Artedz Fabs (NSE:ARTEDZ) Receivables Turnover: 0.95 (As of Sep. 2018)

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What is Artedz Fabs Receivables Turnover?

Artedz Fabs NSE:ARTEDZ Receivables Turnover is 0.95 as of Sep. 2018.

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. Artedz Fabs's Revenue for the six months ended in Sep. 2018 was ₹366.3 Mil. Artedz Fabs's average Accounts Receivable for the six months ended in Sep. 2018 was ₹384.3 Mil. Hence, Artedz Fabs's Receivables Turnover for the six months ended in Sep. 2018 was 0.95.


Artedz Fabs  (NSE:ARTEDZ) 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.


Artedz Fabs Receivables Turnover Related Terms


Artedz Fabs Receivables Turnover Historical Data

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The historical data trend for Artedz Fabs'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.

Artedz Fabs Receivables Turnover Chart

Artedz Fabs Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Receivables Turnover
3.40 2.66 2.92 3.56 2.45

Artedz Fabs Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18
Receivables Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.95

NSE:ARTEDZ vs : Receivables Turnover Comparison

For the Textile Manufacturing subindustry, Artedz Fabs'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.


Artedz Fabs Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artedz Fabs's Receivables Turnover distribution charts can be found below:

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



Artedz Fabs Receivables Turnover Calculation

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

Artedz Fabs's Receivables Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Receivables Turnover (A: Mar. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2018 ) / ((Accounts Receivable (A: Mar. 2017 ) + Accounts Receivable (A: Mar. 2018 )) / count )
=642.628 / ((187.432 + 337.022) / 2 )
=642.628 / 262.227
=2.45

Artedz Fabs's Receivables Turnover for the quarter that ended in Sep. 2018 is calculated as

Receivables Turnover (Q: Sep. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2018 ) / ((Accounts Receivable (Q: Mar. 2018 ) + Accounts Receivable (Q: Sep. 2018 )) / count )
=366.275 / ((337.022 + 431.58) / 2 )
=366.275 / 384.301
=0.95

* 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 0.95 mean?
Artedz Fabs (NSE:ARTEDZ) has a Receivables Turnover of 0.95 as of Sep. 2018. 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 Artedz Fabs and its competitors.
Is Artedz Fabs' Receivables Turnover too high?
Artedz Fabs' current Receivables Turnover is 0.95. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.86. Artedz Fabs' value of 0.95 is 86.2% below this industry median.
How does Artedz Fabs' Receivables Turnover compare to ?
Artedz Fabs' Receivables Turnover of 0.95 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Receivables Turnover is 6.86. Artedz Fabs' value of 0.95 is 86.2% 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 6.86, based on 1,033 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. Artedz Fabs's current Receivables Turnover of 0.95 is 86.2% 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 Artedz Fabs and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artedz Fabs's current Receivables Turnover is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artedz Fabs stock overvalued right now?
Artedz Fabs (NSE:ARTEDZ) has a current Receivables Turnover of 0.95. The current Receivables Turnover is 0.95 and 86.2% below the Manufacturing - Apparel & Accessories industry median of 6.86. 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 Artedz Fabs (NSE:ARTEDZ), the current Receivables Turnover is 0.95 as of Sep. 2018. 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.

Artedz Fabs Business Description

Comparable Companies
Address Off Aarey Road, 206, Gambhir Industrial Estate, Opposite Paramount Print, Hanuman Tekdi, Mumbai, MH, IND, 400063
Artedz Fabs Ltd is a leading manufacturer of cotton yarn dyed fabrics in India. The portfolio encompasses manufacturing of premium quality apparel fabrics for men's clothing by producing various fabric blends and selling directly to manufacturers, retailers and global brands. Besides the regular cotton qualities, it also deals in fancy yarns like slubs, blended yarns like tensil linens, cotton modals, cotton linens and lycra.