CLC Industries (NSE:CLCIND) Receivables Turnover: 7.34 (As of Mar. 2026)

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NSE:CLCIND CLC Industries Ltd NSE:CLCIND
15 GF Score
Price ₹54.05
! 1 Warning Sign
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What is CLC Industries Receivables Turnover?

CLC Industries NSE:CLCIND 15 Receivables Turnover is 7.34 as of Mar. 2026. GuruFocus rates NSE:CLCIND with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, CLC Industries ranks better than 94.67% 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. CLC Industries's Revenue for the three months ended in Mar. 2026 was ₹443 Mil. CLC Industries's average Accounts Receivable for the three months ended in Mar. 2026 was ₹60 Mil. Hence, CLC Industries's Receivables Turnover for the three months ended in Mar. 2026 was 7.34.


CLC Industries  (NSE:CLCIND) 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.


CLC Industries Receivables Turnover Related Terms


CLC Industries Receivables Turnover Historical Data

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The historical data trend for CLC 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.

CLC Industries Receivables Turnover Chart

CLC Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.97 29.57

CLC Industries Quarterly Data
Mar18 Jun18 Sep18 Mar19 Jun19 Sep19 Mar22 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 2.68 8.09 14.23 2.96 7.34

NSE:CLCIND vs AIN: Receivables Turnover Comparison

For the Textile Manufacturing subindustry, CLC 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.


CLC Industries Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:CLCIND
15GF Score
CLC Industries Ltd NSE:CLCIND
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CLC Industries Receivables Turnover Calculation

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

CLC 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 )
=3958.115 / ((207.275 + 60.457) / 2 )
=3958.115 / 133.866
=29.57

CLC 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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=443.457 / ((0 + 60.457) / 1 )
=443.457 / 60.457
=7.34

* 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 7.34 mean?
CLC Industries (NSE:CLCIND) has a Receivables Turnover of 7.34 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 CLC Industries and its competitors. According to the industry distribution chart, CLC Industries ranks #55 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.3%.
Is CLC Industries' Receivables Turnover too high?
CLC Industries' current Receivables Turnover is 7.34. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. CLC Industries' value of 7.34 is 5.8% above this industry median. Based on the distribution chart, CLC Industries ranks #55 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, CLC Industries has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does CLC Industries' Receivables Turnover compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, CLC Industries ranks #55 out of 1032 companies for Receivables Turnover. This places CLC Industries in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.94. CLC Industries' value of 7.34 is 5.8% above 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 6.94, based on 1,032 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. CLC Industries's current Receivables Turnover of 7.34 is 5.8% above 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 CLC Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CLC Industries's current Receivables Turnover is 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CLC Industries stock overvalued right now?
CLC Industries (NSE:CLCIND) has a current Receivables Turnover of 7.34. The current Receivables Turnover is 7.34 and 5.8% above the Manufacturing - Apparel & Accessories industry median of 6.94. CLC Industries' 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 CLC Industries (NSE:CLCIND), the current Receivables Turnover is 7.34 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.

CLC Industries Business Description

Other Exchanges 521082:India
Address A-60, Okhla Industrial Area, Phase - II, New Delhi, IND, 110020
CLC Industries Ltd is a textile company based in India. It manufactures cotton yarn, synthetic yarn cotton, and blended yarn. The products of the company include hosiery yarn, weaving yarn, carpet yarn, sewing thread, flat knitting, and industrial yarn. The business segments of the company are the manufacturing of Cotton yarn and related activities. The majority of the revenue is generated from the textile manufacturing segment of the company. The company operates in India and internationally and derives its key revenue from India.
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