Spicejet (BOM:500285) Receivables Turnover: 13.24 (As of Dec. 2025)

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BOM:500285 Spicejet Ltd BOM:500285
48 GF Score
Price ₹10.69
GF Value ₹25.24
Valuation Possible Value Trap
! 6 Warning Signs
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What is Spicejet Receivables Turnover?

Spicejet BOM:500285 -0.19% 48 Receivables Turnover is 13.24 as of Dec. 2025. GuruFocus rates BOM:500285 with a GF Score™ of 48/100 and a GF Value™ of ₹25.24 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,001 Transportation companies, Spicejet ranks better than 91.91% 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. Spicejet's Revenue for the three months ended in Dec. 2025 was ₹13,455 Mil. Spicejet's average Accounts Receivable for the three months ended in Dec. 2025 was ₹1,016 Mil. Hence, Spicejet's Receivables Turnover for the three months ended in Dec. 2025 was 13.24.


Spicejet  (BOM:500285) 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.


Spicejet Receivables Turnover Related Terms


Spicejet Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Spicejet'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.

Spicejet Receivables Turnover Chart

Spicejet Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.22 22.32 41.51 42.64 35.96

Spicejet Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 6.37 11.26 8.55 7.19 13.24

BOM:500285 vs DAL, UAL, LUV: Receivables Turnover Comparison

For the Airlines subindustry, Spicejet'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.


Spicejet Receivables Turnover vs Transportation Industry

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

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


BOM:500285
48GF Score
Spicejet Ltd BOM:500285
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Spicejet Receivables Turnover Calculation

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

Spicejet'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 )
=50737.15 / ((1581.89 + 1240.18) / 2 )
=50737.15 / 1411.035
=35.96

Spicejet's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=13454.67 / ((1016.14 + 0) / 1 )
=13454.67 / 1016.14
=13.24

* 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 13.24 mean?
Spicejet (BOM:500285) has a Receivables Turnover of 13.24 as of Dec. 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 Spicejet and its competitors. According to the industry distribution chart, Spicejet ranks #81 out of 1001 companies in the Transportation industry, placing it in the top 8.1%.
Is Spicejet's Receivables Turnover too high?
Spicejet's current Receivables Turnover is 13.24. The Transportation industry median Receivables Turnover is 7.81. Spicejet's value of 13.24 is 69.5% above this industry median. Based on the distribution chart, Spicejet ranks #81 out of 1001 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Spicejet has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spicejet's Receivables Turnover compare to DAL and UAL?
According to the Transportation industry distribution chart, Spicejet ranks #81 out of 1001 companies for Receivables Turnover. This places Spicejet in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.81. Spicejet's value of 13.24 is 69.5% above 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 7.81, based on 1,001 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. Spicejet's current Receivables Turnover of 13.24 is 69.5% above 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 Spicejet and its competitors. For the Transportation industry, the median Receivables Turnover is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spicejet's current Receivables Turnover is 13.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spicejet stock overvalued right now?
Based on GuruFocus' analysis, Spicejet (BOM:500285) is currently considered Possible Value Trap. The stock's GF Value™ is ₹25.24, compared to a current price of ₹10.69 — trading 57.6% below its estimated fair value. The current Receivables Turnover is 13.24 and 69.5% above the Transportation industry median of 7.81. Spicejet's overall GF Score™ is 48/100 with 6 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 Spicejet (BOM:500285), the current Receivables Turnover is 13.24 as of Dec. 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.

Is Spicejet (BOM:500285) Overvalued in 2026?

Based on GuruFocus' analysis, Spicejet stock appears to be undervalued. The current stock price of ₹10.69 is trading 57.6% below its estimated GF Value™ of ₹25.24. GuruFocus considers Spicejet to be Possible Value Trap.

Key valuation signals for BOM:500285:

  • Receivables Turnover: 13.24
  • GF Value™: ₹25.24 vs. price of ₹10.69 (57.6% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 69.5% above the Transportation median (#81 of 1001)

No single metric tells the full story. See the BOM:500285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spicejet Business Description

Address 319, Udyog Vihar, Phase IV, Gurugram, HR, IND, 122016
Spicejet Ltd is an India based airline company. It offers both domestic as well as international air travel services. The operating segments of the company are Airline Transport and Freighter and Logistics Services. Its primary revenue source is derived from passenger air travel with ancillary sources comprising Spice max, insurance, preferred seating, Spice vacations, lounge, visa, cab, cargo and onboard merchandise. In addition, it also offers charter services.
48GF Score

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

₹10.69
Price
₹25.24
GF Value