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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. Garware Technical Fibres's Revenue for the
three
months ended in Mar. 2026 was ₹4,264 Mil. Garware Technical Fibres's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹2,767 Mil.
Hence, Garware Technical Fibres's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.54.
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.
Garware Technical Fibres Receivables Turnover Related Terms
Garware Technical Fibres Receivables Turnover Historical Data
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The historical data trend for Garware Technical Fibres'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.
For the Textile Manufacturing subindustry, Garware Technical Fibres'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.
Garware Technical Fibres Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Garware Technical Fibres'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.
Garware Technical Fibres (NSE:GARFIBRES) has a Receivables Turnover of 1.54 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 Garware Technical Fibres and its competitors. According to the industry distribution chart, Garware Technical Fibres ranks #718 out of 1033 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69.5%.
Is Garware Technical Fibres' Receivables Turnover too high?
Garware Technical Fibres' current Receivables Turnover is 1.54. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.86. Garware Technical Fibres' value of 1.54 is 77.6% below this industry median. Based on the distribution chart, Garware Technical Fibres ranks #718 out of 1033 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Garware Technical Fibres has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garware Technical Fibres' Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Garware Technical Fibres ranks #718 out of 1033 companies for Receivables Turnover. This places Garware Technical Fibres in the lower half of its industry. The industry median Receivables Turnover is 6.86. Garware Technical Fibres' value of 1.54 is 77.6% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.86, based on 1,033 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. Garware Technical Fibres's current Receivables Turnover of 1.54 is 77.6% 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 Garware Technical Fibres and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Technical Fibres's current Receivables Turnover is 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Technical Fibres stock overvalued right now?
Based on GuruFocus' analysis, Garware Technical Fibres (NSE:GARFIBRES) is currently considered Fairly Valued. The stock's GF Value™ is ₹834.15, compared to a current price of ₹838.85 — trading 0.6% above its estimated fair value. The current Receivables Turnover is 1.54 and 77.6% below the Manufacturing - Apparel & Accessories industry median of 6.86. Garware Technical Fibres' overall GF Score™ is 93/100 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 Garware Technical Fibres (NSE:GARFIBRES), the current Receivables Turnover is 1.54 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 Garware Technical Fibres (NSE:GARFIBRES) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be overvalued.
The current stock price of ₹838.85 is trading 0.6% above its estimated GF Value™ of ₹834.15.
GuruFocus considers Garware Technical Fibres to be Fairly Valued.
Key valuation signals for NSE:GARFIBRES:
Receivables Turnover: 1.54
GF Value™: ₹834.15 vs. price of ₹838.85 (0.6% above fair value)
Industry Position: 77.6% below the Manufacturing - Apparel & Accessories median (#718 of 1033)
No single metric tells the full story. See the NSE:GARFIBRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
93GF Score
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