CWD (BOM:543378) Receivables Turnover: 3.22 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:543378 CWD Ltd BOM:543378
78 GF Score
Price ₹317.95
GF Value ₹877.39
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is CWD Receivables Turnover?

CWD BOM:543378 +0.73% 78 Receivables Turnover is 3.22 as of Mar. 2026. GuruFocus rates BOM:543378 with a GF Score™ of 78/100 and a GF Value™ of ₹877.39 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,462 Hardware companies, CWD ranks better than 53.37% 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. CWD's Revenue for the six months ended in Mar. 2026 was ₹1,018 Mil. CWD's average Accounts Receivable for the six months ended in Mar. 2026 was ₹316 Mil. Hence, CWD's Receivables Turnover for the six months ended in Mar. 2026 was 3.22.


CWD  (BOM:543378) 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.


CWD Receivables Turnover Related Terms


CWD Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CWD'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.

CWD Receivables Turnover Chart

CWD Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 14.86 4.94 1.98 2.16 5.40

CWD Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.31 0.50 1.75 1.78 3.22

BOM:543378 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, CWD'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.


CWD Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, CWD's Receivables Turnover distribution charts can be found below:

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


BOM:543378
78GF Score
CWD Ltd BOM:543378
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CWD Receivables Turnover Calculation

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

CWD'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 )
=1418.384 / ((171.567 + 354.194) / 2 )
=1418.384 / 262.8805
=5.40

CWD'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1017.9 / ((278.014 + 354.194) / 2 )
=1017.9 / 316.104
=3.22

* 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 3.22 mean?
CWD (BOM:543378) has a Receivables Turnover of 3.22 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 CWD and its competitors. According to the industry distribution chart, CWD ranks #1148 out of 2462 companies in the Hardware industry, placing it in the top 46.6%.
Is CWD's Receivables Turnover too high?
CWD's current Receivables Turnover is 3.22. The Hardware industry median Receivables Turnover is 5.04. CWD's value of 3.22 is 36.1% below this industry median. Based on the distribution chart, CWD ranks #1148 out of 2462 companies in the Hardware industry, which is above the industry midpoint. Overall, CWD has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CWD's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, CWD ranks #1148 out of 2462 companies for Receivables Turnover. This puts CWD in the upper half of its industry. The industry median Receivables Turnover is 5.04. CWD's value of 3.22 is 36.1% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 5.04, based on 2,462 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. CWD's current Receivables Turnover of 3.22 is 36.1% 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 CWD and its competitors. For the Hardware industry, the median Receivables Turnover is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CWD's current Receivables Turnover is 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWD stock overvalued right now?
Based on GuruFocus' analysis, CWD (BOM:543378) is currently considered Possible Value Trap. The stock's GF Value™ is ₹877.39, compared to a current price of ₹317.95 — trading 63.8% below its estimated fair value. The current Receivables Turnover is 3.22 and 36.1% below the Hardware industry median of 5.04. CWD's overall GF Score™ is 78/100 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 CWD (BOM:543378), the current Receivables Turnover is 3.22 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 CWD (BOM:543378) Overvalued in 2026?

Based on GuruFocus' analysis, CWD stock appears to be undervalued. The current stock price of ₹317.95 is trading 63.8% below its estimated GF Value™ of ₹877.39. GuruFocus considers CWD to be Possible Value Trap.

Key valuation signals for BOM:543378:

  • Receivables Turnover: 3.22
  • GF Value™: ₹877.39 vs. price of ₹317.95 (63.8% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 36.1% below the Hardware median (#1148 of 2462)

No single metric tells the full story. See the BOM:543378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CWD Business Description

Address Plot No. 439, Kalbadevi Road, Hasham Premji Building, 101, 1st Floor, Marine Lines, Mumbai, MH, IND, 400 002
CWD Ltd is an Information and Communication Technology (ICT) company specializing in designing, developing, manufacturing, and selling integrated wireless technology solutions. The company focuses on wireless communication technologies including NFC, Bluetooth BLE, Wi-Fi, Zigbee, LoRa, 5G LTE, NB-IoT, and LTE CAT M1. Its diversified product portfolio includes smart medical consumer electronics, vaccine tracking and delivery devices, farm cattle tracking systems, smart power meter electronics, employee safety and identity solutions, smart lighting components, and Bluetooth low energy modules. CWD also has subsidiaries and has expanded its footprint through acquisitions. CWD operates in two prominent segments, Consumer Electronics and Design and Development of Technology Solutions.
78GF Score

Get the complete analysis for BOM:543378

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

₹317.95
Price
₹877.39
GF Value