Excellent Wires and Packaging (NSE:EXCELLENT) Receivables Turnover: 2.13 (As of Mar. 2026)

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NSE:EXCELLENT Excellent Wires and Packaging Ltd NSE:EXCELLENT
16 GF Score
Price ₹207.00
! 8 Warning Signs
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What is Excellent Wires and Packaging Receivables Turnover?

Excellent Wires and Packaging NSE:EXCELLENT -0.62% 16 Receivables Turnover is 2.13 as of Mar. 2026. GuruFocus rates NSE:EXCELLENT with a GF Score™ of 16/100. The stock has 8 warning signs investors should review. Among 3,028 Industrial Products companies, Excellent Wires and Packaging ranks worse than 53.8% 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. Excellent Wires and Packaging's Revenue for the six months ended in Mar. 2026 was ₹127.2 Mil. Excellent Wires and Packaging's average Accounts Receivable for the six months ended in Mar. 2026 was ₹59.6 Mil. Hence, Excellent Wires and Packaging's Receivables Turnover for the six months ended in Mar. 2026 was 2.13.


Excellent Wires and Packaging  (NSE:EXCELLENT) 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.


Excellent Wires and Packaging Receivables Turnover Related Terms


Excellent Wires and Packaging Receivables Turnover Historical Data

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The historical data trend for Excellent Wires and Packaging'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.

Excellent Wires and Packaging Receivables Turnover Chart

Excellent Wires and Packaging Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
5.44 9.77 7.79 6.76 4.16

Excellent Wires and Packaging Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial 3.67 3.06 2.27 2.09 2.13

NSE:EXCELLENT vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Excellent Wires and Packaging'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.


Excellent Wires and Packaging Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Excellent Wires and Packaging's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Excellent Wires and Packaging's Receivables Turnover falls into.


NSE:EXCELLENT
16GF Score
Excellent Wires and Packaging Ltd NSE:EXCELLENT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Excellent Wires and Packaging Receivables Turnover Calculation

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

Excellent Wires and Packaging'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 )
=226.442 / ((42.324 + 66.5) / 2 )
=226.442 / 54.412
=4.16

Excellent Wires and Packaging'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 )
=127.167 / ((52.684 + 66.5) / 2 )
=127.167 / 59.592
=2.13

* 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 2.13 mean?
Excellent Wires and Packaging (NSE:EXCELLENT) has a Receivables Turnover of 2.13 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 Excellent Wires and Packaging and its competitors. According to the industry distribution chart, Excellent Wires and Packaging ranks #1629 out of 3028 companies in the Industrial Products industry, placing it in the top 53.8%.
Is Excellent Wires and Packaging's Receivables Turnover too high?
Excellent Wires and Packaging's current Receivables Turnover is 2.13. The Industrial Products industry median Receivables Turnover is 4.45. Excellent Wires and Packaging's value of 2.13 is 52.1% below this industry median. Based on the distribution chart, Excellent Wires and Packaging ranks #1629 out of 3028 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Excellent Wires and Packaging has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Excellent Wires and Packaging's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Excellent Wires and Packaging ranks #1629 out of 3028 companies for Receivables Turnover. This places Excellent Wires and Packaging in the lower half of its industry. The industry median Receivables Turnover is 4.45. Excellent Wires and Packaging's value of 2.13 is 52.1% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. Excellent Wires and Packaging's current Receivables Turnover of 2.13 is 52.1% 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 Excellent Wires and Packaging and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excellent Wires and Packaging's current Receivables Turnover is 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excellent Wires and Packaging stock overvalued right now?
Excellent Wires and Packaging (NSE:EXCELLENT) has a current Receivables Turnover of 2.13. The current Receivables Turnover is 2.13 and 52.1% below the Industrial Products industry median of 4.45. Excellent Wires and Packaging's overall GF Score™ is 16/100 with 8 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 Excellent Wires and Packaging (NSE:EXCELLENT), the current Receivables Turnover is 2.13 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.

Excellent Wires and Packaging Business Description

Address Jay Chamundeshwari Industrial Complex, Unit No. 12,13,113 Building 2 S. No. 54, Naikpada, Palghar, Vasai, MH, IND, 401208
Excellent Wires and Packaging Ltd is a manufacturer and exporter of various types of wires, such as Spring Steel Wire, High Carbon Wire, Galvanised Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires and all types & sizes of Wire Ropes made of high carbon or SS Wire With or without PVC Coating for multiple applications under the brand name of Excellent. It also manufactures packaging products like PP Strapping Rolls and BOPP Self-Adhesive Tapes under the brand name of Excellent. The company supplies its products to various industries, viz. Packaging, Engineering, Stationery, Imitation Jewelry, Wires & Cable, etc.
16GF Score

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