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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. Classic Electrodes (India)'s Revenue for the
six
months ended in Mar. 2026 was ₹1,208 Mil. Classic Electrodes (India)'s average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹438 Mil.
Hence, Classic Electrodes (India)'s Receivables Turnover for the
six
months ended in Mar. 2026 was 2.76.
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.
Classic Electrodes (India) Receivables Turnover Related Terms
Classic Electrodes (India) 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.
NSE:CLASSICEIL vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'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.
Classic Electrodes (India) Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Classic Electrodes (India)'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.
Classic Electrodes (India) (NSE:CLASSICEIL) has a Receivables Turnover of 2.76 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 Classic Electrodes (India) and its competitors. According to the industry distribution chart, Classic Electrodes (India) ranks #1033 out of 3028 companies in the Industrial Products industry, placing it in the top 34.1%.
Is Classic Electrodes (India)'s Receivables Turnover too high?
Classic Electrodes (India)'s current Receivables Turnover is 2.76. The Industrial Products industry median Receivables Turnover is 4.45. Classic Electrodes (India)'s value of 2.76 is 38% below this industry median. Based on the distribution chart, Classic Electrodes (India) ranks #1033 out of 3028 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #1033 out of 3028 companies for Receivables Turnover. This puts Classic Electrodes (India) in the upper half of its industry. The industry median Receivables Turnover is 4.45. Classic Electrodes (India)'s value of 2.76 is 38% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. Classic Electrodes (India)'s current Receivables Turnover of 2.76 is 38% 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 Classic Electrodes (India) and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Receivables Turnover is 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Receivables Turnover of 2.76. The current Receivables Turnover is 2.76 and 38% below the Industrial Products industry median of 4.45. Classic Electrodes (India)'s overall GF Score™ is 15/100 with 1 warning sign 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Receivables Turnover is 2.76 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.
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
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