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Aastha SpintexNSE:AASTHA -0.37%14 Receivables Turnover is 6.15 as of Mar. 2025. GuruFocus rates NSE:AASTHA with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Aastha Spintex ranks worse than 57.46% 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. Aastha Spintex's Revenue for the
six
months ended in Mar. 2025 was ₹3,437 Mil. Aastha Spintex's average Accounts Receivable for the
six
months ended in Mar. 2025 was ₹559 Mil.
Hence, Aastha Spintex's Receivables Turnover for the
six
months ended in Mar. 2025 was 6.15.
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.
Aastha Spintex Receivables Turnover Related Terms
Aastha Spintex Receivables Turnover Historical Data
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The historical data trend for Aastha Spintex'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.
Aastha Spintex Receivables Turnover Chart
Aastha Spintex Annual Data
Trend
Mar23
Mar24
Mar25
Receivables Turnover
15.78
6.76
6.15
Aastha Spintex Semi-Annual Data
Mar23
Mar24
Mar25
Receivables Turnover
15.78
6.76
6.15
NSE:AASTHA vs : Receivables Turnover Comparison
For the Textile Manufacturing subindustry, Aastha Spintex'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.
Aastha Spintex Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aastha Spintex's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Aastha Spintex'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.
Aastha Spintex (NSE:AASTHA) has a Receivables Turnover of 6.15 as of Mar. 2025. 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 Aastha Spintex and its competitors. According to the industry distribution chart, Aastha Spintex ranks #593 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.5%.
Is Aastha Spintex's Receivables Turnover too high?
Aastha Spintex's current Receivables Turnover is 6.15. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Aastha Spintex's value of 6.15 is 11.3% below this industry median. Based on the distribution chart, Aastha Spintex ranks #593 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Aastha Spintex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's Receivables Turnover compare to ?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aastha Spintex ranks #593 out of 1032 companies for Receivables Turnover. This places Aastha Spintex in the lower half of its industry. The industry median Receivables Turnover is 6.94. Aastha Spintex's value of 6.15 is 11.3% 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 1,032 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. Aastha Spintex's current Receivables Turnover of 6.15 is 11.3% 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 Aastha Spintex 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. Aastha Spintex's current Receivables Turnover is 6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current Receivables Turnover of 6.15. The current Receivables Turnover is 6.15 and 11.3% below the Manufacturing - Apparel & Accessories industry median of 6.94. Aastha Spintex's overall GF Score™ is 14/100 with 1 warning sign 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 Aastha Spintex (NSE:AASTHA), the current Receivables Turnover is 6.15 as of Mar. 2025. 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.
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
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