Bannari Amman Spinning Mills (NSE:BASML) Receivables Turnover: 1.33 (As of Mar. 2026)


NSE:BASML Bannari Amman Spinning Mills Ltd NSE:BASML
72 GF Score
Price ₹26.41
GF Value ₹33.26
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bannari Amman Spinning Mills Receivables Turnover?

Bannari Amman Spinning Mills NSE:BASML +3.81% 72 Receivables Turnover is 1.33 as of Mar. 2026. GuruFocus rates NSE:BASML with a GF Score™ of 72/100 and a GF Value™ of ₹33.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,029 Manufacturing - Apparel & Accessories companies, Bannari Amman Spinning Mills ranks worse than 63.65% 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. Bannari Amman Spinning Mills's Revenue for the three months ended in Mar. 2026 was ₹2,207 Mil. Bannari Amman Spinning Mills's average Accounts Receivable for the three months ended in Mar. 2026 was ₹1,661 Mil. Hence, Bannari Amman Spinning Mills's Receivables Turnover for the three months ended in Mar. 2026 was 1.33.


Bannari Amman Spinning Mills  (NSE:BASML) 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.


Bannari Amman Spinning Mills Receivables Turnover Related Terms


Bannari Amman Spinning Mills Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bannari Amman Spinning Mills'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.

Bannari Amman Spinning Mills Receivables Turnover Chart

Bannari Amman Spinning Mills 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 9.32 5.70 5.35 5.50 5.41

Bannari Amman Spinning Mills Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.45 1.40 1.64 1.47 1.33

Bannari Amman Spinning Mills Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Bannari Amman Spinning Mills'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.


Bannari Amman Spinning Mills Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bannari Amman Spinning Mills's Receivables Turnover falls into.


NSE:BASML
72GF Score
Bannari Amman Spinning Mills Ltd NSE:BASML
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bannari Amman Spinning Mills Receivables Turnover Calculation

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

Bannari Amman Spinning Mills'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 )
=8703.24 / ((1554.39 + 1661.368) / 2 )
=8703.24 / 1607.879
=5.41

Bannari Amman Spinning Mills'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=2207.106 / ((0 + 1661.368) / 1 )
=2207.106 / 1661.368
=1.33

* 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 1.33 mean?
Bannari Amman Spinning Mills (NSE:BASML) has a Receivables Turnover of 1.33 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 Bannari Amman Spinning Mills and its competitors. According to the industry distribution chart, Bannari Amman Spinning Mills ranks #655 out of 1029 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63.7%.
Is Bannari Amman Spinning Mills' Receivables Turnover too high?
Bannari Amman Spinning Mills' current Receivables Turnover is 1.33. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.98. Bannari Amman Spinning Mills' value of 1.33 is 80.9% below this industry median. Based on the distribution chart, Bannari Amman Spinning Mills ranks #655 out of 1029 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bannari Amman Spinning Mills has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bannari Amman Spinning Mills' Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bannari Amman Spinning Mills ranks #655 out of 1029 companies for Receivables Turnover. This places Bannari Amman Spinning Mills in the lower half of its industry. The industry median Receivables Turnover is 6.98. Bannari Amman Spinning Mills' value of 1.33 is 80.9% 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 6.98, based on 1,029 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. Bannari Amman Spinning Mills's current Receivables Turnover of 1.33 is 80.9% 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 Bannari Amman Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bannari Amman Spinning Mills's current Receivables Turnover is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bannari Amman Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Bannari Amman Spinning Mills (NSE:BASML) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.26, compared to a current price of ₹26.41 — trading 20.6% below its estimated fair value. The current Receivables Turnover is 1.33 and 80.9% below the Manufacturing - Apparel & Accessories industry median of 6.98. Bannari Amman Spinning Mills' overall GF Score™ is 72/100 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 Bannari Amman Spinning Mills (NSE:BASML), the current Receivables Turnover is 1.33 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 Bannari Amman Spinning Mills (NSE:BASML) Overvalued in 2026?

Based on GuruFocus' analysis, Bannari Amman Spinning Mills stock appears to be undervalued. The current stock price of ₹26.41 is trading 20.6% below its estimated GF Value™ of ₹33.26. GuruFocus considers Bannari Amman Spinning Mills to be Modestly Undervalued.

Key valuation signals for NSE:BASML:

  • Receivables Turnover: 1.33
  • GF Value™: ₹33.26 vs. price of ₹26.41 (20.6% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 80.9% below the Manufacturing - Apparel & Accessories median (#655 of 1029)

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


Bannari Amman Spinning Mills Business Description

Other Exchanges 532674:India
Address 252, Mettupalayam Road, Coimbatore, TN, IND, 641 043
Bannari Amman Spinning Mills Ltd is an integrated textile company engaged in the manufacture of cotton yarn, knitted & woven fabrics, processing of fabrics, finished garments, home textiles, and wind power generation. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Home Textiles, and Windmills. It has one reportable segment as Textile. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.
72GF Score

Get the complete analysis for NSE:BASML

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

₹26.41
Price
₹33.26
GF Value