Ashapura Logistics (NSE:ASHALOG) Receivables Turnover: 1.57 (As of Mar. 2025)


NSE:ASHALOG Ashapura Logistics Ltd NSE:ASHALOG
17 GF Score
Price ₹51.00
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What is Ashapura Logistics Receivables Turnover?

Ashapura Logistics NSE:ASHALOG +0.79% 17 Receivables Turnover is 1.57 as of Mar. 2025. GuruFocus rates NSE:ASHALOG with a GF Score™ of 17/100.

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. Ashapura Logistics's Revenue for the six months ended in Mar. 2025 was ₹1,374 Mil. Ashapura Logistics's average Accounts Receivable for the six months ended in Mar. 2025 was ₹877 Mil. Hence, Ashapura Logistics's Receivables Turnover for the six months ended in Mar. 2025 was 1.57.


Ashapura Logistics  (NSE:ASHALOG) 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.


Ashapura Logistics Receivables Turnover Related Terms


Ashapura Logistics Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ashapura Logistics'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.

Ashapura Logistics Receivables Turnover Chart

Ashapura Logistics Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
2.67 3.40 3.65 3.14 2.80

Ashapura Logistics Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Receivables Turnover Get a 7-Day Free Trial 0.00 1.63 1.52 1.23 1.57

NSE:ASHALOG vs FDX, UPS, JBHT: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, Ashapura Logistics'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.


Ashapura Logistics Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Ashapura Logistics's Receivables Turnover distribution charts can be found below:

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


NSE:ASHALOG
17GF Score
Ashapura Logistics Ltd NSE:ASHALOG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashapura Logistics Receivables Turnover Calculation

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

Ashapura Logistics'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 )
=2309.664 / ((706.138 + 940.856) / 2 )
=2309.664 / 823.497
=2.80

Ashapura Logistics'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: Sep. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=1374.15 / ((813.752 + 940.856) / 2 )
=1374.15 / 877.304
=1.57

* 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 1.57 mean?
Ashapura Logistics (NSE:ASHALOG) has a Receivables Turnover of 1.57 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 Ashapura Logistics and its competitors.
Is Ashapura Logistics' Receivables Turnover too high?
Ashapura Logistics' current Receivables Turnover is 1.57. The Transportation industry median Receivables Turnover is 7.64. Ashapura Logistics' value of 1.57 is 79.5% below this industry median. Overall, Ashapura Logistics has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ashapura Logistics' Receivables Turnover compare to FDX and UPS?
Ashapura Logistics' Receivables Turnover of 1.57 can be compared against companies in the Transportation industry. The industry median Receivables Turnover is 7.64. Ashapura Logistics' value of 1.57 is 79.5% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.64, based on 996 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. Ashapura Logistics's current Receivables Turnover of 1.57 is 79.5% 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 Ashapura Logistics and its competitors. For the Transportation industry, the median Receivables Turnover is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapura Logistics's current Receivables Turnover is 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapura Logistics stock overvalued right now?
Ashapura Logistics (NSE:ASHALOG) has a current Receivables Turnover of 1.57. The current Receivables Turnover is 1.57 and 79.5% below the Transportation industry median of 7.64. Ashapura Logistics' overall GF Score™ is 17/100. 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 Ashapura Logistics (NSE:ASHALOG), the current Receivables Turnover is 1.57 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.

Ashapura Logistics Business Description

Address S.G. Highway, B-902 Shapath Hexa, Opposite High Court, Sola, Ahmedabad, GJ, IND, 380060
Ashapura Logistics Ltd is an integrated logistics company in India. It operates in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (3PL)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). The transportation business segment generated key revenue for the company.
17GF Score

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