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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. DIC India's Revenue for the
three
months ended in Mar. 2026 was ₹2,398 Mil. DIC India's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹2,634 Mil.
Hence, DIC India's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.91.
DIC India (NSE:DICIND) 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.
DIC India Receivables Turnover Related Terms
DIC India Receivables Turnover Historical Data
* Premium members only.
The historical data trend for DIC India'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:DICIND vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, DIC India'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.
DIC India Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, DIC India's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where DIC India'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.
DIC India (NSE:DICIND) has a Receivables Turnover of 0.91 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 DIC India and its competitors. According to the industry distribution chart, DIC India ranks #1302 out of 1579 companies in the Chemicals industry, placing it in the top 82.5%.
Is DIC India's Receivables Turnover too high?
DIC India's current Receivables Turnover is 0.91. The Chemicals industry median Receivables Turnover is 5.60. DIC India's value of 0.91 is 83.8% below this industry median. Based on the distribution chart, DIC India ranks #1302 out of 1579 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, DIC India has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DIC India's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, DIC India ranks #1302 out of 1579 companies for Receivables Turnover. This places DIC India in the lower half of its industry. The industry median Receivables Turnover is 5.60. DIC India's value of 0.91 is 83.8% 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 5.60, based on 1,579 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. DIC India's current Receivables Turnover of 0.91 is 83.8% 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 DIC India and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DIC India's current Receivables Turnover is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIC India stock overvalued right now?
Based on GuruFocus' analysis, DIC India (NSE:DICIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹551.20, compared to a current price of ₹514.65 — trading 6.6% below its estimated fair value. The current Receivables Turnover is 0.91 and 83.8% below the Chemicals industry median of 5.60. DIC India's overall GF Score™ is 67/100 with 4 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 DIC India (NSE:DICIND), the current Receivables Turnover is 0.91 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 DIC India (NSE:DICIND) Overvalued in 2026?
Based on GuruFocus' analysis, DIC India stock appears to be undervalued.
The current stock price of ₹514.65 is trading 6.6% below its estimated GF Value™ of ₹551.20.
GuruFocus considers DIC India to be Fairly Valued.
Key valuation signals for NSE:DICIND:
Receivables Turnover: 0.91
GF Value™: ₹551.20 vs. price of ₹514.65 (6.6% below fair value)
Industry Position: 83.8% below the Chemicals median (#1302 of 1579)
No single metric tells the full story. See the NSE:DICIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DIC India Ltd is an Indian company engaged in the business of manufacturing printing inks, which cover newsprint ink, offset ink, and liquid ink used in newspapers, other publications, and the packaging industries. It also provides lamination adhesives. The company's product portfolio comprises gravure printing inks, offset inks, barrier coatings, adhesives, metal deco inks, and specialty inks, among others. Geographically, the company generates the majority of its revenue from the sale of its products in its domestic market, and the rest through exports.
67GF Score
Get the complete analysis for NSE:DICIND
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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