Astron Multigrain (BOM:544628) Receivables Turnover: 2.82 (As of Mar. 2026)

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BOM:544628 Astron Multigrain Ltd BOM:544628
21 GF Score
Price ₹16.02
! 4 Warning Signs
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What is Astron Multigrain Receivables Turnover?

Astron Multigrain BOM:544628 -1.48% 21 Receivables Turnover is 2.82 as of Mar. 2026. GuruFocus rates BOM:544628 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,957 Consumer Packaged Goods companies, Astron Multigrain ranks worse than 94.58% 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. Astron Multigrain's Revenue for the six months ended in Mar. 2026 was ₹343.4 Mil. Astron Multigrain's average Accounts Receivable for the six months ended in Mar. 2026 was ₹121.8 Mil. Hence, Astron Multigrain's Receivables Turnover for the six months ended in Mar. 2026 was 2.82.


Astron Multigrain  (BOM:544628) 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.


Astron Multigrain Receivables Turnover Related Terms


Astron Multigrain Receivables Turnover Historical Data

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The historical data trend for Astron Multigrain'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.

Astron Multigrain Receivables Turnover Chart

Astron Multigrain Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Receivables Turnover
17.35 10.68 6.06 3.97

Astron Multigrain Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Receivables Turnover 0.00 0.00 3.49 2.82

BOM:544628 vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, Astron Multigrain'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.


Astron Multigrain Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astron Multigrain's Receivables Turnover distribution charts can be found below:

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


BOM:544628
21GF Score
Astron Multigrain Ltd BOM:544628
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Astron Multigrain Receivables Turnover Calculation

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

Astron Multigrain'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 )
=484.034 / ((74.712 + 168.947) / 2 )
=484.034 / 121.8295
=3.97

Astron Multigrain'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 )
=343.423 / ((74.712 + 168.947) / 2 )
=343.423 / 121.8295
=2.82

* 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 2.82 mean?
Astron Multigrain (BOM:544628) has a Receivables Turnover of 2.82 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 Astron Multigrain and its competitors. According to the industry distribution chart, Astron Multigrain ranks #1851 out of 1957 companies in the Consumer Packaged Goods industry, placing it in the top 94.6%.
Is Astron Multigrain's Receivables Turnover too high?
Astron Multigrain's current Receivables Turnover is 2.82. The Consumer Packaged Goods industry median Receivables Turnover is 9.45. Astron Multigrain's value of 2.82 is 70.2% below this industry median. Based on the distribution chart, Astron Multigrain ranks #1851 out of 1957 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Astron Multigrain has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Astron Multigrain's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Astron Multigrain ranks #1851 out of 1957 companies for Receivables Turnover. This places Astron Multigrain in the lower half of its industry. The industry median Receivables Turnover is 9.45. Astron Multigrain's value of 2.82 is 70.2% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.45, based on 1,957 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. Astron Multigrain's current Receivables Turnover of 2.82 is 70.2% 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 Astron Multigrain and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astron Multigrain's current Receivables Turnover is 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astron Multigrain stock overvalued right now?
Astron Multigrain (BOM:544628) has a current Receivables Turnover of 2.82. The current Receivables Turnover is 2.82 and 70.2% below the Consumer Packaged Goods industry median of 9.45. Astron Multigrain's 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 Astron Multigrain (BOM:544628), the current Receivables Turnover is 2.82 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.

Astron Multigrain Business Description

Address Plot No. 17 To 21, Near Ram Hotel, Chordi, Gondal, Rajkot, GJ, IND, 360311
Astron Multigrain Ltd is in the business of manufacturing of instant noodles. The company manufactures noodles on a contract manufacturing basis. It also manufactures noodles under its own brand, 'Astron's Swagy Noodles', available in one variant - Mast Masala (Classic flavour). The company is also engaged in the manufacturing of noodle bhujiya and papad. It operates in a single reportable business segment: manufacture and supply of Instant Noodles and other Ready to Eat/ Ready to Cook products to its customers across India. The majority of its revenue is derived from the manufacturing and sale of instant noodles.
21GF Score

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