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Shri TechtexNSE:SHRITECH -4.61%68 Receivables Turnover is 2.72 as of Mar. 2026. GuruFocus rates NSE:SHRITECH with a GF Score™ of 68/100 and a GF Value™ of ₹78.63 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,036 Manufacturing - Apparel & Accessories companies, Shri Techtex ranks worse than 78.19% 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. Shri Techtex's Revenue for the
six
months ended in Mar. 2026 was ₹471.4 Mil. Shri Techtex's average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹173.4 Mil.
Hence, Shri Techtex's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.72.
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.
Shri Techtex Receivables Turnover Related Terms
Shri Techtex Receivables Turnover Historical Data
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The historical data trend for Shri Techtex'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.
For the Textile Manufacturing subindustry, Shri Techtex'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.
Shri Techtex Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shri Techtex's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shri Techtex'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.
Shri Techtex (NSE:SHRITECH) has a Receivables Turnover of 2.72 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 Shri Techtex and its competitors. According to the industry distribution chart, Shri Techtex ranks #810 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 78.2%.
Is Shri Techtex's Receivables Turnover too high?
Shri Techtex's current Receivables Turnover is 2.72. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.88. Shri Techtex's value of 2.72 is 60.4% below this industry median. Based on the distribution chart, Shri Techtex ranks #810 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shri Techtex has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Techtex's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shri Techtex ranks #810 out of 1036 companies for Receivables Turnover. This places Shri Techtex in the lower half of its industry. The industry median Receivables Turnover is 6.88. Shri Techtex's value of 2.72 is 60.4% 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 6.88, based on 1,036 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. Shri Techtex's current Receivables Turnover of 2.72 is 60.4% 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 Shri Techtex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Techtex's current Receivables Turnover is 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Techtex stock overvalued right now?
Based on GuruFocus' analysis, Shri Techtex (NSE:SHRITECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹78.63, compared to a current price of ₹60.05 — trading 23.6% below its estimated fair value. The current Receivables Turnover is 2.72 and 60.4% below the Manufacturing - Apparel & Accessories industry median of 6.88. Shri Techtex's overall GF Score™ is 68/100 with 5 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 Shri Techtex (NSE:SHRITECH), the current Receivables Turnover is 2.72 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 Shri Techtex (NSE:SHRITECH) Overvalued in 2026?
Based on GuruFocus' analysis, Shri Techtex stock appears to be undervalued.
The current stock price of ₹60.05 is trading 23.6% below its estimated GF Value™ of ₹78.63.
GuruFocus considers Shri Techtex to be Modestly Undervalued.
Key valuation signals for NSE:SHRITECH:
Receivables Turnover: 2.72
GF Value™: ₹78.63 vs. price of ₹60.05 (23.6% below fair value)
Industry Position: 60.4% below the Manufacturing - Apparel & Accessories median (#810 of 1036)
No single metric tells the full story. See the NSE:SHRITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shri Techtex Ltd is engaged in the business of manufacturing of technical textile. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.
68GF Score
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