Veto Switchgears And Cables (BOM:539331) Receivables Turnover: 0.85 (As of Mar. 2026)

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BOM:539331 Veto Switchgears And Cables Ltd BOM:539331
79 GF Score
Price ₹121.05
GF Value ₹163.21
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Veto Switchgears And Cables Receivables Turnover?

Veto Switchgears And Cables BOM:539331 -1.94% 79 Receivables Turnover is 0.85 as of Mar. 2026. GuruFocus rates BOM:539331 with a GF Score™ of 79/100 and a GF Value™ of ₹163.21 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,034 Industrial Products companies, Veto Switchgears And Cables ranks worse than 81.77% 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. Veto Switchgears And Cables's Revenue for the three months ended in Mar. 2026 was ₹1,389 Mil. Veto Switchgears And Cables's average Accounts Receivable for the three months ended in Mar. 2026 was ₹1,638 Mil. Hence, Veto Switchgears And Cables's Receivables Turnover for the three months ended in Mar. 2026 was 0.85.


Veto Switchgears And Cables  (BOM:539331) 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.


Veto Switchgears And Cables Receivables Turnover Related Terms


Veto Switchgears And Cables Receivables Turnover Historical Data

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The historical data trend for Veto Switchgears And Cables'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.

Veto Switchgears And Cables Receivables Turnover Chart

Veto Switchgears And Cables 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 2.55 2.28 2.23 2.14 2.49

Veto Switchgears And Cables 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 0.61 0.44 0.61 0.65 0.85

BOM:539331 vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables'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.


Veto Switchgears And Cables Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veto Switchgears And Cables's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Veto Switchgears And Cables's Receivables Turnover falls into.


BOM:539331
79GF Score
Veto Switchgears And Cables Ltd BOM:539331
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Veto Switchgears And Cables Receivables Turnover Calculation

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

Veto Switchgears And Cables'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 )
=3867.148 / ((1472.381 + 1637.773) / 2 )
=3867.148 / 1555.077
=2.49

Veto Switchgears And Cables'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 )
=1388.571 / ((0 + 1637.773) / 1 )
=1388.571 / 1637.773
=0.85

* 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 0.85 mean?
Veto Switchgears And Cables (BOM:539331) has a Receivables Turnover of 0.85 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 Veto Switchgears And Cables and its competitors. According to the industry distribution chart, Veto Switchgears And Cables ranks #2481 out of 3034 companies in the Industrial Products industry, placing it in the top 81.8%.
Is Veto Switchgears And Cables' Receivables Turnover too high?
Veto Switchgears And Cables' current Receivables Turnover is 0.85. The Industrial Products industry median Receivables Turnover is 4.45. Veto Switchgears And Cables' value of 0.85 is 80.9% below this industry median. Based on the distribution chart, Veto Switchgears And Cables ranks #2481 out of 3034 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Veto Switchgears And Cables has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veto Switchgears And Cables ranks #2481 out of 3034 companies for Receivables Turnover. This places Veto Switchgears And Cables in the lower half of its industry. The industry median Receivables Turnover is 4.45. Veto Switchgears And Cables' value of 0.85 is 80.9% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,034 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. Veto Switchgears And Cables's current Receivables Turnover of 0.85 is 80.9% 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 Veto Switchgears And Cables and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veto Switchgears And Cables's current Receivables Turnover is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veto Switchgears And Cables stock overvalued right now?
Based on GuruFocus' analysis, Veto Switchgears And Cables (BOM:539331) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹163.21, compared to a current price of ₹121.05 — trading 25.8% below its estimated fair value. The current Receivables Turnover is 0.85 and 80.9% below the Industrial Products industry median of 4.45. Veto Switchgears And Cables' overall GF Score™ is 79/100 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 Veto Switchgears And Cables (BOM:539331), the current Receivables Turnover is 0.85 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 Veto Switchgears And Cables (BOM:539331) Overvalued in 2026?

Based on GuruFocus' analysis, Veto Switchgears And Cables stock appears to be undervalued. The current stock price of ₹121.05 is trading 25.8% below its estimated GF Value™ of ₹163.21. GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.

Key valuation signals for BOM:539331:

  • Receivables Turnover: 0.85
  • GF Value™: ₹163.21 vs. price of ₹121.05 (25.8% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 80.9% below the Industrial Products median (#2481 of 3034)

No single metric tells the full story. See the BOM:539331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veto Switchgears And Cables Business Description

Other Exchanges VETO:India
Address Tonk Road, Airport Plaza Scheme, 4th Floor, Plot No. 10, Days Hotel, Behind Hotel Radisson Blu, Durgapur, Jaipur, RJ, IND, 302018
Veto Switchgears And Cables Ltd manufactures electronic goods. Its product portfolio includes Wires, Cables, Electrical accessories, Industrial cables, Fans, Compact fluorescent lamps, Modular switches, Light-emitting diode lights, Immersion heaters, Miniature circuit breakers, Distribution boards, and others. The company's segments include Wire and Cables, Lighting and Fittings, and Accessories and Others. It generates maximum revenue from the Lighting and Fittings segment.
79GF Score

Get the complete analysis for BOM:539331

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

₹121.05
Price
₹163.21
GF Value