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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. Apcotex Industries's Revenue for the
three
months ended in Mar. 2026 was ₹3,976 Mil. Apcotex Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹2,445 Mil.
Hence, Apcotex Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.63.
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.
Apcotex Industries Receivables Turnover Related Terms
Apcotex Industries Receivables Turnover Historical Data
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The historical data trend for Apcotex 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.
NSE:APCOTEXIND vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Apcotex 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.
Apcotex Industries Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Apcotex Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Apcotex Industries'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.
Apcotex Industries (NSE:APCOTEXIND) has a Receivables Turnover of 1.63 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 Apcotex Industries and its competitors. According to the industry distribution chart, Apcotex Industries ranks #691 out of 1579 companies in the Chemicals industry, placing it in the top 43.8%.
Is Apcotex Industries' Receivables Turnover too high?
Apcotex Industries' current Receivables Turnover is 1.63. The Chemicals industry median Receivables Turnover is 5.60. Apcotex Industries' value of 1.63 is 70.9% below this industry median. Based on the distribution chart, Apcotex Industries ranks #691 out of 1579 companies in the Chemicals industry, which is above the industry midpoint. Overall, Apcotex Industries has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apcotex Industries' Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Apcotex Industries ranks #691 out of 1579 companies for Receivables Turnover. This puts Apcotex Industries in the upper half of its industry. The industry median Receivables Turnover is 5.60. Apcotex Industries' value of 1.63 is 70.9% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,579 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. Apcotex Industries's current Receivables Turnover of 1.63 is 70.9% 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 Apcotex Industries and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apcotex Industries's current Receivables Turnover is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apcotex Industries stock overvalued right now?
Based on GuruFocus' analysis, Apcotex Industries (NSE:APCOTEXIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹532.17, compared to a current price of ₹561.05 — trading 5.4% above its estimated fair value. The current Receivables Turnover is 1.63 and 70.9% below the Chemicals industry median of 5.60. Apcotex Industries' overall GF Score™ is 86/100 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 Apcotex Industries (NSE:APCOTEXIND), the current Receivables Turnover is 1.63 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 Apcotex Industries (NSE:APCOTEXIND) Overvalued in 2026?
Based on GuruFocus' analysis, Apcotex Industries stock appears to be overvalued.
The current stock price of ₹561.05 is trading 5.4% above its estimated GF Value™ of ₹532.17.
GuruFocus considers Apcotex Industries to be Fairly Valued.
Key valuation signals for NSE:APCOTEXIND:
Receivables Turnover: 1.63
GF Value™: ₹532.17 vs. price of ₹561.05 (5.4% above fair value)
Industry Position: 70.9% below the Chemicals median (#691 of 1579)
No single metric tells the full story. See the NSE:APCOTEXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apcotex Industries Ltd is an India-based company engaged in producing emulsion polymers. It operates in a single primary business segment, i.e. Synthetic Lattices & Rubber. The various grades of Synthetic Rubber find application in products such as Automotive Components, Hoses, Gaskets, Rice De-husking Rollers, Printing and Industrial Rollers, Friction Materials, Belting, and Footwear. Latexes are used for Paper/Paper Board Coating, Carpet Backing, Tyre Cord Dipping, Construction, and others. Its market coverage includes sales in India and Overseas Countries. The company derives the majority of its revenue from Indian markets.
86GF Score
Get the complete analysis for NSE:APCOTEXIND
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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