Bhandari Hosiery Exports (NSE:BHANDARI) Receivables Turnover: 0.99 (As of Mar. 2026)

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NSE:BHANDARI Bhandari Hosiery Exports Ltd NSE:BHANDARI
64 GF Score
Price ₹2.87
GF Value ₹2.68
Valuation Fairly Valued
! 3 Warning Signs
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What is Bhandari Hosiery Exports Receivables Turnover?

Bhandari Hosiery Exports NSE:BHANDARI +0.70% 64 Receivables Turnover is 0.99 as of Mar. 2026. GuruFocus rates NSE:BHANDARI with a GF Score™ of 64/100 and a GF Value™ of ₹2.68 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,033 Manufacturing - Apparel & Accessories companies, Bhandari Hosiery Exports ranks worse than 86.74% 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. Bhandari Hosiery Exports's Revenue for the three months ended in Mar. 2026 was ₹900 Mil. Bhandari Hosiery Exports's average Accounts Receivable for the three months ended in Mar. 2026 was ₹914 Mil. Hence, Bhandari Hosiery Exports's Receivables Turnover for the three months ended in Mar. 2026 was 0.99.


Bhandari Hosiery Exports  (NSE:BHANDARI) 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.


Bhandari Hosiery Exports Receivables Turnover Related Terms


Bhandari Hosiery Exports Receivables Turnover Historical Data

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The historical data trend for Bhandari Hosiery Exports'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.

Bhandari Hosiery Exports Receivables Turnover Chart

Bhandari Hosiery Exports 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 4.71 4.12 4.17 3.76 3.11

Bhandari Hosiery Exports 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 1.01 0.71 0.76 0.65 0.99

NSE:BHANDARI vs RL, LEVI, VFC: Receivables Turnover Comparison

For the Apparel Manufacturing subindustry, Bhandari Hosiery Exports'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.


Bhandari Hosiery Exports Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bhandari Hosiery Exports's Receivables Turnover falls into.


NSE:BHANDARI
64GF Score
Bhandari Hosiery Exports Ltd NSE:BHANDARI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhandari Hosiery Exports Receivables Turnover Calculation

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

Bhandari Hosiery Exports'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 )
=2803.373 / ((887.634 + 913.778) / 2 )
=2803.373 / 900.706
=3.11

Bhandari Hosiery Exports'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 )
=900.483 / ((0 + 913.778) / 1 )
=900.483 / 913.778
=0.99

* 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 0.99 mean?
Bhandari Hosiery Exports (NSE:BHANDARI) has a Receivables Turnover of 0.99 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 Bhandari Hosiery Exports and its competitors. According to the industry distribution chart, Bhandari Hosiery Exports ranks #896 out of 1033 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.7%.
Is Bhandari Hosiery Exports' Receivables Turnover too high?
Bhandari Hosiery Exports' current Receivables Turnover is 0.99. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Bhandari Hosiery Exports' value of 0.99 is 85.6% below this industry median. Based on the distribution chart, Bhandari Hosiery Exports ranks #896 out of 1033 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Bhandari Hosiery Exports has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bhandari Hosiery Exports' Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bhandari Hosiery Exports ranks #896 out of 1033 companies for Receivables Turnover. This places Bhandari Hosiery Exports in the lower half of its industry. The industry median Receivables Turnover is 6.89. Bhandari Hosiery Exports' value of 0.99 is 85.6% 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 6.89, 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. Bhandari Hosiery Exports's current Receivables Turnover of 0.99 is 85.6% 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 Bhandari Hosiery Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhandari Hosiery Exports's current Receivables Turnover is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhandari Hosiery Exports stock overvalued right now?
Based on GuruFocus' analysis, Bhandari Hosiery Exports (NSE:BHANDARI) is currently considered Fairly Valued. The stock's GF Value™ is ₹2.68, compared to a current price of ₹2.87 — trading 7.1% above its estimated fair value. The current Receivables Turnover is 0.99 and 85.6% below the Manufacturing - Apparel & Accessories industry median of 6.89. Bhandari Hosiery Exports' overall GF Score™ is 64/100 with 3 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 Bhandari Hosiery Exports (NSE:BHANDARI), the current Receivables Turnover is 0.99 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 Bhandari Hosiery Exports (NSE:BHANDARI) Overvalued in 2026?

Based on GuruFocus' analysis, Bhandari Hosiery Exports stock appears to be overvalued. The current stock price of ₹2.87 is trading 7.1% above its estimated GF Value™ of ₹2.68. GuruFocus considers Bhandari Hosiery Exports to be Fairly Valued.

Key valuation signals for NSE:BHANDARI:

  • Receivables Turnover: 0.99
  • GF Value™: ₹2.68 vs. price of ₹2.87 (7.1% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 85.6% below the Manufacturing - Apparel & Accessories median (#896 of 1033)

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


Bhandari Hosiery Exports Business Description

Other Exchanges 512608:India
Address Rahon Road, Bhandari House, Village Meharban, Ludhiana, PB, IND, 141007
Bhandari Hosiery Exports Ltd is an India-based firm. The company is engaged in the manufacturing and distribution of textiles consisting of fabric and garments. It is engaged in dyeing, knitting, and finishing of fabrics. Its product portfolio includes products like T-shirts, pullovers, sweatshirts, bermudas, polo shirts, tracksuits, pajamas, lowers, ladies, and knitted tops with embroidery and prints. The majority of its revenue is earned from the Indian market, while it is also engaged in the export of knitted hosiery garments.
64GF Score

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

₹2.87
Price
₹2.68
GF Value