Ashnoor Textile Mills (BOM:507872) Receivables Turnover: 1.40 (As of Jun. 2026)

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BOM:507872 Ashnoor Textile Mills Ltd BOM:507872
59 GF Score
Price ₹47.00
GF Value ₹33.93
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ashnoor Textile Mills Receivables Turnover?

Ashnoor Textile Mills BOM:507872 -2.47% 59 Receivables Turnover is 1.40 as of Jun. 2026. GuruFocus rates BOM:507872 with a GF Score™ of 59/100 and a GF Value™ of ₹33.93 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, Ashnoor Textile Mills ranks worse than 82.92% 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. Ashnoor Textile Mills's Revenue for the three months ended in Jun. 2026 was ₹342 Mil. Ashnoor Textile Mills's average Accounts Receivable for the three months ended in Jun. 2026 was ₹243 Mil. Hence, Ashnoor Textile Mills's Receivables Turnover for the three months ended in Jun. 2026 was 1.40.


Ashnoor Textile Mills  (BOM:507872) 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.


Ashnoor Textile Mills Receivables Turnover Related Terms


Ashnoor Textile Mills Receivables Turnover Historical Data

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The historical data trend for Ashnoor Textile 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.

Ashnoor Textile Mills Receivables Turnover Chart

Ashnoor Textile Mills 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 4.56 3.39 3.98 5.27 3.69

Ashnoor Textile Mills Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.07 1.09 0.69 1.06 1.40

Ashnoor Textile Mills Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Ashnoor Textile 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.


Ashnoor Textile Mills Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ashnoor Textile Mills's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ashnoor Textile Mills's Receivables Turnover falls into.


BOM:507872
59GF Score
Ashnoor Textile Mills Ltd BOM:507872
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashnoor Textile Mills Receivables Turnover Calculation

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

Ashnoor Textile Mills'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 )
=1136.135 / ((372.747 + 243.353) / 2 )
=1136.135 / 308.05
=3.69

Ashnoor Textile Mills's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=341.783 / ((243.353 + 0) / 1 )
=341.783 / 243.353
=1.40

* 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 1.40 mean?
Ashnoor Textile Mills (BOM:507872) has a Receivables Turnover of 1.40 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 Ashnoor Textile Mills and its competitors. According to the industry distribution chart, Ashnoor Textile Mills ranks #864 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.9%.
Is Ashnoor Textile Mills' Receivables Turnover too high?
Ashnoor Textile Mills' current Receivables Turnover is 1.40. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Ashnoor Textile Mills' value of 1.40 is 79.8% below this industry median. Based on the distribution chart, Ashnoor Textile Mills ranks #864 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Ashnoor Textile Mills has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashnoor Textile Mills' Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ashnoor Textile Mills ranks #864 out of 1042 companies for Receivables Turnover. This places Ashnoor Textile Mills in the lower half of its industry. The industry median Receivables Turnover is 6.94. Ashnoor Textile Mills' value of 1.40 is 79.8% 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 6.94, based on 1,042 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. Ashnoor Textile Mills's current Receivables Turnover of 1.40 is 79.8% 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 Ashnoor Textile Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashnoor Textile Mills's current Receivables Turnover is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashnoor Textile Mills stock overvalued right now?
Based on GuruFocus' analysis, Ashnoor Textile Mills (BOM:507872) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹33.93, compared to a current price of ₹47.00 — trading 38.5% above its estimated fair value. The current Receivables Turnover is 1.40 and 79.8% below the Manufacturing - Apparel & Accessories industry median of 6.94. Ashnoor Textile Mills' overall GF Score™ is 59/100 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 Ashnoor Textile Mills (BOM:507872), the current Receivables Turnover is 1.40 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 Ashnoor Textile Mills (BOM:507872) Overvalued in 2026?

Based on GuruFocus' analysis, Ashnoor Textile Mills stock appears to be overvalued. The current stock price of ₹47.00 is trading 38.5% above its estimated GF Value™ of ₹33.93. GuruFocus considers Ashnoor Textile Mills to be Significantly Overvalued.

Key valuation signals for BOM:507872:

  • Receivables Turnover: 1.40
  • GF Value™: ₹33.93 vs. price of ₹47.00 (38.5% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 79.8% below the Manufacturing - Apparel & Accessories median (#864 of 1042)

No single metric tells the full story. See the BOM:507872 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashnoor Textile Mills Business Description

Address Behrampur Road, Village Khandsa, Gurugram, HR, IND, 122001
Ashnoor Textile Mills Ltd is an Indian company engaged in the manufacture and sale of terry towels. The majority of its revenue is generated from the export of terry towels, mainly to the United States of America, and the rest from its business in its domestic market.
59GF Score

Get the complete analysis for BOM:507872

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

₹47.00
Price
₹33.93
GF Value