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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. Hindustan Adhesives's Revenue for the
three
months ended in Mar. 2026 was ₹576 Mil. Hindustan Adhesives's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹309 Mil.
Hence, Hindustan Adhesives's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.86.
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.
Hindustan Adhesives Receivables Turnover Related Terms
Hindustan Adhesives Receivables Turnover Historical Data
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The historical data trend for Hindustan Adhesives'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 Specialty Chemicals subindustry, Hindustan Adhesives'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.
Hindustan Adhesives Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hindustan Adhesives's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hindustan Adhesives'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.
Hindustan Adhesives (NSE:HINDADH) has a Receivables Turnover of 1.86 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 Hindustan Adhesives and its competitors. According to the industry distribution chart, Hindustan Adhesives ranks #421 out of 1581 companies in the Chemicals industry, placing it in the top 26.6%.
Is Hindustan Adhesives' Receivables Turnover too high?
Hindustan Adhesives' current Receivables Turnover is 1.86. The Chemicals industry median Receivables Turnover is 5.66. Hindustan Adhesives' value of 1.86 is 67.1% below this industry median. Based on the distribution chart, Hindustan Adhesives ranks #421 out of 1581 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hindustan Adhesives has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Adhesives' Receivables Turnover compare to ?
According to the Chemicals industry distribution chart, Hindustan Adhesives ranks #421 out of 1581 companies for Receivables Turnover. This puts Hindustan Adhesives in the upper half of its industry. The industry median Receivables Turnover is 5.66. Hindustan Adhesives' value of 1.86 is 67.1% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.66, based on 1,581 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. Hindustan Adhesives's current Receivables Turnover of 1.86 is 67.1% 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 Hindustan Adhesives and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Adhesives's current Receivables Turnover is 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Adhesives (NSE:HINDADH) is currently considered Fairly Valued. The stock's GF Value™ is ₹331.56, compared to a current price of ₹351.00 — trading 5.9% above its estimated fair value. The current Receivables Turnover is 1.86 and 67.1% below the Chemicals industry median of 5.66. Hindustan Adhesives' overall GF Score™ is 54/100 with 7 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 Hindustan Adhesives (NSE:HINDADH), the current Receivables Turnover is 1.86 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 Hindustan Adhesives (NSE:HINDADH) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Adhesives stock appears to be overvalued.
The current stock price of ₹351.00 is trading 5.9% above its estimated GF Value™ of ₹331.56.
GuruFocus considers Hindustan Adhesives to be Fairly Valued.
Key valuation signals for NSE:HINDADH:
Receivables Turnover: 1.86
GF Value™: ₹331.56 vs. price of ₹351.00 (5.9% above fair value)
Industry Position: 67.1% below the Chemicals median (#421 of 1581)
No single metric tells the full story. See the NSE:HINDADH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Adhesives Ltd is a producer and marketer of adhesive tapes. The company offers products such as acrylic packaging tapes, hot melt packaging tapes, natural rubber packaging tapes, kraft paper tapes, tamper-evident tapes, tear tapes, polyolefin shrink film, and shrink wrapping machines. Its customers include Unilever, PepsiCo, Coca-Cola, P&G, Reckitt Benckiser, Cadbury, and Nestle, among others.
54GF Score
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