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True ColorsBOM:544531 +0.63%21 Receivables Turnover is 1.49 as of Mar. 2026. GuruFocus rates BOM:544531 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 163 Industrial Distribution companies, True Colors ranks worse than 84.66% 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. True Colors's Revenue for the
six
months ended in Mar. 2026 was ₹1,504 Mil. True Colors's average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹1,010 Mil.
Hence, True Colors's Receivables Turnover for the
six
months ended in Mar. 2026 was 1.49.
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.
True Colors Receivables Turnover Related Terms
True Colors Receivables Turnover Historical Data
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The historical data trend for True Colors'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.
True Colors Receivables Turnover Chart
True Colors Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Receivables Turnover
1.40
8.15
8.81
5.87
3.60
True Colors Semi-Annual Data
Sep25
Mar26
Receivables Turnover
1.66
1.49
BOM:544531 vs CTAS, CPRT, GPN: Receivables Turnover Comparison
For the Industrial Distribution subindustry, True Colors'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.
True Colors Receivables Turnover vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, True Colors's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where True Colors'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.
True Colors (BOM:544531) has a Receivables Turnover of 1.49 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 True Colors and its competitors. According to the industry distribution chart, True Colors ranks #138 out of 163 companies in the Industrial Distribution industry, placing it in the top 84.7%.
Is True Colors' Receivables Turnover too high?
True Colors' current Receivables Turnover is 1.49. The Industrial Distribution industry median Receivables Turnover is 6.07. True Colors' value of 1.49 is 75.5% below this industry median. Based on the distribution chart, True Colors ranks #138 out of 163 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, True Colors has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does True Colors' Receivables Turnover compare to CTAS and CPRT?
According to the Industrial Distribution industry distribution chart, True Colors ranks #138 out of 163 companies for Receivables Turnover. This places True Colors in the lower half of its industry. The industry median Receivables Turnover is 6.07. True Colors' value of 1.49 is 75.5% 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 Distribution company?
The median Receivables Turnover among Industrial Distribution companies is 6.07, based on 163 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. True Colors's current Receivables Turnover of 1.49 is 75.5% 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 True Colors and its competitors. For the Industrial Distribution industry, the median Receivables Turnover is 6.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True Colors's current Receivables Turnover is 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True Colors stock overvalued right now?
True Colors (BOM:544531) has a current Receivables Turnover of 1.49. The current Receivables Turnover is 1.49 and 75.5% below the Industrial Distribution industry median of 6.07. True Colors' overall GF Score™ is 21/100 with 4 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 True Colors (BOM:544531), the current Receivables Turnover is 1.49 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.
True Colors Ltd is engaged in the business of importing and distributing of digital textile printers and manufacturing and supplying of products related to the digital textile printing industry. It imports and distributes high-quality wide-format digital textile inkjet printers and also provides digital textile printing inks such as Sublimation Inks, Reactive Inks, and Disperse Inks. The company has established an in-house sublimation paper manufacturing unit, a critical component in the digital textile printing process. It generates revenue from the trading of Ink and digital printing machines.
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