Nila Spaces (NSE:NILASPACES) Receivables Turnover: 48.07 (As of Mar. 2026)

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NSE:NILASPACES Nila Spaces Ltd NSE:NILASPACES
85 GF Score
Price ₹12.33
GF Value ₹19.13
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nila Spaces Receivables Turnover?

Nila Spaces NSE:NILASPACES +0.33% 85 Receivables Turnover is 48.07 as of Mar. 2026. GuruFocus rates NSE:NILASPACES with a GF Score™ of 85/100 and a GF Value™ of ₹19.13 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,670 Real Estate companies, Nila Spaces ranks better than 93.77% 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. Nila Spaces's Revenue for the three months ended in Mar. 2026 was ₹498 Mil. Nila Spaces's average Accounts Receivable for the three months ended in Mar. 2026 was ₹10 Mil. Hence, Nila Spaces's Receivables Turnover for the three months ended in Mar. 2026 was 48.07.


Nila Spaces  (NSE:NILASPACES) 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.


Nila Spaces Receivables Turnover Related Terms


Nila Spaces Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nila Spaces'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.

Nila Spaces Receivables Turnover Chart

Nila Spaces 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 11.07 2.99 268.03 162.62 178.39

Nila Spaces 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 38.30 39.33 53.23 65.87 48.07

Nila Spaces Receivables Turnover Competitor Comparison

For the Real Estate - Development subindustry, Nila Spaces'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.


Nila Spaces Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nila Spaces's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nila Spaces's Receivables Turnover falls into.


NSE:NILASPACES
85GF Score
Nila Spaces Ltd NSE:NILASPACES
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nila Spaces Receivables Turnover Calculation

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

Nila Spaces'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 )
=1850.184 / ((10.382 + 10.361) / 2 )
=1850.184 / 10.3715
=178.39

Nila Spaces'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 )
=498.018 / ((0 + 10.361) / 1 )
=498.018 / 10.361
=48.07

* 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 48.07 mean?
Nila Spaces (NSE:NILASPACES) has a Receivables Turnover of 48.07 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 Nila Spaces and its competitors. According to the industry distribution chart, Nila Spaces ranks #104 out of 1670 companies in the Real Estate industry, placing it in the top 6.2%.
Is Nila Spaces' Receivables Turnover too high?
Nila Spaces' current Receivables Turnover is 48.07. The Real Estate industry median Receivables Turnover is 10.66. Nila Spaces' value of 48.07 is 350.9% above this industry median. Based on the distribution chart, Nila Spaces ranks #104 out of 1670 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Nila Spaces has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nila Spaces' Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Nila Spaces ranks #104 out of 1670 companies for Receivables Turnover. This places Nila Spaces in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.66. Nila Spaces' value of 48.07 is 350.9% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.66, based on 1,670 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. Nila Spaces's current Receivables Turnover of 48.07 is 350.9% 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 Nila Spaces and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nila Spaces's current Receivables Turnover is 48.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nila Spaces stock overvalued right now?
Based on GuruFocus' analysis, Nila Spaces (NSE:NILASPACES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹19.13, compared to a current price of ₹12.33 — trading 35.5% below its estimated fair value. The current Receivables Turnover is 48.07 and 350.9% above the Real Estate industry median of 10.66. Nila Spaces' overall GF Score™ is 85/100 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 Nila Spaces (NSE:NILASPACES), the current Receivables Turnover is 48.07 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 Nila Spaces (NSE:NILASPACES) Overvalued in 2026?

Based on GuruFocus' analysis, Nila Spaces stock appears to be undervalued. The current stock price of ₹12.33 is trading 35.5% below its estimated GF Value™ of ₹19.13. GuruFocus considers Nila Spaces to be Possible Value Trap.

Key valuation signals for NSE:NILASPACES:

  • Receivables Turnover: 48.07
  • GF Value™: ₹19.13 vs. price of ₹12.33 (35.5% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 350.9% above the Real Estate median (#104 of 1670)

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


Nila Spaces Business Description

Other Exchanges 542231:India
Address 1st Floor, Sambhaav House, Opposite Chief Justices Bungalow, Bodakdev, Ahmedabad, GJ, IND, 380015
Nila Spaces Ltd is a real estate development company. It is engaged in developing real estate, which comprises residential and commercial projects. It operates under one segment, Construction and Development of Buildings for sale and other Real Estate activities.
85GF Score

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

₹12.33
Price
₹19.13
GF Value