Australian Premium Solar (India) (NSE:APS) Receivables Turnover: 14.80 (As of Mar. 2025)

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NSE:APS Australian Premium Solar (India) Ltd NSE:APS
18 GF Score
Price ₹277.70
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What is Australian Premium Solar (India) Receivables Turnover?

Australian Premium Solar (India) NSE:APS -0.56% 18 Receivables Turnover is 14.80 as of Mar. 2025. GuruFocus rates NSE:APS with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 1,018 Semiconductors companies, Australian Premium Solar (India) ranks better than 93.22% 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. Australian Premium Solar (India)'s Revenue for the six months ended in Mar. 2025 was ₹4,389 Mil. Australian Premium Solar (India)'s average Accounts Receivable for the six months ended in Mar. 2025 was ₹296 Mil. Hence, Australian Premium Solar (India)'s Receivables Turnover for the six months ended in Mar. 2025 was 14.80.


Australian Premium Solar (India)  (NSE:APS) 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.


Australian Premium Solar (India) Receivables Turnover Related Terms


Australian Premium Solar (India) Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Australian Premium Solar (India)'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.

Australian Premium Solar (India) Receivables Turnover Chart

Australian Premium Solar (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
26.90 35.04 15.06 11.43 14.80

Australian Premium Solar (India) Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover 26.90 35.04 15.06 11.43 14.80

NSE:APS vs FSLR, NXT, ENPH: Receivables Turnover Comparison

For the Solar subindustry, Australian Premium Solar (India)'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.


Australian Premium Solar (India) Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Australian Premium Solar (India)'s Receivables Turnover falls into.


NSE:APS
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Australian Premium Solar (India) Ltd NSE:APS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Australian Premium Solar (India) Receivables Turnover Calculation

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

Australian Premium Solar (India)'s Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=4388.774 / ((164.661 + 428.297) / 2 )
=4388.774 / 296.479
=14.80

Australian Premium Solar (India)'s Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=4388.774 / ((164.661 + 428.297) / 2 )
=4388.774 / 296.479
=14.80

* 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 14.80 mean?
Australian Premium Solar (India) (NSE:APS) has a Receivables Turnover of 14.80 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 Australian Premium Solar (India) and its competitors. According to the industry distribution chart, Australian Premium Solar (India) ranks #69 out of 1018 companies in the Semiconductors industry, placing it in the top 6.8%.
Is Australian Premium Solar (India)'s Receivables Turnover too high?
Australian Premium Solar (India)'s current Receivables Turnover is 14.80. The Semiconductors industry median Receivables Turnover is 5.82. Australian Premium Solar (India)'s value of 14.80 is 154.5% above this industry median. Based on the distribution chart, Australian Premium Solar (India) ranks #69 out of 1018 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Australian Premium Solar (India) has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Australian Premium Solar (India)'s Receivables Turnover compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Australian Premium Solar (India) ranks #69 out of 1018 companies for Receivables Turnover. This places Australian Premium Solar (India) in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.82. Australian Premium Solar (India)'s value of 14.80 is 154.5% above 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. Australian Premium Solar (India)'s current Receivables Turnover of 14.80 is 154.5% above 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 Australian Premium Solar (India) and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Premium Solar (India)'s current Receivables Turnover is 14.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Premium Solar (India) stock overvalued right now?
Australian Premium Solar (India) (NSE:APS) has a current Receivables Turnover of 14.80. The current Receivables Turnover is 14.80 and 154.5% above the Semiconductors industry median of 5.82. Australian Premium Solar (India)'s overall GF Score™ is 18/100 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 Australian Premium Solar (India) (NSE:APS), the current Receivables Turnover is 14.80 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.

Australian Premium Solar (India) Business Description

Address Science City Road, 301, 3rd floor, Satyamev Eminence, Nr. Shukan Mall, Ahmedabad, GJ, IND, 380060
Australian Premium Solar (India) Ltd is engaged in the manufacturing of solar panels and EPC services for solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) N-Type TopCon. It also provides installation services for solar panels and solar pumps. The majority of the revenue is generated from the manufacturing of solar panels.
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