Greenlam Industries (NSE:GREENLAM) Receivables Turnover: 3.64 (As of Jun. 2026)

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NSE:GREENLAM Greenlam Industries Ltd NSE:GREENLAM
93 GF Score
Price ₹253.00
GF Value ₹334.39
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Greenlam Industries Receivables Turnover?

Greenlam Industries NSE:GREENLAM -1.25% 93 Receivables Turnover is 3.64 as of Jun. 2026. GuruFocus rates NSE:GREENLAM with a GF Score™ of 93/100 and a GF Value™ of ₹334.39 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Greenlam Industries ranks better than 87.94% 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. Greenlam Industries's Revenue for the three months ended in Jun. 2026 was ₹7,967 Mil. Greenlam Industries's average Accounts Receivable for the three months ended in Jun. 2026 was ₹2,187 Mil. Hence, Greenlam Industries's Receivables Turnover for the three months ended in Jun. 2026 was 3.64.


Greenlam Industries  (NSE:GREENLAM) 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.


Greenlam Industries Receivables Turnover Related Terms


Greenlam Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Greenlam 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.

Greenlam Industries Receivables Turnover Chart

Greenlam 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 12.48 14.53 15.28 16.33 15.98

Greenlam Industries 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 4.34 3.79 3.31 3.92 3.64

NSE:GREENLAM vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Greenlam 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.


Greenlam Industries Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's Receivables Turnover distribution charts can be found below:

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


NSE:GREENLAM
93GF Score
Greenlam Industries Ltd NSE:GREENLAM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenlam Industries Receivables Turnover Calculation

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

Greenlam 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 )
=29864.6 / ((1551 + 2186.8) / 2 )
=29864.6 / 1868.9
=15.98

Greenlam Industries'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 )
=7967 / ((2186.8 + 0) / 1 )
=7967 / 2186.8
=3.64

* 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 3.64 mean?
Greenlam Industries (NSE:GREENLAM) has a Receivables Turnover of 3.64 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 Greenlam Industries and its competitors. According to the industry distribution chart, Greenlam Industries ranks #52 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 12.1%.
Is Greenlam Industries' Receivables Turnover too high?
Greenlam Industries' current Receivables Turnover is 3.64. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.23. Greenlam Industries' value of 3.64 is 49.7% below this industry median. Based on the distribution chart, Greenlam Industries ranks #52 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Greenlam Industries has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Greenlam Industries ranks #52 out of 431 companies for Receivables Turnover. This places Greenlam Industries in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.23. Greenlam Industries' value of 3.64 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.23, based on 431 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. Greenlam Industries's current Receivables Turnover of 3.64 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 Greenlam Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlam Industries's current Receivables Turnover is 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹334.39, compared to a current price of ₹253.00 — trading 24.3% below its estimated fair value. The current Receivables Turnover is 3.64 and 49.7% below the Furnishings, Fixtures & Appliances industry median of 7.23. Greenlam Industries' overall GF Score™ is 93/100 with 5 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 Greenlam Industries (NSE:GREENLAM), the current Receivables Turnover is 3.64 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 Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?

Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued. The current stock price of ₹253.00 is trading 24.3% below its estimated GF Value™ of ₹334.39. GuruFocus considers Greenlam Industries to be Modestly Undervalued.

Key valuation signals for NSE:GREENLAM:

  • Receivables Turnover: 3.64
  • GF Value™: ₹334.39 vs. price of ₹253.00 (24.3% below fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 49.7% below the Furnishings, Fixtures & Appliances median (#52 of 431)

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


Greenlam Industries Business Description

Other Exchanges 538979:India
Address Worldmark 1, Aerocity, 203, 2nd Floor. West Wing, IGI Airport Hospitality District, New Delhi, IND, 110 037
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
93GF Score

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

₹253.00
Price
₹334.39
GF Value