Captain Polyplast (NSE:CPL) Receivables Turnover: 0.59 (As of Mar. 2026)

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NSE:CPL Captain Polyplast Ltd NSE:CPL
72 GF Score
Price ₹69.84
GF Value ₹92.41
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Captain Polyplast Receivables Turnover?

Captain Polyplast NSE:CPL 72 Receivables Turnover is 0.59 as of Mar. 2026. GuruFocus rates NSE:CPL with a GF Score™ of 72/100 and a GF Value™ of ₹92.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Captain Polyplast ranks worse than 86.67% 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. Captain Polyplast's Revenue for the three months ended in Mar. 2026 was ₹1,414.72 Mil. Captain Polyplast's average Accounts Receivable for the three months ended in Mar. 2026 was ₹2,410.49 Mil. Hence, Captain Polyplast's Receivables Turnover for the three months ended in Mar. 2026 was 0.59.


Captain Polyplast  (NSE:CPL) 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.


Captain Polyplast Receivables Turnover Related Terms


Captain Polyplast Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Captain Polyplast'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.

Captain Polyplast Receivables Turnover Chart

Captain Polyplast 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 1.65 1.98 1.99 1.58 1.95

Captain Polyplast 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 0.42 0.38 0.38 0.60 0.59

NSE:CPL vs : Receivables Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Captain Polyplast'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.


Captain Polyplast Receivables Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Captain Polyplast's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Captain Polyplast's Receivables Turnover falls into.


NSE:CPL
72GF Score
Captain Polyplast Ltd NSE:CPL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Captain Polyplast Receivables Turnover Calculation

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

Captain Polyplast'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 )
=4172.729 / ((1859.179 + 2410.489) / 2 )
=4172.729 / 2134.834
=1.95

Captain Polyplast'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 )
=1414.718 / ((0 + 2410.489) / 1 )
=1414.718 / 2410.489
=0.59

* 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 0.59 mean?
Captain Polyplast (NSE:CPL) has a Receivables Turnover of 0.59 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 Captain Polyplast and its competitors. According to the industry distribution chart, Captain Polyplast ranks #182 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 86.7%.
Is Captain Polyplast's Receivables Turnover too high?
Captain Polyplast's current Receivables Turnover is 0.59. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 4.97. Captain Polyplast's value of 0.59 is 88.1% below this industry median. Based on the distribution chart, Captain Polyplast ranks #182 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Captain Polyplast has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Captain Polyplast's Receivables Turnover compare to ?
According to the Farm & Heavy Construction Machinery industry distribution chart, Captain Polyplast ranks #182 out of 210 companies for Receivables Turnover. This places Captain Polyplast in the lower half of its industry. The industry median Receivables Turnover is 4.97. Captain Polyplast's value of 0.59 is 88.1% 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 Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 4.97, based on 210 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. Captain Polyplast's current Receivables Turnover of 0.59 is 88.1% 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 Captain Polyplast and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Captain Polyplast's current Receivables Turnover is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Captain Polyplast stock overvalued right now?
Based on GuruFocus' analysis, Captain Polyplast (NSE:CPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹92.41, compared to a current price of ₹69.84 — trading 24.4% below its estimated fair value. The current Receivables Turnover is 0.59 and 88.1% below the Farm & Heavy Construction Machinery industry median of 4.97. Captain Polyplast's overall GF Score™ is 72/100 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 Captain Polyplast (NSE:CPL), the current Receivables Turnover is 0.59 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 Captain Polyplast (NSE:CPL) Overvalued in 2026?

Based on GuruFocus' analysis, Captain Polyplast stock appears to be undervalued. The current stock price of ₹69.84 is trading 24.4% below its estimated GF Value™ of ₹92.41. GuruFocus considers Captain Polyplast to be Modestly Undervalued.

Key valuation signals for NSE:CPL:

  • Receivables Turnover: 0.59
  • GF Value™: ₹92.41 vs. price of ₹69.84 (24.4% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 88.1% below the Farm & Heavy Construction Machinery median (#182 of 210)

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


Captain Polyplast Business Description

Comparable Companies
Other Exchanges 536974:India
Address Survey No. 267, Plot No. 10A, 10B and 11, N.H. No.27, Captain Gate, Shapar - Veraval, Rajkot, GJ, IND, 360 024
Captain Polyplast Ltd is engaged in the business of manufacturing and selling micro-irrigation systems and allied products. The segments include Manufacturing of Micro Irrigation Systems & Allied Products and DCA cum CS of Indian Oil Corporation Ltd. (IOCL) - PolymerBusiness. Its products include Irrigation equipment, including drip irrigation systems, irrigation laterals, valves, irrigation filters, sprinkler irrigation systems, mini sprinkler irrigation systems, greenhouses, and mulch films. The majority of the revenue is from the Manufacturing of Micro Irrigation Systems & Allied Products segment.
72GF Score

Get the complete analysis for NSE:CPL

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

₹69.84
Price
₹92.41
GF Value