Sihora Industries (BOM:544585) Receivables Turnover: 4.60 (As of Mar. 2026)

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BOM:544585 Sihora Industries Ltd BOM:544585
19 GF Score
Price ₹62.99
! 6 Warning Signs
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What is Sihora Industries Receivables Turnover?

Sihora Industries BOM:544585 19 Receivables Turnover is 4.60 as of Mar. 2026. GuruFocus rates BOM:544585 with a GF Score™ of 19/100. The stock has 6 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, Sihora Industries ranks worse than 74.76% 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. Sihora Industries's Revenue for the six months ended in Mar. 2026 was ₹105.4 Mil. Sihora Industries's average Accounts Receivable for the six months ended in Mar. 2026 was ₹22.9 Mil. Hence, Sihora Industries's Receivables Turnover for the six months ended in Mar. 2026 was 4.60.


Sihora Industries  (BOM:544585) 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.


Sihora Industries Receivables Turnover Related Terms


Sihora Industries Receivables Turnover Historical Data

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The historical data trend for Sihora Industries'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.

Sihora Industries Receivables Turnover Chart

Sihora Industries Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Receivables Turnover
4.07 6.46 9.54 8.25

Sihora Industries Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Receivables Turnover 0.00 0.00 5.20 4.60

Sihora Industries Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Sihora Industries'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.


Sihora Industries Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sihora Industries's Receivables Turnover distribution charts can be found below:

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


BOM:544585
19GF Score
Sihora Industries Ltd BOM:544585
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sihora Industries Receivables Turnover Calculation

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

Sihora Industries'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 )
=189.198 / ((24.47 + 21.369) / 2 )
=189.198 / 22.9195
=8.25

Sihora Industries'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: Mar. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=105.384 / ((24.47 + 21.369) / 2 )
=105.384 / 22.9195
=4.60

* 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 4.60 mean?
Sihora Industries (BOM:544585) has a Receivables Turnover of 4.60 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 Sihora Industries and its competitors. According to the industry distribution chart, Sihora Industries ranks #779 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 74.8%.
Is Sihora Industries' Receivables Turnover too high?
Sihora Industries' current Receivables Turnover is 4.60. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Sihora Industries' value of 4.60 is 33.7% below this industry median. Based on the distribution chart, Sihora Industries ranks #779 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Sihora Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Sihora Industries' Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sihora Industries ranks #779 out of 1042 companies for Receivables Turnover. This places Sihora Industries in the lower half of its industry. The industry median Receivables Turnover is 6.94. Sihora Industries' value of 4.60 is 33.7% 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 6.94, based on 1,042 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. Sihora Industries's current Receivables Turnover of 4.60 is 33.7% 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 Sihora Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sihora Industries's current Receivables Turnover is 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sihora Industries stock overvalued right now?
Sihora Industries (BOM:544585) has a current Receivables Turnover of 4.60. The current Receivables Turnover is 4.60 and 33.7% below the Manufacturing - Apparel & Accessories industry median of 6.94. Sihora Industries' overall GF Score™ is 19/100 with 6 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 Sihora Industries (BOM:544585), the current Receivables Turnover is 4.60 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.

Sihora Industries Business Description

Address Plot 34/D-1, Laxminarayan, BRC Compound, Udhna, Mangrol, Surat, GJ, IND, 394210
Sihora Industries Ltd is engaged in the business of manufacturing and sale of narrow woven fabrics, lace, digitally printed narrow fabrics, woven labels, tapes, zippers, elastics and other textile products, including technical textiles, for use in fashion and industrial sectors. Its business integrates technology with traditional manufacturing processes for apparel clients, proprietary brands, and contract customers. The company manufactures customizable products for brands, retailers, wholesalers, and end consumers.
19GF Score

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