Thaai Casting (NSE:TCL) Receivables Turnover: 3.24 (As of Mar. 2026)

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NSE:TCL Thaai Casting Ltd NSE:TCL
42 GF Score
Price ₹112.50
! 8 Warning Signs
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What is Thaai Casting Receivables Turnover?

Thaai Casting NSE:TCL -1.75% 42 Receivables Turnover is 3.24 as of Mar. 2026. GuruFocus rates NSE:TCL with a GF Score™ of 42/100. The stock has 8 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Thaai Casting ranks worse than 53.76% 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. Thaai Casting's Revenue for the six months ended in Mar. 2026 was ₹833 Mil. Thaai Casting's average Accounts Receivable for the six months ended in Mar. 2026 was ₹257 Mil. Hence, Thaai Casting's Receivables Turnover for the six months ended in Mar. 2026 was 3.24.


Thaai Casting  (NSE:TCL) 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.


Thaai Casting Receivables Turnover Related Terms


Thaai Casting Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Thaai Casting'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.

Thaai Casting Receivables Turnover Chart

Thaai Casting Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 6.99 6.01 6.68 7.99 4.38

Thaai Casting Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial 0.00 2.92 2.79 2.79 3.24

NSE:TCL vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Thaai Casting'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.


Thaai Casting Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thaai Casting's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Thaai Casting's Receivables Turnover falls into.


NSE:TCL
42GF Score
Thaai Casting Ltd NSE:TCL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thaai Casting Receivables Turnover Calculation

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

Thaai Casting'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 )
=1222.05 / ((245.322 + 312.938) / 2 )
=1222.05 / 279.13
=4.38

Thaai Casting'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 )
=833.282 / ((200.745 + 312.938) / 2 )
=833.282 / 256.8415
=3.24

* 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 3.24 mean?
Thaai Casting (NSE:TCL) has a Receivables Turnover of 3.24 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 Thaai Casting and its competitors. According to the industry distribution chart, Thaai Casting ranks #707 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 53.8%.
Is Thaai Casting's Receivables Turnover too high?
Thaai Casting's current Receivables Turnover is 3.24. The Vehicles & Parts industry median Receivables Turnover is 5.99. Thaai Casting's value of 3.24 is 45.9% below this industry median. Based on the distribution chart, Thaai Casting ranks #707 out of 1315 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Thaai Casting has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Thaai Casting's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thaai Casting ranks #707 out of 1315 companies for Receivables Turnover. This places Thaai Casting in the lower half of its industry. The industry median Receivables Turnover is 5.99. Thaai Casting's value of 3.24 is 45.9% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Thaai Casting's current Receivables Turnover of 3.24 is 45.9% 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 Thaai Casting and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaai Casting's current Receivables Turnover is 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaai Casting stock overvalued right now?
Thaai Casting (NSE:TCL) has a current Receivables Turnover of 3.24. The current Receivables Turnover is 3.24 and 45.9% below the Vehicles & Parts industry median of 5.99. Thaai Casting's overall GF Score™ is 42/100 with 8 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 Thaai Casting (NSE:TCL), the current Receivables Turnover is 3.24 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.

Thaai Casting Business Description

Address 7th Cross Street, No. A-20 SIPCOT Industrial Park, Pillaipakkam, Tiruvallur, Sriperumbudur, TN, IND, 602105
Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.
42GF Score

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

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