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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. Envoy Textiles's Revenue for the
three
months ended in Mar. 2026 was BDT4,052 Mil. Envoy Textiles's average Accounts Receivable for the
three
months ended in Mar. 2026 was BDT5,013 Mil.
Hence, Envoy Textiles's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.81.
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.
Envoy Textiles Receivables Turnover Related Terms
Envoy Textiles Receivables Turnover Historical Data
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The historical data trend for Envoy Textiles'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, Envoy Textiles'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.
Envoy Textiles Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Envoy Textiles's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Envoy Textiles'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.
Envoy Textiles (DHA:ENVOYTEX) has a Receivables Turnover of 0.81 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 Envoy Textiles and its competitors. According to the industry distribution chart, Envoy Textiles ranks #889 out of 1037 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.7%.
Is Envoy Textiles' Receivables Turnover too high?
Envoy Textiles' current Receivables Turnover is 0.81. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.87. Envoy Textiles' value of 0.81 is 88.2% below this industry median. Based on the distribution chart, Envoy Textiles ranks #889 out of 1037 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Envoy Textiles has a GF Score™ of 99/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Envoy Textiles' Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Envoy Textiles ranks #889 out of 1037 companies for Receivables Turnover. This places Envoy Textiles in the lower half of its industry. The industry median Receivables Turnover is 6.87. Envoy Textiles' value of 0.81 is 88.2% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.87, based on 1,037 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. Envoy Textiles's current Receivables Turnover of 0.81 is 88.2% 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 Envoy Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Envoy Textiles's current Receivables Turnover is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Envoy Textiles stock overvalued right now?
Based on GuruFocus' analysis, Envoy Textiles (DHA:ENVOYTEX) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT50.77, compared to a current price of BDT58.20 — trading 14.6% above its estimated fair value. The current Receivables Turnover is 0.81 and 88.2% below the Manufacturing - Apparel & Accessories industry median of 6.87. Envoy Textiles' overall GF Score™ is 99/100 with 5 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 Envoy Textiles (DHA:ENVOYTEX), the current Receivables Turnover is 0.81 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 Envoy Textiles (DHA:ENVOYTEX) Overvalued in 2026?
Based on GuruFocus' analysis, Envoy Textiles stock appears to be overvalued.
The current stock price of BDT58.20 is trading 14.6% above its estimated GF Value™ of BDT50.77.
GuruFocus considers Envoy Textiles to be Modestly Overvalued.
Key valuation signals for DHA:ENVOYTEX:
Receivables Turnover: 0.81
GF Value™: BDT50.77 vs. price of BDT58.20 (14.6% above fair value)
Industry Position: 88.2% below the Manufacturing - Apparel & Accessories median (#889 of 1037)
No single metric tells the full story. See the DHA:ENVOYTEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Envoy Textiles Ltd is a manufacturer of denim and cotton yarn in Bangladesh. The company produces a range of denim products featuring a wide range of yarns and weaves in various shades of indigo and black. The company specializes in 4.5 oz to 14.75 oz ring and open-end denim and uses stretch, mill wash, and modern finishing processes. The product consists of zero cotton denim, bamboo denim, linen denim among others.
99GF Score
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