Sundaram Multi Pap (NSE:SUNDARAM) Receivables Turnover: 3.29 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SUNDARAM Sundaram Multi Pap Ltd NSE:SUNDARAM
68 GF Score
Price ₹1.25
GF Value ₹2.84
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Sundaram Multi Pap Receivables Turnover?

Sundaram Multi Pap NSE:SUNDARAM +1.63% 68 Receivables Turnover is 3.29 as of Mar. 2026. GuruFocus rates NSE:SUNDARAM with a GF Score™ of 68/100 and a GF Value™ of ₹2.84 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 281 Forest Products companies, Sundaram Multi Pap ranks better than 68.68% 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. Sundaram Multi Pap's Revenue for the three months ended in Mar. 2026 was ₹443 Mil. Sundaram Multi Pap's average Accounts Receivable for the three months ended in Mar. 2026 was ₹135 Mil. Hence, Sundaram Multi Pap's Receivables Turnover for the three months ended in Mar. 2026 was 3.29.


Sundaram Multi Pap  (NSE:SUNDARAM) 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.


Sundaram Multi Pap Receivables Turnover Related Terms


Sundaram Multi Pap Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sundaram Multi Pap'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.

Sundaram Multi Pap Receivables Turnover Chart

Sundaram Multi Pap 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 4.22 8.04 10.38 9.59 9.74

Sundaram Multi Pap 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 2.70 2.77 1.40 1.40 3.29

Sundaram Multi Pap Receivables Turnover Competitor Comparison

For the Paper & Paper Products subindustry, Sundaram Multi Pap'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.


Sundaram Multi Pap Receivables Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sundaram Multi Pap's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sundaram Multi Pap's Receivables Turnover falls into.


NSE:SUNDARAM
68GF Score
Sundaram Multi Pap Ltd NSE:SUNDARAM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sundaram Multi Pap Receivables Turnover Calculation

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

Sundaram Multi Pap'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 )
=1371.125 / ((146.881 + 134.665) / 2 )
=1371.125 / 140.773
=9.74

Sundaram Multi Pap'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 )
=443.499 / ((0 + 134.665) / 1 )
=443.499 / 134.665
=3.29

* 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 3.29 mean?
Sundaram Multi Pap (NSE:SUNDARAM) has a Receivables Turnover of 3.29 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 Sundaram Multi Pap and its competitors. According to the industry distribution chart, Sundaram Multi Pap ranks #88 out of 281 companies in the Forest Products industry, placing it in the top 31.3%.
Is Sundaram Multi Pap's Receivables Turnover too high?
Sundaram Multi Pap's current Receivables Turnover is 3.29. The Forest Products industry median Receivables Turnover is 6.69. Sundaram Multi Pap's value of 3.29 is 50.8% below this industry median. Based on the distribution chart, Sundaram Multi Pap ranks #88 out of 281 companies in the Forest Products industry, which is above the industry midpoint. Overall, Sundaram Multi Pap has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sundaram Multi Pap's Receivables Turnover compare to competitors?
According to the Forest Products industry distribution chart, Sundaram Multi Pap ranks #88 out of 281 companies for Receivables Turnover. This puts Sundaram Multi Pap in the upper half of its industry. The industry median Receivables Turnover is 6.69. Sundaram Multi Pap's value of 3.29 is 50.8% 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 Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.69, based on 281 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. Sundaram Multi Pap's current Receivables Turnover of 3.29 is 50.8% 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 Sundaram Multi Pap and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sundaram Multi Pap's current Receivables Turnover is 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sundaram Multi Pap stock overvalued right now?
Based on GuruFocus' analysis, Sundaram Multi Pap (NSE:SUNDARAM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2.84, compared to a current price of ₹1.25 — trading 56% below its estimated fair value. The current Receivables Turnover is 3.29 and 50.8% below the Forest Products industry median of 6.69. Sundaram Multi Pap's overall GF Score™ is 68/100 with 3 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 Sundaram Multi Pap (NSE:SUNDARAM), the current Receivables Turnover is 3.29 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 Sundaram Multi Pap (NSE:SUNDARAM) Overvalued in 2026?

Based on GuruFocus' analysis, Sundaram Multi Pap stock appears to be undervalued. The current stock price of ₹1.25 is trading 56% below its estimated GF Value™ of ₹2.84. GuruFocus considers Sundaram Multi Pap to be Significantly Undervalued.

Key valuation signals for NSE:SUNDARAM:

  • Receivables Turnover: 3.29
  • GF Value™: ₹2.84 vs. price of ₹1.25 (56% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 50.8% below the Forest Products median (#88 of 281)

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


Sundaram Multi Pap Business Description

Other Exchanges 533166:India
Address Suren Road, Andheri Kurla Road, Unit No. 5/6, Ground Floor, Papa Industrial Estate, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Sundaram Multi Pap Ltd is a manufacturer of paper and stationery products in India. The company designs, manufactures, and markets paper stationery products. The products include exercise notebooks, long books, notepads, scrapbooks, drawing books, and graph books for students of all ages, as well as office or corporate stationery products and printing, writing, and packaging paper. In addition, the company is also engaged in the business of e-learning.
68GF Score

Get the complete analysis for NSE:SUNDARAM

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

₹1.25
Price
₹2.84
GF Value