Indian Card Clothing Co (BOM:509692) Receivables Turnover: 1.04 (As of Mar. 2026)

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BOM:509692 Indian Card Clothing Co Ltd BOM:509692
61 GF Score
Price ₹224.90
GF Value ₹233.50
Valuation Fairly Valued
! 4 Warning Signs
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What is Indian Card Clothing Co Receivables Turnover?

Indian Card Clothing Co BOM:509692 +2.23% 61 Receivables Turnover is 1.04 as of Mar. 2026. GuruFocus rates BOM:509692 with a GF Score™ of 61/100 and a GF Value™ of ₹233.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, Indian Card Clothing Co ranks worse than 77.87% 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. Indian Card Clothing Co's Revenue for the three months ended in Mar. 2026 was ₹112.4 Mil. Indian Card Clothing Co's average Accounts Receivable for the three months ended in Mar. 2026 was ₹108.4 Mil. Hence, Indian Card Clothing Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.04.


Indian Card Clothing Co  (BOM:509692) 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.


Indian Card Clothing Co Receivables Turnover Related Terms


Indian Card Clothing Co Receivables Turnover Historical Data

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The historical data trend for Indian Card Clothing Co'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.

Indian Card Clothing Co Receivables Turnover Chart

Indian Card Clothing Co 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 4.90 4.10 3.50 4.21 4.31

Indian Card Clothing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.18 1.11 1.03 1.00 1.04

Indian Card Clothing Co Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Indian Card Clothing Co'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.


Indian Card Clothing Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Card Clothing Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Indian Card Clothing Co's Receivables Turnover falls into.


BOM:509692
61GF Score
Indian Card Clothing Co Ltd BOM:509692
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Card Clothing Co Receivables Turnover Calculation

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

Indian Card Clothing Co'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 )
=420.269 / ((86.794 + 108.415) / 2 )
=420.269 / 97.6045
=4.31

Indian Card Clothing Co'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=112.354 / ((0 + 108.415) / 1 )
=112.354 / 108.415
=1.04

* 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 1.04 mean?
Indian Card Clothing Co (BOM:509692) has a Receivables Turnover of 1.04 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 Indian Card Clothing Co and its competitors. According to the industry distribution chart, Indian Card Clothing Co ranks #806 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.9%.
Is Indian Card Clothing Co's Receivables Turnover too high?
Indian Card Clothing Co's current Receivables Turnover is 1.04. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.88. Indian Card Clothing Co's value of 1.04 is 84.9% below this industry median. Based on the distribution chart, Indian Card Clothing Co ranks #806 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Indian Card Clothing Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Card Clothing Co's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indian Card Clothing Co ranks #806 out of 1035 companies for Receivables Turnover. This places Indian Card Clothing Co in the lower half of its industry. The industry median Receivables Turnover is 6.88. Indian Card Clothing Co's value of 1.04 is 84.9% 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 6.88, based on 1,035 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. Indian Card Clothing Co's current Receivables Turnover of 1.04 is 84.9% 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 Indian Card Clothing Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Card Clothing Co's current Receivables Turnover is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Card Clothing Co stock overvalued right now?
Based on GuruFocus' analysis, Indian Card Clothing Co (BOM:509692) is currently considered Fairly Valued. The stock's GF Value™ is ₹233.50, compared to a current price of ₹224.90 — trading 3.7% below its estimated fair value. The current Receivables Turnover is 1.04 and 84.9% below the Manufacturing - Apparel & Accessories industry median of 6.88. Indian Card Clothing Co's overall GF Score™ is 61/100 with 4 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 Indian Card Clothing Co (BOM:509692), the current Receivables Turnover is 1.04 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 Indian Card Clothing Co (BOM:509692) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Card Clothing Co stock appears to be undervalued. The current stock price of ₹224.90 is trading 3.7% below its estimated GF Value™ of ₹233.50. GuruFocus considers Indian Card Clothing Co to be Fairly Valued.

Key valuation signals for BOM:509692:

  • Receivables Turnover: 1.04
  • GF Value™: ₹233.50 vs. price of ₹224.90 (3.7% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 84.9% below the Manufacturing - Apparel & Accessories median (#806 of 1035)

No single metric tells the full story. See the BOM:509692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Card Clothing Co Business Description

Other Exchanges INDIANCARD:India
Address Koregaon Park Annexe, 14th Floor, B Wing, AP-81, Mundhwa, Pune, MH, IND, 411036
Indian Card Clothing Co Ltd (ICC) is a precision engineering company specializing in the manufacturing and supply of card clothing products and carding solutions for the textile industry. ICC has developed card clothing products such as cylinder wires, doffer wires, lickerin wires, and flat tops used in cotton carding and non-woven textile processes. The company operates manufacturing facilities in Pune, Maharashtra, and Nalagarh, Himachal Pradesh, catering to domestic and international markets. It generates revenue through sales of card clothing sets and related accessories to textile producers. ICC focuses on technology-driven product innovation to meet evolving industry requirements.
61GF Score

Get the complete analysis for BOM:509692

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

₹224.90
Price
₹233.50
GF Value