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. Aspire and Innovative Advertising's Revenue for the
six
months ended in Mar. 2026 was ₹1,162 Mil. Aspire and Innovative Advertising's average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹344 Mil.
Hence, Aspire and Innovative Advertising's Receivables Turnover for the
six
months ended in Mar. 2026 was 3.38.
Aspire and Innovative Advertising (NSE:ASPIRE) 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.
Aspire and Innovative Advertising Receivables Turnover Related Terms
Aspire and Innovative Advertising Receivables Turnover Historical Data
* 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.
Aspire and Innovative Advertising Receivables Turnover Chart
NSE:ASPIRE vs UPS, FDX, JBHT: Receivables Turnover Comparison
For the Integrated Freight & Logistics subindustry, Aspire and Innovative Advertising'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.
Aspire and Innovative Advertising Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Aspire and Innovative Advertising's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Aspire and Innovative Advertising'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.
Aspire and Innovative Advertising (NSE:ASPIRE) has a Receivables Turnover of 3.38 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 Aspire and Innovative Advertising and its competitors. According to the industry distribution chart, Aspire and Innovative Advertising ranks #869 out of 996 companies in the Transportation industry, placing it in the top 87.2%.
Is Aspire and Innovative Advertising's Receivables Turnover too high?
Aspire and Innovative Advertising's current Receivables Turnover is 3.38. The Transportation industry median Receivables Turnover is 7.70. Aspire and Innovative Advertising's value of 3.38 is 56.1% below this industry median. Based on the distribution chart, Aspire and Innovative Advertising ranks #869 out of 996 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Aspire and Innovative Advertising has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Aspire and Innovative Advertising's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, Aspire and Innovative Advertising ranks #869 out of 996 companies for Receivables Turnover. This places Aspire and Innovative Advertising in the lower half of its industry. The industry median Receivables Turnover is 7.70. Aspire and Innovative Advertising's value of 3.38 is 56.1% 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 7.70, 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. Aspire and Innovative Advertising's current Receivables Turnover of 3.38 is 56.1% 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 Aspire and Innovative Advertising and its competitors. For the Transportation industry, the median Receivables Turnover is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspire and Innovative Advertising's current Receivables Turnover is 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire and Innovative Advertising stock overvalued right now?
Aspire and Innovative Advertising (NSE:ASPIRE) has a current Receivables Turnover of 3.38. The current Receivables Turnover is 3.38 and 56.1% below the Transportation industry median of 7.70. Aspire and Innovative Advertising's overall GF Score™ is 32/100 with 8 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 Aspire and Innovative Advertising (NSE:ASPIRE), the current Receivables Turnover is 3.38 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.
Aspire and Innovative Advertising Business Description
Aspire and Innovative Advertising Ltd is engaged in the trading of a wide range of consumer durables, including kitchen appliances, home appliances, white goods, mobile phones, accessories, and solar products. The company sources products from multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, and many more, and offers them prominently to rural and semi-urban areas across India. Revenue is generated mainly through sales of these consumer durables, supported by a network of intermediaries and distribution centers that facilitate product availability in targeted regions.
32GF Score
Get the complete analysis for NSE:ASPIRE
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ASPIRE has been successfully added to your 