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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. Finolex Industries's Revenue for the
three
months ended in Mar. 2026 was ₹13,139 Mil. Finolex Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹3,623 Mil.
Hence, Finolex Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.63.
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 Industries Receivables Turnover Related Terms
Finolex Industries Receivables Turnover Historical Data
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The historical data trend for Finolex 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.
NSE:FINPIPE vs TT, JCI, CARR: Receivables Turnover Comparison
For the Building Products & Equipment subindustry, Finolex 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.
Finolex Industries Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Finolex Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Finolex Industries'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.
Finolex Industries (NSE:FINPIPE) has a Receivables Turnover of 3.63 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 Finolex Industries and its competitors. According to the industry distribution chart, Finolex Industries ranks #211 out of 1763 companies in the Construction industry, placing it in the top 12%.
Is Finolex Industries' Receivables Turnover too high?
Finolex Industries' current Receivables Turnover is 3.63. The Construction industry median Receivables Turnover is 4.78. Finolex Industries' value of 3.63 is 24.1% below this industry median. Based on the distribution chart, Finolex Industries ranks #211 out of 1763 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Finolex Industries has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Finolex Industries' Receivables Turnover compare to TT and JCI?
According to the Construction industry distribution chart, Finolex Industries ranks #211 out of 1763 companies for Receivables Turnover. This places Finolex Industries in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.78. Finolex Industries' value of 3.63 is 24.1% 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 a Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,763 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 Industries's current Receivables Turnover of 3.63 is 24.1% 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 Finolex Industries and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Industries's current Receivables Turnover is 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Industries stock overvalued right now?
Based on GuruFocus' analysis, Finolex Industries (NSE:FINPIPE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹211.63, compared to a current price of ₹167.37 — trading 20.9% below its estimated fair value. The current Receivables Turnover is 3.63 and 24.1% below the Construction industry median of 4.78. Finolex Industries' overall GF Score™ is 82/100 with 3 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 Industries (NSE:FINPIPE), the current Receivables Turnover is 3.63 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 Finolex Industries (NSE:FINPIPE) Overvalued in 2026?
Based on GuruFocus' analysis, Finolex Industries stock appears to be undervalued.
The current stock price of ₹167.37 is trading 20.9% below its estimated GF Value™ of ₹211.63.
GuruFocus considers Finolex Industries to be Modestly Undervalued.
Key valuation signals for NSE:FINPIPE:
Receivables Turnover: 3.63
GF Value™: ₹211.63 vs. price of ₹167.37 (20.9% below fair value)
Industry Position: 24.1% below the Construction median (#211 of 1763)
No single metric tells the full story. See the NSE:FINPIPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.
82GF Score
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