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Kitex GarmentsNSE:KITEX +0.08%71 Receivables Turnover is 1.33 as of Mar. 2026. GuruFocus rates NSE:KITEX with a GF Score™ of 71/100 and a GF Value™ of ₹135.30 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, Kitex Garments ranks worse than 86.18% 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. Kitex Garments's Revenue for the
three
months ended in Mar. 2026 was ₹1,662 Mil. Kitex Garments's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹1,246 Mil.
Hence, Kitex Garments's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.33.
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.
Kitex Garments Receivables Turnover Related Terms
Kitex Garments Receivables Turnover Historical Data
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The historical data trend for Kitex Garments'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.
NSE:KITEX vs RL, LEVI, VFC: Receivables Turnover Comparison
For the Apparel Manufacturing subindustry, Kitex Garments'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.
Kitex Garments Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kitex Garments's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Kitex Garments'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.
Kitex Garments (NSE:KITEX) has a Receivables Turnover of 1.33 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 Kitex Garments and its competitors. According to the industry distribution chart, Kitex Garments ranks #892 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.2%.
Is Kitex Garments' Receivables Turnover too high?
Kitex Garments' current Receivables Turnover is 1.33. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.88. Kitex Garments' value of 1.33 is 80.7% below this industry median. Based on the distribution chart, Kitex Garments ranks #892 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Kitex Garments has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kitex Garments' Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kitex Garments ranks #892 out of 1035 companies for Receivables Turnover. This places Kitex Garments in the lower half of its industry. The industry median Receivables Turnover is 6.88. Kitex Garments' value of 1.33 is 80.7% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.88, based on 1,035 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. Kitex Garments's current Receivables Turnover of 1.33 is 80.7% 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 Kitex Garments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitex Garments's current Receivables Turnover is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitex Garments stock overvalued right now?
Based on GuruFocus' analysis, Kitex Garments (NSE:KITEX) is currently considered Fairly Valued. The stock's GF Value™ is ₹135.30, compared to a current price of ₹144.85 — trading 7.1% above its estimated fair value. The current Receivables Turnover is 1.33 and 80.7% below the Manufacturing - Apparel & Accessories industry median of 6.88. Kitex Garments' overall GF Score™ is 71/100 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 Kitex Garments (NSE:KITEX), the current Receivables Turnover is 1.33 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 Kitex Garments (NSE:KITEX) Overvalued in 2026?
Based on GuruFocus' analysis, Kitex Garments stock appears to be overvalued.
The current stock price of ₹144.85 is trading 7.1% above its estimated GF Value™ of ₹135.30.
GuruFocus considers Kitex Garments to be Fairly Valued.
Key valuation signals for NSE:KITEX:
Receivables Turnover: 1.33
GF Value™: ₹135.30 vs. price of ₹144.85 (7.1% above fair value)
Industry Position: 80.7% below the Manufacturing - Apparel & Accessories median (#892 of 1035)
No single metric tells the full story. See the NSE:KITEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kitex Garments Ltd manufactures cotton garments and fabrics. Garments account for the company's revenue and focus on infant wear such as body suits, sleepwear, rompers, burps, bibs, and training pants. Kitex manufactures the products for companies such as Carters, Gerber, Mothercare, Jockey, Children's Place, Kohl's, and Toys R. The company also owns the Little Star brand and licenses the Lamaze brand for distribution in the United States and Canada. Kitex exports almost all the garments it produces, which it manufactures in India, to the United States and Europe.
71GF Score
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