Spencers Retail (NSE:SPENCERS) Receivables Turnover: 18.83 (As of Jun. 2026)

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NSE:SPENCERS Spencers Retail Ltd NSE:SPENCERS
51 GF Score
Price ₹30.40
GF Value ₹57.66
Valuation Possible Value Trap
! 4 Warning Signs
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What is Spencers Retail Receivables Turnover?

Spencers Retail NSE:SPENCERS -0.43% 51 Receivables Turnover is 18.83 as of Jun. 2026. GuruFocus rates NSE:SPENCERS with a GF Score™ of 51/100 and a GF Value™ of ₹57.66 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Spencers Retail ranks better than 81.86% 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. Spencers Retail's Revenue for the three months ended in Jun. 2026 was ₹4,695 Mil. Spencers Retail's average Accounts Receivable for the three months ended in Jun. 2026 was ₹249 Mil. Hence, Spencers Retail's Receivables Turnover for the three months ended in Jun. 2026 was 18.83.


Spencers Retail  (NSE:SPENCERS) 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.


Spencers Retail Receivables Turnover Related Terms


Spencers Retail Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Spencers Retail'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.

Spencers Retail Receivables Turnover Chart

Spencers Retail Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 79.29 102.11 100.38 91.63 83.35

Spencers Retail Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.77 16.61 18.76 17.49 18.83

NSE:SPENCERS vs DDS, M: Receivables Turnover Comparison

For the Department Stores subindustry, Spencers Retail'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.


Spencers Retail Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Spencers Retail's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Spencers Retail's Receivables Turnover falls into.


NSE:SPENCERS
51GF Score
Spencers Retail Ltd NSE:SPENCERS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Spencers Retail Receivables Turnover Calculation

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

Spencers Retail'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 )
=17999.983 / ((182.596 + 249.336) / 2 )
=17999.983 / 215.966
=83.35

Spencers Retail's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=4694.733 / ((249.336 + 0) / 1 )
=4694.733 / 249.336
=18.83

* 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 18.83 mean?
Spencers Retail (NSE:SPENCERS) has a Receivables Turnover of 18.83 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 Spencers Retail and its competitors. According to the industry distribution chart, Spencers Retail ranks #201 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 18.1%.
Is Spencers Retail's Receivables Turnover too high?
Spencers Retail's current Receivables Turnover is 18.83. The Retail - Cyclical industry median Receivables Turnover is 20.26. Spencers Retail's value of 18.83 is 7.1% below this industry median. Based on the distribution chart, Spencers Retail ranks #201 out of 1108 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Spencers Retail has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spencers Retail's Receivables Turnover compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Spencers Retail ranks #201 out of 1108 companies for Receivables Turnover. This places Spencers Retail in the top 18% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 20.26. Spencers Retail's value of 18.83 is 7.1% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 20.26, based on 1,108 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. Spencers Retail's current Receivables Turnover of 18.83 is 7.1% 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 Spencers Retail and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 20.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spencers Retail's current Receivables Turnover is 18.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spencers Retail stock overvalued right now?
Based on GuruFocus' analysis, Spencers Retail (NSE:SPENCERS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.66, compared to a current price of ₹30.40 — trading 47.3% below its estimated fair value. The current Receivables Turnover is 18.83 and 7.1% below the Retail - Cyclical industry median of 20.26. Spencers Retail's overall GF Score™ is 51/100 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 Spencers Retail (NSE:SPENCERS), the current Receivables Turnover is 18.83 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 Spencers Retail (NSE:SPENCERS) Overvalued in 2026?

Based on GuruFocus' analysis, Spencers Retail stock appears to be undervalued. The current stock price of ₹30.40 is trading 47.3% below its estimated GF Value™ of ₹57.66. GuruFocus considers Spencers Retail to be Possible Value Trap.

Key valuation signals for NSE:SPENCERS:

  • Receivables Turnover: 18.83
  • GF Value™: ₹57.66 vs. price of ₹30.40 (47.3% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 7.1% below the Retail - Cyclical median (#201 of 1108)

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


Spencers Retail Business Description

Other Exchanges 542337:India
Address 2/4, Judges Court Road, RPSG House, Kolkata, WB, IND, 700027
Spencers Retail Ltd is engaged in the retailing of goods and caters to the domestic market. The company is engaged in developing, conducting, investing, and promoting organized retail and operates departmental stores. The company provides a wide across categories such as food, personal care, fashion, home essentials, electrical, and electronics while its specialty section covers Spencer's gourmet, patisserie, wine, and liquor. The group operates only in India.
51GF Score

Get the complete analysis for NSE:SPENCERS

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

₹30.40
Price
₹57.66
GF Value