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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. Page Industries's Revenue for the
three
months ended in Jun. 2026 was ₹14,204 Mil. Page Industries's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹2,011 Mil.
Hence, Page Industries's Receivables Turnover for the
three
months ended in Jun. 2026 was 7.06.
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.
Page Industries Receivables Turnover Related Terms
Page Industries Receivables Turnover Historical Data
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The historical data trend for Page Industries'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.
NSE:PAGEIND vs RL, LEVI, VFC: Receivables Turnover Comparison
For the Apparel Manufacturing subindustry, Page Industries'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.
Page Industries Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Page Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Page Industries'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.
Page Industries (NSE:PAGEIND) has a Receivables Turnover of 7.06 as of Jun. 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 Page Industries and its competitors. According to the industry distribution chart, Page Industries ranks #65 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 6.3%.
Is Page Industries' Receivables Turnover too high?
Page Industries' current Receivables Turnover is 7.06. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Page Industries' value of 7.06 is 2.5% above this industry median. Based on the distribution chart, Page Industries ranks #65 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Page Industries has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Page Industries' Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Page Industries ranks #65 out of 1035 companies for Receivables Turnover. This places Page Industries in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.89. Page Industries' value of 7.06 is 2.5% 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. Page Industries's current Receivables Turnover of 7.06 is 2.5% 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 Page Industries 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. Page Industries's current Receivables Turnover is 7.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Page Industries stock overvalued right now?
Based on GuruFocus' analysis, Page Industries (NSE:PAGEIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹45,801.57, compared to a current price of ₹35,505.00 — trading 22.5% below its estimated fair value. The current Receivables Turnover is 7.06 and 2.5% above the Manufacturing - Apparel & Accessories industry median of 6.89. Page Industries' overall GF Score™ is 100/100 with 1 warning sign 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 Page Industries (NSE:PAGEIND), the current Receivables Turnover is 7.06 as of Jun. 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 Page Industries (NSE:PAGEIND) Overvalued in 2026?
Based on GuruFocus' analysis, Page Industries stock appears to be undervalued.
The current stock price of ₹35,505.00 is trading 22.5% below its estimated GF Value™ of ₹45,801.57.
GuruFocus considers Page Industries to be Modestly Undervalued.
Key valuation signals for NSE:PAGEIND:
Receivables Turnover: 7.06
GF Value™: ₹45,801.57 vs. price of ₹35,505.00 (22.5% below fair value)
Industry Position: 2.5% above the Manufacturing - Apparel & Accessories median (#65 of 1035)
No single metric tells the full story. See the NSE:PAGEIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Page Industries Ltd is the exclusive licensee for the manufacture, marketing, and distribution of Jockey and Speedo-branded innerwear, swimwear, and other apparel in India. The company also has the rights to Jockey in Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates. Sales of innerwear and leisurewear products contribute a substantial amount to the company's revenue. Swimwear and other items make up the remaining revenue. The company sells its products through exclusive brand stores, some of which are run by franchisees, large-format stores, multibrand stores, and its e-commerce channel. The company's segments are; Innerwear and leisurewear which derives key revenue, and others. Geographically, the majority of the company's revenue is generated within India.
100GF Score
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