Southern Petrochemicals Industries (NSE:SPIC) Receivables Turnover: 41.61 (As of Mar. 2026)

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NSE:SPIC Southern Petrochemicals Industries Corp Ltd NSE:SPIC
76 GF Score
Price ₹64.78
GF Value ₹392.55
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Southern Petrochemicals Industries Receivables Turnover?

Southern Petrochemicals Industries NSE:SPIC -1.31% 76 Receivables Turnover is 41.61 as of Mar. 2026. GuruFocus rates NSE:SPIC with a GF Score™ of 76/100 and a GF Value™ of ₹392.55 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 245 Agriculture companies, Southern Petrochemicals Industries ranks better than 99.18% 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. Southern Petrochemicals Industries's Revenue for the three months ended in Mar. 2026 was ₹5,793 Mil. Southern Petrochemicals Industries's average Accounts Receivable for the three months ended in Mar. 2026 was ₹139 Mil. Hence, Southern Petrochemicals Industries's Receivables Turnover for the three months ended in Mar. 2026 was 41.61.


Southern Petrochemicals Industries  (NSE:SPIC) 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.


Southern Petrochemicals Industries Receivables Turnover Related Terms


Southern Petrochemicals Industries Receivables Turnover Historical Data

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The historical data trend for Southern Petrochemicals Industries'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.

Southern Petrochemicals Industries Receivables Turnover Chart

Southern Petrochemicals Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.58 99.46 29.86 205.19 224.89

Southern Petrochemicals Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 61.35 63.54 86.47 81.87 41.61

NSE:SPIC vs CTVA, CF, MOS: Receivables Turnover Comparison

For the Agricultural Inputs subindustry, Southern Petrochemicals Industries'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.


Southern Petrochemicals Industries Receivables Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Southern Petrochemicals Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Southern Petrochemicals Industries's Receivables Turnover falls into.


NSE:SPIC
76GF Score
Southern Petrochemicals Industries Corp Ltd NSE:SPIC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Petrochemicals Industries Receivables Turnover Calculation

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

Southern Petrochemicals Industries'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 )
=29404.5 / ((122.3 + 139.2) / 2 )
=29404.5 / 130.75
=224.89

Southern Petrochemicals Industries'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=5792.5 / ((0 + 139.2) / 1 )
=5792.5 / 139.2
=41.61

* 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 41.61 mean?
Southern Petrochemicals Industries (NSE:SPIC) has a Receivables Turnover of 41.61 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 Southern Petrochemicals Industries and its competitors. According to the industry distribution chart, Southern Petrochemicals Industries ranks #2 out of 245 companies in the Agriculture industry, placing it in the top 0.8%.
Is Southern Petrochemicals Industries' Receivables Turnover too high?
Southern Petrochemicals Industries' current Receivables Turnover is 41.61. The Agriculture industry median Receivables Turnover is 5.43. Southern Petrochemicals Industries' value of 41.61 is 666.3% above this industry median. Based on the distribution chart, Southern Petrochemicals Industries ranks #2 out of 245 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Petrochemicals Industries has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Petrochemicals Industries' Receivables Turnover compare to CTVA and CF?
According to the Agriculture industry distribution chart, Southern Petrochemicals Industries ranks #2 out of 245 companies for Receivables Turnover. This places Southern Petrochemicals Industries in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.43. Southern Petrochemicals Industries' value of 41.61 is 666.3% above 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 Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.43, based on 245 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. Southern Petrochemicals Industries's current Receivables Turnover of 41.61 is 666.3% above 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 Southern Petrochemicals Industries and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Petrochemicals Industries's current Receivables Turnover is 41.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Petrochemicals Industries stock overvalued right now?
Based on GuruFocus' analysis, Southern Petrochemicals Industries (NSE:SPIC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹392.55, compared to a current price of ₹64.78 — trading 83.5% below its estimated fair value. The current Receivables Turnover is 41.61 and 666.3% above the Agriculture industry median of 5.43. Southern Petrochemicals Industries' overall GF Score™ is 76/100 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 Southern Petrochemicals Industries (NSE:SPIC), the current Receivables Turnover is 41.61 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 Southern Petrochemicals Industries (NSE:SPIC) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Petrochemicals Industries stock appears to be undervalued. The current stock price of ₹64.78 is trading 83.5% below its estimated GF Value™ of ₹392.55. GuruFocus considers Southern Petrochemicals Industries to be Significantly Undervalued.

Key valuation signals for NSE:SPIC:

  • Receivables Turnover: 41.61
  • GF Value™: ₹392.55 vs. price of ₹64.78 (83.5% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 666.3% above the Agriculture median (#2 of 245)

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


Southern Petrochemicals Industries Business Description

Address Mount Road, Number 88, SPIC House, Guindy, Chennai, TN, IND, 600 032
Southern Petrochemicals Industries Corp Ltd is a manufacturer and seller of nitrogenous and phosphatic fertilizers, including urea and neem-coated urea. The company operates a large fertilizer complex in Tuticorin, Tamil Nadu, capable of producing substantial volumes to support agricultural productivity across India. SPIC also provides secondary and micronutrient fertilizers, organic fertilizers, biopesticides, and plant growth regulators to enrich soil and crop health. Its industrial by-products, such as phosphoric acid and sulfuric acid, serve other sectors like cement and aluminum production. Revenue is majorly generated from the sale of fertilizer products through an extensive dealer network serving rural and farming communities nationwide.
76GF Score

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

₹64.78
Price
₹392.55
GF Value