Aplab (NSE:APLAB) Receivables Turnover: 1.66 (As of Mar. 2026)


NSE:APLAB Aplab Ltd NSE:APLAB
45 GF Score
Price ₹32.50
GF Value ₹13.21
! 4 Warning Signs
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What is Aplab Receivables Turnover?

Aplab NSE:APLAB 45 Receivables Turnover is 1.66 as of Mar. 2026. GuruFocus rates NSE:APLAB with a GF Score™ of 45/100 and a GF Value™ of ₹13.21. The stock has 4 warning signs investors should review. Among 3,028 Industrial Products companies, Aplab ranks worse than 71.76% 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. Aplab's Revenue for the three months ended in Mar. 2026 was ₹143.5 Mil. Aplab's average Accounts Receivable for the three months ended in Mar. 2026 was ₹86.3 Mil. Hence, Aplab's Receivables Turnover for the three months ended in Mar. 2026 was 1.66.


Aplab  (NSE:APLAB) 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.


Aplab Receivables Turnover Related Terms


Aplab Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Aplab'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.

Aplab Receivables Turnover Chart

Aplab Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 2.17 1.88 2.86 3.85

Aplab Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 0.71 0.70 0.45 1.66

NSE:APLAB vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Aplab'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.


Aplab Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aplab's Receivables Turnover distribution charts can be found below:

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


NSE:APLAB
45GF Score
Aplab Ltd NSE:APLAB
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Aplab Receivables Turnover Calculation

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

Aplab'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 )
=584.353 / ((217.165 + 86.256) / 2 )
=584.353 / 151.7105
=3.85

Aplab'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=143.471 / ((0 + 86.256) / 1 )
=143.471 / 86.256
=1.66

* 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 1.66 mean?
Aplab (NSE:APLAB) has a Receivables Turnover of 1.66 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 Aplab and its competitors. According to the industry distribution chart, Aplab ranks #2173 out of 3028 companies in the Industrial Products industry, placing it in the top 71.8%.
Is Aplab's Receivables Turnover too high?
Aplab's current Receivables Turnover is 1.66. The Industrial Products industry median Receivables Turnover is 4.44. Aplab's value of 1.66 is 62.6% below this industry median. Based on the distribution chart, Aplab ranks #2173 out of 3028 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Aplab has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Aplab's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Aplab ranks #2173 out of 3028 companies for Receivables Turnover. This places Aplab in the lower half of its industry. The industry median Receivables Turnover is 4.44. Aplab's value of 1.66 is 62.6% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.44, based on 3,028 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. Aplab's current Receivables Turnover of 1.66 is 62.6% 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 Aplab and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aplab's current Receivables Turnover is 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aplab stock overvalued right now?
Aplab (NSE:APLAB) has a current Receivables Turnover of 1.66. The stock's GF Value™ is ₹13.21, compared to a current price of ₹32.50 — trading 146% above its estimated fair value. The current Receivables Turnover is 1.66 and 62.6% below the Industrial Products industry median of 4.44. Aplab's overall GF Score™ is 45/100 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 Aplab (NSE:APLAB), the current Receivables Turnover is 1.66 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 Aplab (NSE:APLAB) Overvalued in 2026?

Based on GuruFocus' analysis, Aplab stock appears to be overvalued. The current stock price of ₹32.50 is trading 146% above its estimated GF Value™ of ₹13.21.

Key valuation signals for NSE:APLAB:

  • Receivables Turnover: 1.66
  • GF Value™: ₹13.21 vs. price of ₹32.50 (146% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 62.6% below the Industrial Products median (#2173 of 3028)

No single metric tells the full story. See the NSE:APLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aplab Business Description

Other Exchanges 890217:India517096:India
Address Thane Belapur Road, Plot No. 12, TTC Industrial Area, Thane, MH, IND, 400708
Aplab Ltd is an India-based company engaged in the business/operations of manufacture, sale, and servicing of professional electronic equipment. The company's products include uninterruptible power supply (UPS) systems, high-power DC systems, solar energy systems, test & measurement instruments, power supplies, banking & retail automation products, fault locating instruments, laboratory instruments, and design & manufacturer services. It has independent product divisions including test and measurement equipment, power conversion and UPS systems, and self-service terminals for the banking sector.
45GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹32.50
Price
₹13.21
GF Value