Dhariwalcorp (NSE:DHARIWAL) Receivables Turnover: 8.82 (As of Mar. 2026)

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NSE:DHARIWAL Dhariwalcorp Ltd NSE:DHARIWAL
17 GF Score
Price ₹22.70
! 5 Warning Signs
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What is Dhariwalcorp Receivables Turnover?

Dhariwalcorp NSE:DHARIWAL +4.85% 17 Receivables Turnover is 8.82 as of Mar. 2026. GuruFocus rates NSE:DHARIWAL with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 1,582 Chemicals companies, Dhariwalcorp ranks better than 90.27% 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. Dhariwalcorp's Revenue for the six months ended in Mar. 2026 was ₹1,177 Mil. Dhariwalcorp's average Accounts Receivable for the six months ended in Mar. 2026 was ₹133 Mil. Hence, Dhariwalcorp's Receivables Turnover for the six months ended in Mar. 2026 was 8.82.


Dhariwalcorp  (NSE:DHARIWAL) 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.


Dhariwalcorp Receivables Turnover Related Terms


Dhariwalcorp Receivables Turnover Historical Data

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The historical data trend for Dhariwalcorp'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.

Dhariwalcorp Receivables Turnover Chart

Dhariwalcorp Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
18.35 19.66 24.33 18.93 16.73

Dhariwalcorp Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial 0.00 15.57 6.68 7.35 8.82

NSE:DHARIWAL vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Dhariwalcorp'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.


Dhariwalcorp Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dhariwalcorp's Receivables Turnover distribution charts can be found below:

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


NSE:DHARIWAL
17GF Score
Dhariwalcorp Ltd NSE:DHARIWAL
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Dhariwalcorp Receivables Turnover Calculation

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

Dhariwalcorp'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 )
=2364.036 / ((169.406 + 113.282) / 2 )
=2364.036 / 141.344
=16.73

Dhariwalcorp'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1177.391 / ((153.685 + 113.282) / 2 )
=1177.391 / 133.4835
=8.82

* 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 8.82 mean?
Dhariwalcorp (NSE:DHARIWAL) has a Receivables Turnover of 8.82 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 Dhariwalcorp and its competitors. According to the industry distribution chart, Dhariwalcorp ranks #154 out of 1582 companies in the Chemicals industry, placing it in the top 9.7%.
Is Dhariwalcorp's Receivables Turnover too high?
Dhariwalcorp's current Receivables Turnover is 8.82. The Chemicals industry median Receivables Turnover is 5.76. Dhariwalcorp's value of 8.82 is 53.1% above this industry median. Based on the distribution chart, Dhariwalcorp ranks #154 out of 1582 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Dhariwalcorp has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Dhariwalcorp's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dhariwalcorp ranks #154 out of 1582 companies for Receivables Turnover. This places Dhariwalcorp in the top 10% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.76. Dhariwalcorp's value of 8.82 is 53.1% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.76, based on 1,582 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. Dhariwalcorp's current Receivables Turnover of 8.82 is 53.1% 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 Dhariwalcorp and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhariwalcorp's current Receivables Turnover is 8.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhariwalcorp stock overvalued right now?
Dhariwalcorp (NSE:DHARIWAL) has a current Receivables Turnover of 8.82. The current Receivables Turnover is 8.82 and 53.1% above the Chemicals industry median of 5.76. Dhariwalcorp's overall GF Score™ is 17/100 with 5 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 Dhariwalcorp (NSE:DHARIWAL), the current Receivables Turnover is 8.82 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.

Dhariwalcorp Business Description

Address Pal Link Road, 36, Narayan Nagar, Shobhawaton ki dhani, Jodhpur, RJ, IND, 342001
Dhariwalcorp Ltd is engaged in the business of trading of a comprehensive range of waxes, industrial chemicals, and petroleum jelly. The company is involved in processing, purchasing, selling, importing, and trading various types of wax, including Paraffin Wax, Micro Wax, Slack Wax, Carnauba Wax, Microcrystalline Waxes, Semi Refined Paraffin Wax, Yellow Beeswax, Hydrocarbon Wax, Montan Wax, Polyethylene Wax, Vegetable Wax, Residue Wax, Palm Wax, BN Micro Wax, Hydrogenated Palm Wax, Micro Slack Wax, PE Wax, Soya Wax, etc. Additionally, the Company trades in industrial chemicals such as Rubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid, and Petroleum Jelly, including Paraffin Petroleum Jelly and White Petroleum Jelly.
17GF Score

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