Mittal Life Style (NSE:MITTAL) Receivables Turnover: 0.90 (As of Mar. 2026)

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NSE:MITTAL Mittal Life Style Ltd NSE:MITTAL
41 GF Score
Price ₹0.90
! 3 Warning Signs
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What is Mittal Life Style Receivables Turnover?

Mittal Life Style NSE:MITTAL -1.10% 41 Receivables Turnover is 0.90 as of Mar. 2026. GuruFocus rates NSE:MITTAL with a GF Score™ of 41/100. The stock has 3 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, Mittal Life Style ranks worse than 86.57% 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. Mittal Life Style's Revenue for the three months ended in Mar. 2026 was ₹240.7 Mil. Mittal Life Style's average Accounts Receivable for the three months ended in Mar. 2026 was ₹267.7 Mil. Hence, Mittal Life Style's Receivables Turnover for the three months ended in Mar. 2026 was 0.90.


Mittal Life Style  (NSE:MITTAL) 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.


Mittal Life Style Receivables Turnover Related Terms


Mittal Life Style Receivables Turnover Historical Data

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The historical data trend for Mittal Life Style'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.

Mittal Life Style Receivables Turnover Chart

Mittal Life Style Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 4.47 3.38 2.80 3.26

Mittal Life Style Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.73 0.72 0.81 0.67 0.90

Mittal Life Style Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Mittal Life Style'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.


Mittal Life Style Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mittal Life Style's Receivables Turnover falls into.


NSE:MITTAL
41GF Score
Mittal Life Style Ltd NSE:MITTAL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mittal Life Style Receivables Turnover Calculation

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

Mittal Life Style's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=914.541 / ((293.265 + 267.735) / 2 )
=914.541 / 280.5
=3.26

Mittal Life Style's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=240.715 / ((0 + 267.735) / 1 )
=240.715 / 267.735
=0.90

* 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 0.90 mean?
Mittal Life Style (NSE:MITTAL) has a Receivables Turnover of 0.90 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 Mittal Life Style and its competitors. According to the industry distribution chart, Mittal Life Style ranks #896 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.6%.
Is Mittal Life Style's Receivables Turnover too high?
Mittal Life Style's current Receivables Turnover is 0.90. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Mittal Life Style's value of 0.90 is 86.9% below this industry median. Based on the distribution chart, Mittal Life Style ranks #896 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Mittal Life Style has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Mittal Life Style's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mittal Life Style ranks #896 out of 1035 companies for Receivables Turnover. This places Mittal Life Style in the lower half of its industry. The industry median Receivables Turnover is 6.89. Mittal Life Style's value of 0.90 is 86.9% 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 6.89, 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. Mittal Life Style's current Receivables Turnover of 0.90 is 86.9% 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 Mittal Life Style 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. Mittal Life Style's current Receivables Turnover is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mittal Life Style stock overvalued right now?
Mittal Life Style (NSE:MITTAL) has a current Receivables Turnover of 0.90. The current Receivables Turnover is 0.90 and 86.9% below the Manufacturing - Apparel & Accessories industry median of 6.89. Mittal Life Style's overall GF Score™ is 41/100 with 3 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 Mittal Life Style (NSE:MITTAL), the current Receivables Turnover is 0.90 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.

Mittal Life Style Business Description

Address New Link Road, Unit No. 8/9, Ravikiran, Ground Floor, Andheri (West), Mumbai, MH, IND, 400053
Mittal Life Style Ltd operates in the textile industry. It is operating as the preferred supplier of denim and garment products. Dealing in supply of Bottom weight Fabrics & Denims is the principal business activity of the Company. It supplies fashion fabrics, cotton canvas denim, dupion bottom fabrics, polyester fabrics, cotton fabric, knit fabric and among other products.
41GF Score

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