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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. Forge Auto International's Revenue for the
six
months ended in Mar. 2025 was ₹2,099 Mil. Forge Auto International's average Accounts Receivable for the
six
months ended in Mar. 2025 was ₹226 Mil.
Hence, Forge Auto International's Receivables Turnover for the
six
months ended in Mar. 2025 was 9.30.
Forge Auto International (NSE:FORGEAUTO) 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.
Forge Auto International Receivables Turnover Related Terms
Forge Auto International Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Forge Auto International'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.
Forge Auto International Receivables Turnover Chart
Forge Auto International Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Receivables Turnover
5.80
6.15
6.08
9.30
Forge Auto International Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Receivables Turnover
5.80
6.15
6.08
9.30
NSE:FORGEAUTO vs ORLY, AZO: Receivables Turnover Comparison
For the Auto Parts subindustry, Forge Auto International'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.
Forge Auto International Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Forge Auto International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Forge Auto International'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.
Forge Auto International (NSE:FORGEAUTO) has a Receivables Turnover of 9.30 as of Mar. 2025. 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 Forge Auto International and its competitors. According to the industry distribution chart, Forge Auto International ranks #332 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 25.2%.
Is Forge Auto International's Receivables Turnover too high?
Forge Auto International's current Receivables Turnover is 9.30. The Vehicles & Parts industry median Receivables Turnover is 5.99. Forge Auto International's value of 9.30 is 55.3% above this industry median. Based on the distribution chart, Forge Auto International ranks #332 out of 1315 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Forge Auto International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forge Auto International's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Forge Auto International ranks #332 out of 1315 companies for Receivables Turnover. This puts Forge Auto International in the upper half of its industry. The industry median Receivables Turnover is 5.99. Forge Auto International's value of 9.30 is 55.3% 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 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. Forge Auto International's current Receivables Turnover of 9.30 is 55.3% 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 Forge Auto International 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. Forge Auto International's current Receivables Turnover is 9.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Auto International stock overvalued right now?
Forge Auto International (NSE:FORGEAUTO) has a current Receivables Turnover of 9.30. The current Receivables Turnover is 9.30 and 55.3% above the Vehicles & Parts industry median of 5.99. Forge Auto International's overall GF Score™ is 16/100 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 Forge Auto International (NSE:FORGEAUTO), the current Receivables Turnover is 9.30 as of Mar. 2025. 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.
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.
16GF Score
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