Finolex Cables (NSE:FINCABLES) Receivables Turnover: 5.44 (As of Jun. 2026)

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NSE:FINCABLES Finolex Cables Ltd NSE:FINCABLES
96 GF Score
Price ₹1,246.85
GF Value ₹1,305.19
Valuation Fairly Valued
! 9 Warning Signs
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What is Finolex Cables Receivables Turnover?

Finolex Cables NSE:FINCABLES -0.20% 96 Receivables Turnover is 5.44 as of Jun. 2026. GuruFocus rates NSE:FINCABLES with a GF Score™ of 96/100 and a GF Value™ of ₹1,305.19 (Fairly Valued). The stock has 9 warning signs investors should review. Among 3,034 Industrial Products companies, Finolex Cables ranks better than 98.55% 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. Finolex Cables's Revenue for the three months ended in Jun. 2026 was ₹20,132 Mil. Finolex Cables's average Accounts Receivable for the three months ended in Jun. 2026 was ₹3,701 Mil. Hence, Finolex Cables's Receivables Turnover for the three months ended in Jun. 2026 was 5.44.


Finolex Cables  (NSE:FINCABLES) 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.


Finolex Cables Receivables Turnover Related Terms


Finolex Cables Receivables Turnover Historical Data

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The historical data trend for Finolex Cables'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.

Finolex Cables Receivables Turnover Chart

Finolex Cables 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 20.91 22.34 24.98 25.33 20.64

Finolex Cables Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.75 6.02 6.99 5.27 5.44

NSE:FINCABLES vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Finolex Cables'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.


Finolex Cables Receivables Turnover vs Industrial Products Industry

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

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


NSE:FINCABLES
96GF Score
Finolex Cables Ltd NSE:FINCABLES
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Finolex Cables Receivables Turnover Calculation

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

Finolex Cables'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 )
=63210.1 / ((2425.6 + 3700.8) / 2 )
=63210.1 / 3063.2
=20.64

Finolex Cables's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=20131.5 / ((3700.8 + 0) / 1 )
=20131.5 / 3700.8
=5.44

* 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 5.44 mean?
Finolex Cables (NSE:FINCABLES) has a Receivables Turnover of 5.44 as of Jun. 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 Finolex Cables and its competitors. According to the industry distribution chart, Finolex Cables ranks #44 out of 3034 companies in the Industrial Products industry, placing it in the top 1.5%.
Is Finolex Cables' Receivables Turnover too high?
Finolex Cables' current Receivables Turnover is 5.44. The Industrial Products industry median Receivables Turnover is 4.50. Finolex Cables' value of 5.44 is 21% above this industry median. Based on the distribution chart, Finolex Cables ranks #44 out of 3034 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Finolex Cables has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Finolex Cables' Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Finolex Cables ranks #44 out of 3034 companies for Receivables Turnover. This places Finolex Cables in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.50. Finolex Cables' value of 5.44 is 21% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.50, based on 3,034 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. Finolex Cables's current Receivables Turnover of 5.44 is 21% 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 Finolex Cables and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Cables's current Receivables Turnover is 5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Cables stock overvalued right now?
Based on GuruFocus' analysis, Finolex Cables (NSE:FINCABLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,305.19, compared to a current price of ₹1,246.85 — trading 4.5% below its estimated fair value. The current Receivables Turnover is 5.44 and 21% above the Industrial Products industry median of 4.50. Finolex Cables' overall GF Score™ is 96/100 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 Finolex Cables (NSE:FINCABLES), the current Receivables Turnover is 5.44 as of Jun. 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 Finolex Cables (NSE:FINCABLES) Overvalued in 2026?

Based on GuruFocus' analysis, Finolex Cables stock appears to be undervalued. The current stock price of ₹1,246.85 is trading 4.5% below its estimated GF Value™ of ₹1,305.19. GuruFocus considers Finolex Cables to be Fairly Valued.

Key valuation signals for NSE:FINCABLES:

  • Receivables Turnover: 5.44
  • GF Value™: ₹1,305.19 vs. price of ₹1,246.85 (4.5% below fair value)
  • GF Score™: 96/100 with 9 warning signs
  • Industry Position: 21% above the Industrial Products median (#44 of 3034)

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


Finolex Cables Business Description

Other Exchanges 500144:India
Address 26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods, and Others - Trading of Electrical and other goods. It derives a majority of its revenue from the Electrical cables segment. The group offers products like wires and cables, optical fibre cables, switches, LED lightings, fans, MCBs, water heaters, and other products. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.
96GF Score

Get the complete analysis for NSE:FINCABLES

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

₹1,246.85
Price
₹1,305.19
GF Value