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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. Creative Newtech's Revenue for the
three
months ended in Mar. 2026 was ₹7,400 Mil. Creative Newtech's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹5,651 Mil.
Hence, Creative Newtech's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.31.
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.
Creative Newtech Receivables Turnover Related Terms
Creative Newtech Receivables Turnover Historical Data
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The historical data trend for Creative Newtech'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.
NSE:CNL vs SNX, ARW, AVT: Receivables Turnover Comparison
For the Electronics & Computer Distribution subindustry, Creative Newtech'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.
Creative Newtech Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Creative Newtech's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Creative Newtech'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.
Creative Newtech (NSE:CNL) has a Receivables Turnover of 1.31 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 Creative Newtech and its competitors. According to the industry distribution chart, Creative Newtech ranks #770 out of 2469 companies in the Hardware industry, placing it in the top 31.2%.
Is Creative Newtech's Receivables Turnover too high?
Creative Newtech's current Receivables Turnover is 1.31. The Hardware industry median Receivables Turnover is 4.90. Creative Newtech's value of 1.31 is 73.3% below this industry median. Based on the distribution chart, Creative Newtech ranks #770 out of 2469 companies in the Hardware industry, which is above the industry midpoint. Overall, Creative Newtech has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Creative Newtech's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, Creative Newtech ranks #770 out of 2469 companies for Receivables Turnover. This puts Creative Newtech in the upper half of its industry. The industry median Receivables Turnover is 4.90. Creative Newtech's value of 1.31 is 73.3% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,469 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. Creative Newtech's current Receivables Turnover of 1.31 is 73.3% 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 Creative Newtech and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Creative Newtech's current Receivables Turnover is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Creative Newtech stock overvalued right now?
Based on GuruFocus' analysis, Creative Newtech (NSE:CNL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹970.72, compared to a current price of ₹1,116.85 — trading 15.1% above its estimated fair value. The current Receivables Turnover is 1.31 and 73.3% below the Hardware industry median of 4.90. Creative Newtech's overall GF Score™ is 93/100 with 10 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 Creative Newtech (NSE:CNL), the current Receivables Turnover is 1.31 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 Creative Newtech (NSE:CNL) Overvalued in 2026?
Based on GuruFocus' analysis, Creative Newtech stock appears to be overvalued.
The current stock price of ₹1,116.85 is trading 15.1% above its estimated GF Value™ of ₹970.72.
GuruFocus considers Creative Newtech to be Modestly Overvalued.
Key valuation signals for NSE:CNL:
Receivables Turnover: 1.31
GF Value™: ₹970.72 vs. price of ₹1,116.85 (15.1% above fair value)
Industry Position: 73.3% below the Hardware median (#770 of 2469)
No single metric tells the full story. See the NSE:CNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Creative Newtech Ltd is engaged in the business of distribution of IT products. The company's B2B e-commerce platform caters to various sub-distributors, retailers, and other customers, and serves as a one-stop-shop offering end-to-end solutions. Its operating segment includes Enterprise Business - EB; Fast Moving Social - Media Gadgets - FMSG; Fast Moving Electronics Goods - FMEG and Fast Moving Consumer Technology - FMCT. The company generates maximum revenue from the Enterprise Business (EB) segment which includes high-volume products tailored for enterprise clients. Notable brands in this segment include AOC, Philips, and others. Geographically, it caters to both the Indian and international markets and derives its key revenue from outside India.
93GF Score
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