Gratex Industries (BOM:526751) Receivables Turnover: 1.22 (As of Mar. 2026)

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BOM:526751 Gratex Industries Ltd BOM:526751
72 GF Score
Price ₹26.00
GF Value ₹24.87
Valuation Fairly Valued
! 8 Warning Signs
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What is Gratex Industries Receivables Turnover?

Gratex Industries BOM:526751 -0.31% 72 Receivables Turnover is 1.22 as of Mar. 2026. GuruFocus rates BOM:526751 with a GF Score™ of 72/100 and a GF Value™ of ₹24.87 (Fairly Valued). The stock has 8 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Gratex Industries ranks worse than 56.15% 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. Gratex Industries's Revenue for the three months ended in Mar. 2026 was ₹12.71 Mil. Gratex Industries's average Accounts Receivable for the three months ended in Mar. 2026 was ₹10.40 Mil. Hence, Gratex Industries's Receivables Turnover for the three months ended in Mar. 2026 was 1.22.


Gratex Industries  (BOM:526751) 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.


Gratex Industries Receivables Turnover Related Terms


Gratex Industries Receivables Turnover Historical Data

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The historical data trend for Gratex Industries'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.

Gratex Industries Receivables Turnover Chart

Gratex Industries 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 2.42 3.64 3.46 6.85 6.12

Gratex Industries 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 2.77 2.55 1.93 1.73 1.22

BOM:526751 vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Gratex Industries'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.


Gratex Industries Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gratex Industries's Receivables Turnover distribution charts can be found below:

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


BOM:526751
72GF Score
Gratex Industries Ltd BOM:526751
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Gratex Industries Receivables Turnover Calculation

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

Gratex Industries'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 )
=42.713 / ((3.563 + 10.4) / 2 )
=42.713 / 6.9815
=6.12

Gratex Industries'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 )
=12.71 / ((0 + 10.4) / 1 )
=12.71 / 10.4
=1.22

* 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 1.22 mean?
Gratex Industries (BOM:526751) has a Receivables Turnover of 1.22 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 Gratex Industries and its competitors. According to the industry distribution chart, Gratex Industries ranks #242 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 56.1%.
Is Gratex Industries' Receivables Turnover too high?
Gratex Industries' current Receivables Turnover is 1.22. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.07. Gratex Industries' value of 1.22 is 82.7% below this industry median. Based on the distribution chart, Gratex Industries ranks #242 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Gratex Industries has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gratex Industries' Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Gratex Industries ranks #242 out of 431 companies for Receivables Turnover. This places Gratex Industries in the lower half of its industry. The industry median Receivables Turnover is 7.07. Gratex Industries' value of 1.22 is 82.7% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.07, based on 431 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. Gratex Industries's current Receivables Turnover of 1.22 is 82.7% 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 Gratex Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gratex Industries's current Receivables Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gratex Industries stock overvalued right now?
Based on GuruFocus' analysis, Gratex Industries (BOM:526751) is currently considered Fairly Valued. The stock's GF Value™ is ₹24.87, compared to a current price of ₹26.00 — trading 4.5% above its estimated fair value. The current Receivables Turnover is 1.22 and 82.7% below the Furnishings, Fixtures & Appliances industry median of 7.07. Gratex Industries' overall GF Score™ is 72/100 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 Gratex Industries (BOM:526751), the current Receivables Turnover is 1.22 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 Gratex Industries (BOM:526751) Overvalued in 2026?

Based on GuruFocus' analysis, Gratex Industries stock appears to be overvalued. The current stock price of ₹26.00 is trading 4.5% above its estimated GF Value™ of ₹24.87. GuruFocus considers Gratex Industries to be Fairly Valued.

Key valuation signals for BOM:526751:

  • Receivables Turnover: 1.22
  • GF Value™: ₹24.87 vs. price of ₹26.00 (4.5% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 82.7% below the Furnishings, Fixtures & Appliances median (#242 of 431)

No single metric tells the full story. See the BOM:526751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gratex Industries Business Description

Address TTC Industrial Area, Gratex House, A73, MIDC, Kopar Khairne, Sanpada, Thane, Navi Mumbai, MH, IND, 400703
Gratex Industries Ltd engages in the business of trading, reselling and wholesale of wallpapers and related products. Geographically all business activities of the firm are carried out in India. It operates in single business segment: Manufacturing and Trading of Profiles, Catalogues, Digital Posters, Furnitures and Wall coverings.
72GF Score

Get the complete analysis for BOM:526751

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

₹26.00
Price
₹24.87
GF Value