Shivalic Power Control (NSE:SPCL) Receivables Turnover: 2.02 (As of Mar. 2026)

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NSE:SPCL Shivalic Power Control Ltd NSE:SPCL
46 GF Score
Price ₹68.85
! 5 Warning Signs
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What is Shivalic Power Control Receivables Turnover?

Shivalic Power Control NSE:SPCL -3.71% 46 Receivables Turnover is 2.02 as of Mar. 2026. GuruFocus rates NSE:SPCL with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 3,028 Industrial Products companies, Shivalic Power Control ranks worse than 63.87% 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. Shivalic Power Control's Revenue for the six months ended in Mar. 2026 was ₹1,012 Mil. Shivalic Power Control's average Accounts Receivable for the six months ended in Mar. 2026 was ₹500 Mil. Hence, Shivalic Power Control's Receivables Turnover for the six months ended in Mar. 2026 was 2.02.


Shivalic Power Control  (NSE:SPCL) 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.


Shivalic Power Control Receivables Turnover Related Terms


Shivalic Power Control Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Shivalic Power Control'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.

Shivalic Power Control Receivables Turnover Chart

Shivalic Power Control Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 6.65 6.18 4.27 4.19 3.59

Shivalic Power Control Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 2.05 1.54 2.49 1.54 2.02

NSE:SPCL vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Shivalic Power Control'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.


Shivalic Power Control Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shivalic Power Control's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shivalic Power Control's Receivables Turnover falls into.


NSE:SPCL
46GF Score
Shivalic Power Control Ltd NSE:SPCL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shivalic Power Control Receivables Turnover Calculation

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

Shivalic Power Control'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 )
=1553.958 / ((285.29 + 579.834) / 2 )
=1553.958 / 432.562
=3.59

Shivalic Power Control'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 )
=1011.751 / ((419.856 + 579.834) / 2 )
=1011.751 / 499.845
=2.02

* 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 2.02 mean?
Shivalic Power Control (NSE:SPCL) has a Receivables Turnover of 2.02 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 Shivalic Power Control and its competitors. According to the industry distribution chart, Shivalic Power Control ranks #1934 out of 3028 companies in the Industrial Products industry, placing it in the top 63.9%.
Is Shivalic Power Control's Receivables Turnover too high?
Shivalic Power Control's current Receivables Turnover is 2.02. The Industrial Products industry median Receivables Turnover is 4.45. Shivalic Power Control's value of 2.02 is 54.6% below this industry median. Based on the distribution chart, Shivalic Power Control ranks #1934 out of 3028 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shivalic Power Control has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Shivalic Power Control's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shivalic Power Control ranks #1934 out of 3028 companies for Receivables Turnover. This places Shivalic Power Control in the lower half of its industry. The industry median Receivables Turnover is 4.45. Shivalic Power Control's value of 2.02 is 54.6% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. Shivalic Power Control's current Receivables Turnover of 2.02 is 54.6% 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 Shivalic Power Control and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivalic Power Control's current Receivables Turnover is 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivalic Power Control stock overvalued right now?
Shivalic Power Control (NSE:SPCL) has a current Receivables Turnover of 2.02. The current Receivables Turnover is 2.02 and 54.6% below the Industrial Products industry median of 4.45. Shivalic Power Control's overall GF Score™ is 46/100 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 Shivalic Power Control (NSE:SPCL), the current Receivables Turnover is 2.02 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.

Shivalic Power Control Business Description

Address Plot No. 72, Sector- 68, IMT, Ballabgarh, Faridabad, HR, IND, 121004
Shivalic Power Control Ltd is an ISO-certified LT and HT electric panel manufacturer. It is a technology-driven company with focus on quality, design and product development, which has allowed the company to develop products suited to its customers' requirements. The company has a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD , Power Distribution Boards, Bus Duct and LT & HT APFC Panels.
46GF Score

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