover of 2.34 as of Sep. 2025. 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 Primech Holdings and its competitors. According to the industry distribution chart, Primech Holdings ranks #740 out of 1063 companies in the Business Services industry, placing it in the top 69.6%.
Is Primech Holdings' Receivables Turnover too high?
Primech Holdings' current Receivables Turnover is 2.34. The Business Services industry median Receivables Turnover is 6.25. Primech Holdings' value of 2.34 is 62.6% below this industry median. Based on the distribution chart, Primech Holdings ranks #740 out of 1063 companies in the Business Services industry, which is below the industry midpoint. Overall, Primech Holdings has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Primech Holdings' Receivables Turnover compare to WBQNL and SFRX?
According to the Business Services industry distribution chart, Primech Holdings ranks #740 out of 1063 companies for Receivables Turnover. This places Primech Holdings in the lower half of its industry. The industry median Receivables Turnover is 6.25. Primech Holdings' value of 2.34 is 62.6% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.25, based on 1,063 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. Primech Holdings's current Receivables Turnover of 2.34 is 62.6% 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 Primech Holdings and its competitors. For the Business Services industry, the median Receivables Turnover is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primech Holdings's current Receivables Turnover is 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primech Holdings stock overvalued right now?
Primech Holdings (PMEC) has a current Receivables Turnover of 2.34. The current Receivables Turnover is 2.34 and 62.6% below the Business Services industry median of 6.25. Primech Holdings' overall GF Score™ is 25/100 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 Primech Holdings (PMEC), the current Receivables Turnover is 2.34 as of Sep. 2025. 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.

Primech Holdings Business Description

Address 23 Ubi Crescent, Singapore, SGP, 408579
Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.
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