Laxmi Cotspin (NSE:LAXMICOT) Receivables Turnover: 12.07 (As of Dec. 2025)

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NSE:LAXMICOT Laxmi Cotspin Ltd NSE:LAXMICOT
59 GF Score
Price ₹13.92
GF Value ₹22.85
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Laxmi Cotspin Receivables Turnover?

Laxmi Cotspin NSE:LAXMICOT -0.29% 59 Receivables Turnover is 12.07 as of Dec. 2025. GuruFocus rates NSE:LAXMICOT with a GF Score™ of 59/100 and a GF Value™ of ₹22.85 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, Laxmi Cotspin ranks better than 97.58% 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. Laxmi Cotspin's Revenue for the three months ended in Dec. 2025 was ₹246 Mil. Laxmi Cotspin's average Accounts Receivable for the three months ended in Dec. 2025 was ₹20 Mil. Hence, Laxmi Cotspin's Receivables Turnover for the three months ended in Dec. 2025 was 12.07.


Laxmi Cotspin  (NSE:LAXMICOT) 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.


Laxmi Cotspin Receivables Turnover Related Terms


Laxmi Cotspin Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Laxmi Cotspin'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.

Laxmi Cotspin Receivables Turnover Chart

Laxmi Cotspin 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 4.40 15.24 19.29 28.85 42.04

Laxmi Cotspin Quarterly Data
Mar20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 15.14 6.76 15.23 28.61 12.07

Laxmi Cotspin Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Laxmi Cotspin'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.


Laxmi Cotspin Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Laxmi Cotspin's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Laxmi Cotspin's Receivables Turnover falls into.


NSE:LAXMICOT
59GF Score
Laxmi Cotspin Ltd NSE:LAXMICOT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Laxmi Cotspin Receivables Turnover Calculation

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

Laxmi Cotspin'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 )
=1504.156 / ((38.347 + 33.218) / 2 )
=1504.156 / 35.7825
=42.04

Laxmi Cotspin's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=245.697 / ((20.351 + 0) / 1 )
=245.697 / 20.351
=12.07

* 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 12.07 mean?
Laxmi Cotspin (NSE:LAXMICOT) has a Receivables Turnover of 12.07 as of Dec. 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 Laxmi Cotspin and its competitors. According to the industry distribution chart, Laxmi Cotspin ranks #25 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 2.4%.
Is Laxmi Cotspin's Receivables Turnover too high?
Laxmi Cotspin's current Receivables Turnover is 12.07. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Laxmi Cotspin's value of 12.07 is 75.2% above this industry median. Based on the distribution chart, Laxmi Cotspin ranks #25 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Laxmi Cotspin has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Laxmi Cotspin's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Laxmi Cotspin ranks #25 out of 1035 companies for Receivables Turnover. This places Laxmi Cotspin in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.89. Laxmi Cotspin's value of 12.07 is 75.2% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, 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. Laxmi Cotspin's current Receivables Turnover of 12.07 is 75.2% 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 Laxmi Cotspin and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Cotspin's current Receivables Turnover is 12.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Cotspin stock overvalued right now?
Based on GuruFocus' analysis, Laxmi Cotspin (NSE:LAXMICOT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹22.85, compared to a current price of ₹13.92 — trading 39.1% below its estimated fair value. The current Receivables Turnover is 12.07 and 75.2% above the Manufacturing - Apparel & Accessories industry median of 6.89. Laxmi Cotspin's overall GF Score™ is 59/100 with 4 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 Laxmi Cotspin (NSE:LAXMICOT), the current Receivables Turnover is 12.07 as of Dec. 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 Laxmi Cotspin (NSE:LAXMICOT) Overvalued in 2026?

Based on GuruFocus' analysis, Laxmi Cotspin stock appears to be undervalued. The current stock price of ₹13.92 is trading 39.1% below its estimated GF Value™ of ₹22.85. GuruFocus considers Laxmi Cotspin to be Significantly Undervalued.

Key valuation signals for NSE:LAXMICOT:

  • Receivables Turnover: 12.07
  • GF Value™: ₹22.85 vs. price of ₹13.92 (39.1% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 75.2% above the Manufacturing - Apparel & Accessories median (#25 of 1035)

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


Laxmi Cotspin Business Description

Address Gut No. 399, Samangaon-Kajla Road, In Front Of Meenatai Thakare Vridhashram, Samangaon, Jalna, MH, IND, 431203
Laxmi Cotspin Ltd is engaged in the manufacturing of cotton yarn, cotton bales, cotton seeds, cotton oil, and oil cakes. It operates the business of cotton processing in the textile industry. The company offers services such as Ginning and Pressing, Spinning, and Open-end among others. Geographically, it generates all of its revenue from India.
59GF Score

Get the complete analysis for NSE:LAXMICOT

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

₹13.92
Price
₹22.85
GF Value