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Manilam Industries IndiaNSE:MANILAM 11 Receivables Turnover is 0.81 as of Sep. 2025. GuruFocus rates NSE:MANILAM with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 405 Building Materials companies, Manilam Industries India ranks worse than 97.53% 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. Manilam Industries India's Revenue for the
six
months ended in Sep. 2025 was ₹599.1 Mil. Manilam Industries India's average Accounts Receivable for the
six
months ended in Sep. 2025 was ₹737.3 Mil.
Hence, Manilam Industries India's Receivables Turnover for the
six
months ended in Sep. 2025 was 0.81.
Manilam Industries India (NSE:MANILAM) 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.
Manilam Industries India Receivables Turnover Related Terms
Manilam Industries India Receivables Turnover Historical Data
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The historical data trend for Manilam Industries India'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.
Manilam Industries India Receivables Turnover Chart
Manilam Industries India Annual Data
Trend
Mar23
Mar24
Mar25
Receivables Turnover
2.50
2.17
1.89
Manilam Industries India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Receivables Turnover
0.00
0.00
0.00
0.81
NSE:MANILAM vs CRH, VMC, MLM: Receivables Turnover Comparison
For the Building Materials subindustry, Manilam Industries India'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.
Manilam Industries India Receivables Turnover vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Manilam Industries India's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Manilam Industries India'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.
Manilam Industries India (NSE:MANILAM) has a Receivables Turnover of 0.81 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 Manilam Industries India and its competitors. According to the industry distribution chart, Manilam Industries India ranks #395 out of 405 companies in the Building Materials industry, placing it in the top 97.5%.
Is Manilam Industries India's Receivables Turnover too high?
Manilam Industries India's current Receivables Turnover is 0.81. The Building Materials industry median Receivables Turnover is 6.36. Manilam Industries India's value of 0.81 is 87.3% below this industry median. Based on the distribution chart, Manilam Industries India ranks #395 out of 405 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Manilam Industries India has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Manilam Industries India's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, Manilam Industries India ranks #395 out of 405 companies for Receivables Turnover. This places Manilam Industries India in the lower half of its industry. The industry median Receivables Turnover is 6.36. Manilam Industries India's value of 0.81 is 87.3% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.36, based on 405 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. Manilam Industries India's current Receivables Turnover of 0.81 is 87.3% 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 Manilam Industries India and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manilam Industries India's current Receivables Turnover is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manilam Industries India stock overvalued right now?
Manilam Industries India (NSE:MANILAM) has a current Receivables Turnover of 0.81. The current Receivables Turnover is 0.81 and 87.3% below the Building Materials industry median of 6.36. Manilam Industries India's overall GF Score™ is 11/100 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 Manilam Industries India (NSE:MANILAM), the current Receivables Turnover is 0.81 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.
Manilam Industries India Ltd is engaged in the manufacturing and sale of decorative laminates. Its product portfolio includes the Artistica Collection, the Vogue Collection, the Dwar Collection and the Magnificent Collection. Additionally, the company is involved in the trading of plywood serving the industrial and commercial sectors. It operates under the brand name "Manilam". The majority of the company's revenue is derived from the sale of laminates across India. The reportable segments: Within India, and Outside India, of which it derives maximum revenue from India.
11GF Score
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