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Bindal ExportsBOM:540148 55 Receivables Turnover is 2.42 as of Mar. 2026. GuruFocus rates BOM:540148 with a GF Score™ of 55/100 and a GF Value™ of ₹20.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Bindal Exports ranks worse than 69.87% 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. Bindal Exports's Revenue for the
six
months ended in Mar. 2026 was ₹97.3 Mil. Bindal Exports's average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹40.2 Mil.
Hence, Bindal Exports's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.42.
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.
Bindal Exports Receivables Turnover Related Terms
Bindal Exports Receivables Turnover Historical Data
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The historical data trend for Bindal Exports'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.
For the Textile Manufacturing subindustry, Bindal Exports'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.
Bindal Exports Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bindal Exports's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Bindal Exports's Receivables Turnover falls into.
* 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.
Bindal Exports (BOM:540148) has a Receivables Turnover of 2.42 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 Bindal Exports and its competitors. According to the industry distribution chart, Bindal Exports ranks #726 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69.9%.
Is Bindal Exports' Receivables Turnover too high?
Bindal Exports' current Receivables Turnover is 2.42. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.99. Bindal Exports' value of 2.42 is 65.4% below this industry median. Based on the distribution chart, Bindal Exports ranks #726 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bindal Exports has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bindal Exports' Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bindal Exports ranks #726 out of 1039 companies for Receivables Turnover. This places Bindal Exports in the lower half of its industry. The industry median Receivables Turnover is 6.99. Bindal Exports' value of 2.42 is 65.4% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.99, based on 1,039 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. Bindal Exports's current Receivables Turnover of 2.42 is 65.4% 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 Bindal Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bindal Exports's current Receivables Turnover is 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bindal Exports stock overvalued right now?
Based on GuruFocus' analysis, Bindal Exports (BOM:540148) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.08, compared to a current price of ₹27.80 — trading 38.4% above its estimated fair value. The current Receivables Turnover is 2.42 and 65.4% below the Manufacturing - Apparel & Accessories industry median of 6.99. Bindal Exports' overall GF Score™ is 55/100 with 7 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 Bindal Exports (BOM:540148), the current Receivables Turnover is 2.42 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 Bindal Exports (BOM:540148) Overvalued in 2026?
Based on GuruFocus' analysis, Bindal Exports stock appears to be overvalued.
The current stock price of ₹27.80 is trading 38.4% above its estimated GF Value™ of ₹20.08.
GuruFocus considers Bindal Exports to be Significantly Overvalued.
Key valuation signals for BOM:540148:
Receivables Turnover: 2.42
GF Value™: ₹20.08 vs. price of ₹27.80 (38.4% above fair value)
Industry Position: 65.4% below the Manufacturing - Apparel & Accessories median (#726 of 1039)
No single metric tells the full story. See the BOM:540148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bindal Exports Ltd is involved in the manufacturing and export of textiles, garments, and made-ups. The company specializes in diverse international styles, varied colors, and specialty finishes, which are tailor-made to customers' requirements. Its fabric portfolio comprises different blends of polyester, rayon, cotton, satin, chiffon, knitted fabric, viscose, etc., which are supplied in domestic and international markets. It derives the majority of its revenue from Fabrics and Fants.
55GF Score
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