Exide Industries (NSE:EXIDEIND) Receivables Turnover: 3.01 (As of Mar. 2026)

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NSE:EXIDEIND Exide Industries Ltd NSE:EXIDEIND
86 GF Score
Price ₹435.20
GF Value ₹392.72
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Exide Industries Receivables Turnover?

Exide Industries NSE:EXIDEIND +3.30% 86 Receivables Turnover is 3.01 as of Mar. 2026. GuruFocus rates NSE:EXIDEIND with a GF Score™ of 86/100 and a GF Value™ of ₹392.72 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Exide Industries ranks better than 79.85% 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. Exide Industries's Revenue for the three months ended in Mar. 2026 was ₹47,351 Mil. Exide Industries's average Accounts Receivable for the three months ended in Mar. 2026 was ₹15,748 Mil. Hence, Exide Industries's Receivables Turnover for the three months ended in Mar. 2026 was 3.01.


Exide Industries  (NSE:EXIDEIND) 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.


Exide Industries Receivables Turnover Related Terms


Exide Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Exide Industries'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.

Exide Industries Receivables Turnover Chart

Exide Industries 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 11.69 12.87 12.77 11.17 10.98

Exide Industries 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 2.57 2.78 2.85 2.74 3.01

NSE:EXIDEIND vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Exide Industries'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.


Exide Industries Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Exide Industries's Receivables Turnover distribution charts can be found below:

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


NSE:EXIDEIND
86GF Score
Exide Industries Ltd NSE:EXIDEIND
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Exide Industries Receivables Turnover Calculation

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

Exide Industries'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 )
=179079.9 / ((16863.9 + 15748.1) / 2 )
=179079.9 / 16306
=10.98

Exide Industries'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 )
=47351.3 / ((0 + 15748.1) / 1 )
=47351.3 / 15748.1
=3.01

* 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 3.01 mean?
Exide Industries (NSE:EXIDEIND) has a Receivables Turnover of 3.01 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 Exide Industries and its competitors. According to the industry distribution chart, Exide Industries ranks #265 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 20.2%.
Is Exide Industries' Receivables Turnover too high?
Exide Industries' current Receivables Turnover is 3.01. The Vehicles & Parts industry median Receivables Turnover is 5.99. Exide Industries' value of 3.01 is 49.7% below this industry median. Based on the distribution chart, Exide Industries ranks #265 out of 1315 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Exide Industries has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exide Industries' Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Exide Industries ranks #265 out of 1315 companies for Receivables Turnover. This places Exide Industries in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.99. Exide Industries' value of 3.01 is 49.7% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Exide Industries's current Receivables Turnover of 3.01 is 49.7% 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 Exide Industries and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exide Industries's current Receivables Turnover is 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exide Industries stock overvalued right now?
Based on GuruFocus' analysis, Exide Industries (NSE:EXIDEIND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹392.72, compared to a current price of ₹435.20 — trading 10.8% above its estimated fair value. The current Receivables Turnover is 3.01 and 49.7% below the Vehicles & Parts industry median of 5.99. Exide Industries' overall GF Score™ is 86/100 with 9 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 Exide Industries (NSE:EXIDEIND), the current Receivables Turnover is 3.01 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 Exide Industries (NSE:EXIDEIND) Overvalued in 2026?

Based on GuruFocus' analysis, Exide Industries stock appears to be overvalued. The current stock price of ₹435.20 is trading 10.8% above its estimated GF Value™ of ₹392.72. GuruFocus considers Exide Industries to be Modestly Overvalued.

Key valuation signals for NSE:EXIDEIND:

  • Receivables Turnover: 3.01
  • GF Value™: ₹392.72 vs. price of ₹435.20 (10.8% above fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 49.7% below the Vehicles & Parts median (#265 of 1315)

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


Exide Industries Business Description

Other Exchanges 500086:India
Address 59E, Chowringhee Road, Exide House, Kolkata, WB, IND, 700 020
Exide Industries Ltd is mainly engaged in the manufacturing of Storage Batteries and allied products in India. The company's products are Four Wheeler Batteries, Three Wheeler Batteries, Two Wheeler Batteries, E-Rickshaw Batteries, INVERTER SYSTEMS, Inverter Batteries, Institutional UPS Batteries, GENSET BATTERIES, Exide's Solar Portfolio, INFRASTRUCTURE BATTERIES, Battery Energy Storage Solution, SUBMARINE BATTERIES, etc. The Company has identified two operating segments viz, Automotive and Industrial. The two operating segments have been aggregated as single operating segment of storage batteries and allied products. The The Company mainly operates in India and also generates majority of revenue from India followed by Overseas.
86GF Score

Get the complete analysis for NSE:EXIDEIND

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

₹435.20
Price
₹392.72
GF Value