Innovative Tyres & Tubes (NSE:ITTL) Receivables Turnover: 9.51 (As of Sep. 2025)

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NSE:ITTL Innovative Tyres & Tubes Ltd NSE:ITTL
39 GF Score
Price ₹70.65
GF Value ₹66.01
Valuation Fairly Valued
! 6 Warning Signs
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What is Innovative Tyres & Tubes Receivables Turnover?

Innovative Tyres & Tubes NSE:ITTL 39 Receivables Turnover is 9.51 as of Sep. 2025. GuruFocus rates NSE:ITTL with a GF Score™ of 39/100 and a GF Value™ of ₹66.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,314 Vehicles & Parts companies, Innovative Tyres & Tubes ranks better than 87.52% 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. Innovative Tyres & Tubes's Revenue for the six months ended in Sep. 2025 was ₹380.9 Mil. Innovative Tyres & Tubes's average Accounts Receivable for the six months ended in Sep. 2025 was ₹40.1 Mil. Hence, Innovative Tyres & Tubes's Receivables Turnover for the six months ended in Sep. 2025 was 9.51.


Innovative Tyres & Tubes  (NSE:ITTL) 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.


Innovative Tyres & Tubes Receivables Turnover Related Terms


Innovative Tyres & Tubes Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Innovative Tyres & Tubes'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.

Innovative Tyres & Tubes Receivables Turnover Chart

Innovative Tyres & Tubes Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.69 6.47 1.59 36.54 26.91

Innovative Tyres & Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.01 35.72 13.11 10.66 9.51

NSE:ITTL vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Innovative Tyres & Tubes'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.


Innovative Tyres & Tubes Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Innovative Tyres & Tubes's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Innovative Tyres & Tubes's Receivables Turnover falls into.


NSE:ITTL
39GF Score
Innovative Tyres & Tubes Ltd NSE:ITTL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Tyres & Tubes Receivables Turnover Calculation

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

Innovative Tyres & Tubes's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=467.809 / ((6.683 + 28.089) / 2 )
=467.809 / 17.386
=26.91

Innovative Tyres & Tubes's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=380.926 / ((28.089 + 52.017) / 2 )
=380.926 / 40.053
=9.51

* 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 9.51 mean?
Innovative Tyres & Tubes (NSE:ITTL) has a Receivables Turnover of 9.51 as of Sep. 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 Innovative Tyres & Tubes and its competitors. According to the industry distribution chart, Innovative Tyres & Tubes ranks #164 out of 1314 companies in the Vehicles & Parts industry, placing it in the top 12.5%.
Is Innovative Tyres & Tubes' Receivables Turnover too high?
Innovative Tyres & Tubes' current Receivables Turnover is 9.51. The Vehicles & Parts industry median Receivables Turnover is 5.99. Innovative Tyres & Tubes' value of 9.51 is 58.9% above this industry median. Based on the distribution chart, Innovative Tyres & Tubes ranks #164 out of 1314 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Innovative Tyres & Tubes has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tyres & Tubes' Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Innovative Tyres & Tubes ranks #164 out of 1314 companies for Receivables Turnover. This places Innovative Tyres & Tubes in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.99. Innovative Tyres & Tubes' value of 9.51 is 58.9% 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 1,314 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. Innovative Tyres & Tubes's current Receivables Turnover of 9.51 is 58.9% 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 Innovative Tyres & Tubes 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. Innovative Tyres & Tubes's current Receivables Turnover is 9.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Tyres & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tyres & Tubes (NSE:ITTL) is currently considered Fairly Valued. The stock's GF Value™ is ₹66.01, compared to a current price of ₹70.65 — trading 7% above its estimated fair value. The current Receivables Turnover is 9.51 and 58.9% above the Vehicles & Parts industry median of 5.99. Innovative Tyres & Tubes' overall GF Score™ is 39/100 with 6 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 Innovative Tyres & Tubes (NSE:ITTL), the current Receivables Turnover is 9.51 as of Sep. 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.

Is Innovative Tyres & Tubes (NSE:ITTL) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Tyres & Tubes stock appears to be overvalued. The current stock price of ₹70.65 is trading 7% above its estimated GF Value™ of ₹66.01. GuruFocus considers Innovative Tyres & Tubes to be Fairly Valued.

Key valuation signals for NSE:ITTL:

  • Receivables Turnover: 9.51
  • GF Value™: ₹66.01 vs. price of ₹70.65 (7% above fair value)
  • GF Score™: 39/100 with 6 warning signs
  • Industry Position: 58.9% above the Vehicles & Parts median (#164 of 1314)

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


Innovative Tyres & Tubes Business Description

Address 1201, 1202, 1203 GIDC Halol, Panchmahal, Halol, GJ, IND, 389350
Innovative Tyres & Tubes Ltd is a manufacturer and exporter of Bias Tyres in India, generating the majority of its revenue domestically. The company offers a product portfolio across the Truck/Bus, Agricultural & OTR, and Motorcycle/3-wheeler segments from two nearby manufacturing units. Its product range includes tyres for light motorcycles up to heavy off-the-road mining vehicles. The company serves both domestic and export markets, supplying to over 40 countries and partnering with brands in India. Its product lineup includes mining tyres, agriculture tyres, motorcycle and scooter tyres, three-wheeler and passenger vehicle tyres, light-truck, truck and bus tyres, and special-purpose tyres.
39GF Score

Get the complete analysis for NSE:ITTL

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

₹70.65
Price
₹66.01
GF Value