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. Ddev Plastiks lndustries's Revenue for the
three
months ended in Mar. 2026 was ₹7,657 Mil. Ddev Plastiks lndustries's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹5,538 Mil.
Hence, Ddev Plastiks lndustries's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.38.
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.
Ddev Plastiks lndustries Receivables Turnover Related Terms
Ddev Plastiks lndustries Receivables Turnover Historical Data
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The historical data trend for Ddev Plastiks lndustries'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:DDEVPLSTIK vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Ddev Plastiks lndustries'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.
Ddev Plastiks lndustries Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ddev Plastiks lndustries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ddev Plastiks lndustries'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.
Ddev Plastiks lndustries (NSE:DDEVPLSTIK) has a Receivables Turnover of 1.38 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 Ddev Plastiks lndustries and its competitors. According to the industry distribution chart, Ddev Plastiks lndustries ranks #695 out of 1575 companies in the Chemicals industry, placing it in the top 44.1%.
Is Ddev Plastiks lndustries' Receivables Turnover too high?
Ddev Plastiks lndustries' current Receivables Turnover is 1.38. The Chemicals industry median Receivables Turnover is 5.56. Ddev Plastiks lndustries' value of 1.38 is 75.2% below this industry median. Based on the distribution chart, Ddev Plastiks lndustries ranks #695 out of 1575 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ddev Plastiks lndustries has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ddev Plastiks lndustries' Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ddev Plastiks lndustries ranks #695 out of 1575 companies for Receivables Turnover. This puts Ddev Plastiks lndustries in the upper half of its industry. The industry median Receivables Turnover is 5.56. Ddev Plastiks lndustries' value of 1.38 is 75.2% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.56, based on 1,575 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. Ddev Plastiks lndustries's current Receivables Turnover of 1.38 is 75.2% 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 Ddev Plastiks lndustries and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ddev Plastiks lndustries's current Receivables Turnover is 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ddev Plastiks lndustries stock overvalued right now?
Based on GuruFocus' analysis, Ddev Plastiks lndustries (NSE:DDEVPLSTIK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹215.90, compared to a current price of ₹284.75 — trading 31.9% above its estimated fair value. The current Receivables Turnover is 1.38 and 75.2% below the Chemicals industry median of 5.56. Ddev Plastiks lndustries' overall GF Score™ is 35/100 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 Ddev Plastiks lndustries (NSE:DDEVPLSTIK), the current Receivables Turnover is 1.38 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 Ddev Plastiks lndustries (NSE:DDEVPLSTIK) Overvalued in 2026?
Based on GuruFocus' analysis, Ddev Plastiks lndustries stock appears to be overvalued.
The current stock price of ₹284.75 is trading 31.9% above its estimated GF Value™ of ₹215.90.
GuruFocus considers Ddev Plastiks lndustries to be Significantly Overvalued.
Key valuation signals for NSE:DDEVPLSTIK:
Receivables Turnover: 1.38
GF Value™: ₹215.90 vs. price of ₹284.75 (31.9% above fair value)
Industry Position: 75.2% below the Chemicals median (#695 of 1575)
No single metric tells the full story. See the NSE:DDEVPLSTIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ddev Plastiks lndustries Ltd is a quality supplier of PVC compounds. Its only segment is the manufacturing and sale of Poly Vinyl Chloride Polyethylene, Antifab, and EP Compound. Geographically, it derives a majority of its revenue from India.
35GF Score
Get the complete analysis for NSE:DDEVPLSTIK
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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