Rite Zone Chemcon India (NSE:RITEZONE) Receivables Turnover: 1.03 (As of Mar. 2026)

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NSE:RITEZONE Rite Zone Chemcon India Ltd NSE:RITEZONE
77 GF Score
Price ₹17.90
GF Value ₹42.93
Valuation Possible Value Trap
! 4 Warning Signs
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What is Rite Zone Chemcon India Receivables Turnover?

Rite Zone Chemcon India NSE:RITEZONE +4.99% 77 Receivables Turnover is 1.03 as of Mar. 2026. GuruFocus rates NSE:RITEZONE with a GF Score™ of 77/100 and a GF Value™ of ₹42.93 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,583 Chemicals companies, Rite Zone Chemcon India ranks worse than 96.53% 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. Rite Zone Chemcon India's Revenue for the six months ended in Mar. 2026 was ₹137.9 Mil. Rite Zone Chemcon India's average Accounts Receivable for the six months ended in Mar. 2026 was ₹134.3 Mil. Hence, Rite Zone Chemcon India's Receivables Turnover for the six months ended in Mar. 2026 was 1.03.


Rite Zone Chemcon India  (NSE:RITEZONE) 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.


Rite Zone Chemcon India Receivables Turnover Related Terms


Rite Zone Chemcon India Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Rite Zone Chemcon 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.

Rite Zone Chemcon India Receivables Turnover Chart

Rite Zone Chemcon India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 0.76 2.47 2.60 2.21 1.97

Rite Zone Chemcon India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.53 1.22 0.95 0.89 1.03

NSE:RITEZONE vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Rite Zone Chemcon 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.


Rite Zone Chemcon India Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rite Zone Chemcon India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Rite Zone Chemcon India's Receivables Turnover falls into.


NSE:RITEZONE
77GF Score
Rite Zone Chemcon India Ltd NSE:RITEZONE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rite Zone Chemcon India Receivables Turnover Calculation

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

Rite Zone Chemcon India'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 )
=255.443 / ((126.788 + 131.938) / 2 )
=255.443 / 129.363
=1.97

Rite Zone Chemcon India'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=137.934 / ((136.575 + 131.938) / 2 )
=137.934 / 134.2565
=1.03

* 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 1.03 mean?
Rite Zone Chemcon India (NSE:RITEZONE) has a Receivables Turnover of 1.03 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 Rite Zone Chemcon India and its competitors. According to the industry distribution chart, Rite Zone Chemcon India ranks #1528 out of 1583 companies in the Chemicals industry, placing it in the top 96.5%.
Is Rite Zone Chemcon India's Receivables Turnover too high?
Rite Zone Chemcon India's current Receivables Turnover is 1.03. The Chemicals industry median Receivables Turnover is 5.76. Rite Zone Chemcon India's value of 1.03 is 82.1% below this industry median. Based on the distribution chart, Rite Zone Chemcon India ranks #1528 out of 1583 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Rite Zone Chemcon India has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rite Zone Chemcon India's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rite Zone Chemcon India ranks #1528 out of 1583 companies for Receivables Turnover. This places Rite Zone Chemcon India in the lower half of its industry. The industry median Receivables Turnover is 5.76. Rite Zone Chemcon India's value of 1.03 is 82.1% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.76, based on 1,583 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. Rite Zone Chemcon India's current Receivables Turnover of 1.03 is 82.1% 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 Rite Zone Chemcon India and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rite Zone Chemcon India's current Receivables Turnover is 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rite Zone Chemcon India stock overvalued right now?
Based on GuruFocus' analysis, Rite Zone Chemcon India (NSE:RITEZONE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹42.93, compared to a current price of ₹17.90 — trading 58.3% below its estimated fair value. The current Receivables Turnover is 1.03 and 82.1% below the Chemicals industry median of 5.76. Rite Zone Chemcon India's overall GF Score™ is 77/100 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 Rite Zone Chemcon India (NSE:RITEZONE), the current Receivables Turnover is 1.03 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 Rite Zone Chemcon India (NSE:RITEZONE) Overvalued in 2026?

Based on GuruFocus' analysis, Rite Zone Chemcon India stock appears to be undervalued. The current stock price of ₹17.90 is trading 58.3% below its estimated GF Value™ of ₹42.93. GuruFocus considers Rite Zone Chemcon India to be Possible Value Trap.

Key valuation signals for NSE:RITEZONE:

  • Receivables Turnover: 1.03
  • GF Value™: ₹42.93 vs. price of ₹17.90 (58.3% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 82.1% below the Chemicals median (#1528 of 1583)

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


Rite Zone Chemcon India Business Description

Address Row House 11, Beverly Park, Row House co-operative housing society Ltd, Mira Road, Thane, MH, IND, 401107
Rite Zone Chemcon India Ltd deals in a range of construction chemicals and concrete products. The company offers complete construction solutions by supplying a complete range of various chemical products related to civil construction, infrastructure, building and structure including pre-construction or post construction as well as supplying all types of concrete required for construction and infrastructure developments.
77GF Score

Get the complete analysis for NSE:RITEZONE

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

₹17.90
Price
₹42.93
GF Value