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.
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.
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. Nahar Spinning Mills's Revenue for the
three
months ended in Jun. 2026 was ₹9,661 Mil. Nahar Spinning Mills's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹5,117 Mil.
Hence, Nahar Spinning Mills's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.89.
Nahar Spinning Mills (BOM:500296) 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.
Nahar Spinning Mills Receivables Turnover Related Terms
Nahar Spinning Mills Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Nahar Spinning Mills'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.
Nahar Spinning Mills Receivables Turnover Competitor Comparison
For the Textile Manufacturing subindustry, Nahar Spinning Mills'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.
Nahar Spinning Mills Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nahar Spinning Mills's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nahar Spinning Mills's Receivables Turnover falls into.
* 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.
Nahar Spinning Mills (BOM:500296) has a Receivables Turnover of 1.89 as of Jun. 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 Nahar Spinning Mills and its competitors. According to the industry distribution chart, Nahar Spinning Mills ranks #618 out of 1038 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.5%.
Is Nahar Spinning Mills' Receivables Turnover too high?
Nahar Spinning Mills' current Receivables Turnover is 1.89. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.90. Nahar Spinning Mills' value of 1.89 is 72.6% below this industry median. Based on the distribution chart, Nahar Spinning Mills ranks #618 out of 1038 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Nahar Spinning Mills has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nahar Spinning Mills' Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nahar Spinning Mills ranks #618 out of 1038 companies for Receivables Turnover. This places Nahar Spinning Mills in the lower half of its industry. The industry median Receivables Turnover is 6.90. Nahar Spinning Mills' value of 1.89 is 72.6% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.90, based on 1,038 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. Nahar Spinning Mills's current Receivables Turnover of 1.89 is 72.6% 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 Nahar Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nahar Spinning Mills's current Receivables Turnover is 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nahar Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Nahar Spinning Mills (BOM:500296) is currently considered Fairly Valued. The stock's GF Value™ is ₹296.42, compared to a current price of ₹298.45 — trading 0.7% above its estimated fair value. The current Receivables Turnover is 1.89 and 72.6% below the Manufacturing - Apparel & Accessories industry median of 6.90. Nahar Spinning Mills' overall GF Score™ is 62/100 with 8 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 Nahar Spinning Mills (BOM:500296), the current Receivables Turnover is 1.89 as of Jun. 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 Nahar Spinning Mills (BOM:500296) Overvalued in 2026?
Based on GuruFocus' analysis, Nahar Spinning Mills stock appears to be overvalued.
The current stock price of ₹298.45 is trading 0.7% above its estimated GF Value™ of ₹296.42.
GuruFocus considers Nahar Spinning Mills to be Fairly Valued.
Key valuation signals for BOM:500296:
Receivables Turnover: 1.89
GF Value™: ₹296.42 vs. price of ₹298.45 (0.7% above fair value)
Industry Position: 72.6% below the Manufacturing - Apparel & Accessories median (#618 of 1038)
No single metric tells the full story. See the BOM:500296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nahar Spinning Mills Ltd is engaged in the business of manufacturing of cotton yarn/blended yarn and hosiery knitwear. The company's product categories include Textiles, Yarns, Woven Fabrics & Garments, Knitwears & Garments, PolyFilms, and Sugar & Other Products. It operates in a single segment of Textiles.
62GF Score
Get the complete analysis for BOM:500296
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:500296 has been successfully added to your 
