AVSL Industries (NSE:AVSL) Receivables Turnover: 1.83 (As of Mar. 2026)

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NSE:AVSL AVSL Industries Ltd NSE:AVSL
71 GF Score
Price ₹119.70
GF Value ₹165.84
Valuation Modestly Undervalued
! 4 Warning Signs
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What is AVSL Industries Receivables Turnover?

AVSL Industries NSE:AVSL 71 Receivables Turnover is 1.83 as of Mar. 2026. GuruFocus rates NSE:AVSL with a GF Score™ of 71/100 and a GF Value™ of ₹165.84 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 543 Conglomerates companies, AVSL Industries ranks worse than 76.61% 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. AVSL Industries's Revenue for the six months ended in Mar. 2026 was ₹733 Mil. AVSL Industries's average Accounts Receivable for the six months ended in Mar. 2026 was ₹400 Mil. Hence, AVSL Industries's Receivables Turnover for the six months ended in Mar. 2026 was 1.83.


AVSL Industries  (NSE:AVSL) 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.


AVSL Industries Receivables Turnover Related Terms


AVSL Industries Receivables Turnover Historical Data

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The historical data trend for AVSL Industries'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.

AVSL Industries Receivables Turnover Chart

AVSL Industries 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 3.61 3.88 4.37 3.76 4.07

AVSL Industries Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.21 1.82 1.89 1.94 1.83

NSE:AVSL vs HON, MMM: Receivables Turnover Comparison

For the Conglomerates subindustry, AVSL Industries'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.


AVSL Industries Receivables Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, AVSL Industries's Receivables Turnover distribution charts can be found below:

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


NSE:AVSL
71GF Score
AVSL Industries Ltd NSE:AVSL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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AVSL Industries Receivables Turnover Calculation

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

AVSL Industries'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 )
=1500.979 / ((363.732 + 373.713) / 2 )
=1500.979 / 368.7225
=4.07

AVSL Industries'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=733.186 / ((426.866 + 373.713) / 2 )
=733.186 / 400.2895
=1.83

* 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 1.83 mean?
AVSL Industries (NSE:AVSL) has a Receivables Turnover of 1.83 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 AVSL Industries and its competitors. According to the industry distribution chart, AVSL Industries ranks #416 out of 543 companies in the Conglomerates industry, placing it in the top 76.6%.
Is AVSL Industries' Receivables Turnover too high?
AVSL Industries' current Receivables Turnover is 1.83. The Conglomerates industry median Receivables Turnover is 6.31. AVSL Industries' value of 1.83 is 71% below this industry median. Based on the distribution chart, AVSL Industries ranks #416 out of 543 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, AVSL Industries has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AVSL Industries' Receivables Turnover compare to HON and MMM?
According to the Conglomerates industry distribution chart, AVSL Industries ranks #416 out of 543 companies for Receivables Turnover. This places AVSL Industries in the lower half of its industry. The industry median Receivables Turnover is 6.31. AVSL Industries' value of 1.83 is 71% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 543 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. AVSL Industries's current Receivables Turnover of 1.83 is 71% 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 AVSL Industries and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVSL Industries's current Receivables Turnover is 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVSL Industries stock overvalued right now?
Based on GuruFocus' analysis, AVSL Industries (NSE:AVSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹165.84, compared to a current price of ₹119.70 — trading 27.8% below its estimated fair value. The current Receivables Turnover is 1.83 and 71% below the Conglomerates industry median of 6.31. AVSL Industries' overall GF Score™ is 71/100 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 AVSL Industries (NSE:AVSL), the current Receivables Turnover is 1.83 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 AVSL Industries (NSE:AVSL) Overvalued in 2026?

Based on GuruFocus' analysis, AVSL Industries stock appears to be undervalued. The current stock price of ₹119.70 is trading 27.8% below its estimated GF Value™ of ₹165.84. GuruFocus considers AVSL Industries to be Modestly Undervalued.

Key valuation signals for NSE:AVSL:

  • Receivables Turnover: 1.83
  • GF Value™: ₹165.84 vs. price of ₹119.70 (27.8% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 71% below the Conglomerates median (#416 of 543)

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


AVSL Industries Business Description

Address Wazirpur District Centre, Unit No. 1001, 10th Floor, NDM-2, Netaji Subhash Place, Pitampura, Delhi, IND, 110034
AVSL Industries Ltd is engaged in the manufacturing and trading of PVC and Agriproducts. Its PVC products include PVC Compound, HDPE/LDPE Compound, PVC Filler, and HDPE/LDPE Tape, Polyester Tape and similar product, Aluminium Mylar tape, Marking tapes (used in cable wires as well as irrigation pipes) and others. The Company segment divided into three categories: Industrial Intermediate Goods - Raw Material for HT-LT Power Cable and Telecom Cables and irrigation products; Consumer Goods- Manufacturing of PVC/PP: Foam Board and Doors Frame and Others includes Agro commodities.
71GF Score

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

₹119.70
Price
₹165.84
GF Value