Sunlite Recycling Industries (NSE:SUNLITE) Receivables Turnover: 45.16 (As of Mar. 2026)

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NSE:SUNLITE Sunlite Recycling Industries Ltd NSE:SUNLITE
46 GF Score
Price ₹417.55
! 1 Warning Sign
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What is Sunlite Recycling Industries Receivables Turnover?

Sunlite Recycling Industries NSE:SUNLITE +0.37% 46 Receivables Turnover is 45.16 as of Mar. 2026. GuruFocus rates NSE:SUNLITE with a GF Score™ of 46/100. The stock has 1 warning sign investors should review. Among 3,032 Industrial Products companies, Sunlite Recycling Industries ranks better than 99.77% 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. Sunlite Recycling Industries's Revenue for the six months ended in Mar. 2026 was ₹16,688 Mil. Sunlite Recycling Industries's average Accounts Receivable for the six months ended in Mar. 2026 was ₹369 Mil. Hence, Sunlite Recycling Industries's Receivables Turnover for the six months ended in Mar. 2026 was 45.16.


Sunlite Recycling Industries  (NSE:SUNLITE) 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.


Sunlite Recycling Industries Receivables Turnover Related Terms


Sunlite Recycling Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sunlite Recycling 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.

Sunlite Recycling Industries Receivables Turnover Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 158.31 137.49 89.74 82.86 126.02

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 39.24 35.11 36.59 32.73 45.16

NSE:SUNLITE vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Sunlite Recycling 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.


Sunlite Recycling Industries Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunlite Recycling Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sunlite Recycling Industries's Receivables Turnover falls into.


NSE:SUNLITE
46GF Score
Sunlite Recycling Industries Ltd NSE:SUNLITE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlite Recycling Industries Receivables Turnover Calculation

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

Sunlite Recycling 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 )
=27910.992 / ((194.875 + 248.095) / 2 )
=27910.992 / 221.485
=126.02

Sunlite Recycling 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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=16687.886 / ((490.882 + 248.095) / 2 )
=16687.886 / 369.4885
=45.16

* 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 45.16 mean?
Sunlite Recycling Industries (NSE:SUNLITE) has a Receivables Turnover of 45.16 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 Sunlite Recycling Industries and its competitors. According to the industry distribution chart, Sunlite Recycling Industries ranks #7 out of 3032 companies in the Industrial Products industry, placing it in the top 0.2%.
Is Sunlite Recycling Industries' Receivables Turnover too high?
Sunlite Recycling Industries' current Receivables Turnover is 45.16. The Industrial Products industry median Receivables Turnover is 4.45. Sunlite Recycling Industries' value of 45.16 is 914.8% above this industry median. Based on the distribution chart, Sunlite Recycling Industries ranks #7 out of 3032 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sunlite Recycling Industries has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #7 out of 3032 companies for Receivables Turnover. This places Sunlite Recycling Industries in the top 0% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. Sunlite Recycling Industries' value of 45.16 is 914.8% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,032 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. Sunlite Recycling Industries's current Receivables Turnover of 45.16 is 914.8% 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 Sunlite Recycling Industries 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. Sunlite Recycling Industries's current Receivables Turnover is 45.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Receivables Turnover of 45.16. The current Receivables Turnover is 45.16 and 914.8% above the Industrial Products industry median of 4.45. Sunlite Recycling Industries' overall GF Score™ is 46/100 with 1 warning sign 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 Sunlite Recycling Industries (NSE:SUNLITE), the current Receivables Turnover is 45.16 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.

Sunlite Recycling Industries Business Description

Address Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Dantali, Vaso, Kheda, GJ, IND, 387350
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
46GF Score

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