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Speb AdhesivesNSE:SPEB 22 Receivables Turnover is 2.77 as of Mar. 2026. GuruFocus rates NSE:SPEB with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 1,581 Chemicals companies, Speb Adhesives ranks better than 53.83% 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. Speb Adhesives's Revenue for the
six
months ended in Mar. 2026 was ₹258.0 Mil. Speb Adhesives's average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹93.2 Mil.
Hence, Speb Adhesives's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.77.
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.
Speb Adhesives Receivables Turnover Related Terms
Speb Adhesives Receivables Turnover Historical Data
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The historical data trend for Speb Adhesives'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:SPEB vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Speb Adhesives'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.
Speb Adhesives Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Speb Adhesives's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Speb Adhesives'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.
Speb Adhesives (NSE:SPEB) has a Receivables Turnover of 2.77 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 Speb Adhesives and its competitors. According to the industry distribution chart, Speb Adhesives ranks #730 out of 1581 companies in the Chemicals industry, placing it in the top 46.2%.
Is Speb Adhesives' Receivables Turnover too high?
Speb Adhesives' current Receivables Turnover is 2.77. The Chemicals industry median Receivables Turnover is 5.66. Speb Adhesives' value of 2.77 is 51.1% below this industry median. Based on the distribution chart, Speb Adhesives ranks #730 out of 1581 companies in the Chemicals industry, which is above the industry midpoint. Overall, Speb Adhesives has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Speb Adhesives' Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Speb Adhesives ranks #730 out of 1581 companies for Receivables Turnover. This puts Speb Adhesives in the upper half of its industry. The industry median Receivables Turnover is 5.66. Speb Adhesives' value of 2.77 is 51.1% 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 5.66, based on 1,581 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. Speb Adhesives's current Receivables Turnover of 2.77 is 51.1% 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 Speb Adhesives and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speb Adhesives's current Receivables Turnover is 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speb Adhesives stock overvalued right now?
Speb Adhesives (NSE:SPEB) has a current Receivables Turnover of 2.77. The current Receivables Turnover is 2.77 and 51.1% below the Chemicals industry median of 5.66. Speb Adhesives' overall GF Score™ is 22/100 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 Speb Adhesives (NSE:SPEB), the current Receivables Turnover is 2.77 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.
Speb Adhesives Ltd is engaged in the manufacturing of solvent-based synthetic rubber adhesives and offers water-based adhesives. The company focuses on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its product portfolio includes various products customized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Sets. The company operates a B2B model through three business channels: dealer-distribution network, industrial sales, and government supply contracts. It generates the majority of its revenue from overseas markets.
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