Onix Solar Energy (NSE:ONIXSOLAR) Receivables Turnover: 0.74 (As of Mar. 2026)

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NSE:ONIXSOLAR Onix Solar Energy Ltd NSE:ONIXSOLAR
36 GF Score
Price ₹305.90
! 6 Warning Signs
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What is Onix Solar Energy Receivables Turnover?

Onix Solar Energy NSE:ONIXSOLAR -4.99% 36 Receivables Turnover is 0.74 as of Mar. 2026. GuruFocus rates NSE:ONIXSOLAR with a GF Score™ of 36/100. The stock has 6 warning signs investors should review. Among 1,021 Semiconductors companies, Onix Solar Energy ranks worse than 71.2% 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. Onix Solar Energy's Revenue for the three months ended in Mar. 2026 was ₹703 Mil. Onix Solar Energy's average Accounts Receivable for the three months ended in Mar. 2026 was ₹956 Mil. Hence, Onix Solar Energy's Receivables Turnover for the three months ended in Mar. 2026 was 0.74.


Onix Solar Energy  (NSE:ONIXSOLAR) 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.


Onix Solar Energy Receivables Turnover Related Terms


Onix Solar Energy Receivables Turnover Historical Data

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The historical data trend for Onix Solar Energy'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.

Onix Solar Energy Receivables Turnover Chart

Onix Solar Energy 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 0.47 0.01 0.00 93.82 3.28

Onix Solar Energy 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 74.30 144.31 1.83 0.68 0.74

NSE:ONIXSOLAR vs : Receivables Turnover Comparison

For the Solar subindustry, Onix Solar Energy'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.


Onix Solar Energy Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Onix Solar Energy's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Onix Solar Energy's Receivables Turnover falls into.


NSE:ONIXSOLAR
36GF Score
Onix Solar Energy Ltd NSE:ONIXSOLAR
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Onix Solar Energy Receivables Turnover Calculation

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

Onix Solar Energy'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 )
=1571.179 / ((3.132 + 955.763) / 2 )
=1571.179 / 479.4475
=3.28

Onix Solar Energy'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 )
=702.954 / ((0 + 955.763) / 1 )
=702.954 / 955.763
=0.74

* 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 0.74 mean?
Onix Solar Energy (NSE:ONIXSOLAR) has a Receivables Turnover of 0.74 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 Onix Solar Energy and its competitors. According to the industry distribution chart, Onix Solar Energy ranks #727 out of 1021 companies in the Semiconductors industry, placing it in the top 71.2%.
Is Onix Solar Energy's Receivables Turnover too high?
Onix Solar Energy's current Receivables Turnover is 0.74. The Semiconductors industry median Receivables Turnover is 5.82. Onix Solar Energy's value of 0.74 is 87.3% below this industry median. Based on the distribution chart, Onix Solar Energy ranks #727 out of 1021 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Onix Solar Energy has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Onix Solar Energy's Receivables Turnover compare to ?
According to the Semiconductors industry distribution chart, Onix Solar Energy ranks #727 out of 1021 companies for Receivables Turnover. This places Onix Solar Energy in the lower half of its industry. The industry median Receivables Turnover is 5.82. Onix Solar Energy's value of 0.74 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,021 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. Onix Solar Energy's current Receivables Turnover of 0.74 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 Onix Solar Energy and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onix Solar Energy's current Receivables Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onix Solar Energy stock overvalued right now?
Onix Solar Energy (NSE:ONIXSOLAR) has a current Receivables Turnover of 0.74. The current Receivables Turnover is 0.74 and 87.3% below the Semiconductors industry median of 5.82. Onix Solar Energy's overall GF Score™ is 36/100 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 Onix Solar Energy (NSE:ONIXSOLAR), the current Receivables Turnover is 0.74 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.

Onix Solar Energy Business Description

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Other Exchanges 513119:India
Address Andheri Kurla Road, Office No. A-204, 2nd Floor, Rustomjee Central Park, Builtup 1140 Squere Feet, Chakalaandheri East, Andheri East, Mumbai, MH, IND, 400069
Onix Solar Energy Ltd is engaged in the manufacturing of solar panels, delivering high-quality and efficient products to support the renewable energy sector. The company also undertakes the trading of solar modules, ensuring a complete supply chain solution for solar energy products. The company mainly operates in a single segment, i.e., trading in solar panels and other solar-related goods.
36GF Score

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