Renaissance Global (BOM:532923) Receivables Turnover: 0.93 (As of Jun. 2026)

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BOM:532923 Renaissance Global Ltd BOM:532923
63 GF Score
Price ₹136.85
GF Value ₹132.20
Valuation Fairly Valued
! 2 Warning Signs
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What is Renaissance Global Receivables Turnover?

Renaissance Global BOM:532923 +1.15% 63 Receivables Turnover is 0.93 as of Jun. 2026. GuruFocus rates BOM:532923 with a GF Score™ of 63/100 and a GF Value™ of ₹132.20 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,102 Retail - Cyclical companies, Renaissance Global ranks worse than 91.65% 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. Renaissance Global's Revenue for the three months ended in Jun. 2026 was ₹7,804 Mil. Renaissance Global's average Accounts Receivable for the three months ended in Jun. 2026 was ₹8,407 Mil. Hence, Renaissance Global's Receivables Turnover for the three months ended in Jun. 2026 was 0.93.


Renaissance Global  (BOM:532923) 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.


Renaissance Global Receivables Turnover Related Terms


Renaissance Global Receivables Turnover Historical Data

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The historical data trend for Renaissance Global'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.

Renaissance Global Receivables Turnover Chart

Renaissance Global 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 5.29 5.01 4.54 3.50 3.63

Renaissance Global 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 0.75 0.68 1.20 0.45 0.93

BOM:532923 vs TPR: Receivables Turnover Comparison

For the Luxury Goods subindustry, Renaissance Global'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.


Renaissance Global Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's Receivables Turnover distribution charts can be found below:

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


BOM:532923
63GF Score
Renaissance Global Ltd BOM:532923
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Renaissance Global Receivables Turnover Calculation

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

Renaissance Global'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 )
=28130.309 / ((7080.491 + 8406.792) / 2 )
=28130.309 / 7743.6415
=3.63

Renaissance Global'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 )
=7804.467 / ((8406.792 + 0) / 1 )
=7804.467 / 8406.792
=0.93

* 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 0.93 mean?
Renaissance Global (BOM:532923) has a Receivables Turnover of 0.93 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 Renaissance Global and its competitors. According to the industry distribution chart, Renaissance Global ranks #1010 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 91.7%.
Is Renaissance Global's Receivables Turnover too high?
Renaissance Global's current Receivables Turnover is 0.93. The Retail - Cyclical industry median Receivables Turnover is 20.23. Renaissance Global's value of 0.93 is 95.4% below this industry median. Based on the distribution chart, Renaissance Global ranks #1010 out of 1102 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Renaissance Global has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Renaissance Global's Receivables Turnover compare to TPR?
According to the Retail - Cyclical industry distribution chart, Renaissance Global ranks #1010 out of 1102 companies for Receivables Turnover. This places Renaissance Global in the lower half of its industry. The industry median Receivables Turnover is 20.23. Renaissance Global's value of 0.93 is 95.4% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 20.23, based on 1,102 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. Renaissance Global's current Receivables Turnover of 0.93 is 95.4% 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 Renaissance Global and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renaissance Global's current Receivables Turnover is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance Global stock overvalued right now?
Based on GuruFocus' analysis, Renaissance Global (BOM:532923) is currently considered Fairly Valued. The stock's GF Value™ is ₹132.20, compared to a current price of ₹136.85 — trading 3.5% above its estimated fair value. The current Receivables Turnover is 0.93 and 95.4% below the Retail - Cyclical industry median of 20.23. Renaissance Global's overall GF Score™ is 63/100 with 2 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 Renaissance Global (BOM:532923), the current Receivables Turnover is 0.93 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 Renaissance Global (BOM:532923) Overvalued in 2026?

Based on GuruFocus' analysis, Renaissance Global stock appears to be overvalued. The current stock price of ₹136.85 is trading 3.5% above its estimated GF Value™ of ₹132.20. GuruFocus considers Renaissance Global to be Fairly Valued.

Key valuation signals for BOM:532923:

  • Receivables Turnover: 0.93
  • GF Value™: ₹132.20 vs. price of ₹136.85 (3.5% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 95.4% below the Retail - Cyclical median (#1010 of 1102)

No single metric tells the full story. See the BOM:532923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renaissance Global Business Description

Other Exchanges RGL:India
Address Plot Number 36A and 37, SEEPZ - SEZ, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 096
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.
63GF Score

Get the complete analysis for BOM:532923

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

₹136.85
Price
₹132.20
GF Value