Thinking Hats Entertainment Solutions (NSE:THESL) Receivables Turnover: 1.70 (As of Mar. 2026)

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NSE:THESL Thinking Hats Entertainment Solutions Ltd NSE:THESL
16 GF Score
Price ₹19.00
! 7 Warning Signs
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What is Thinking Hats Entertainment Solutions Receivables Turnover?

Thinking Hats Entertainment Solutions NSE:THESL +4.97% 16 Receivables Turnover is 1.70 as of Mar. 2026. GuruFocus rates NSE:THESL with a GF Score™ of 16/100. The stock has 7 warning signs investors should review. Among 1,005 Media - Diversified companies, Thinking Hats Entertainment Solutions ranks worse than 85.27% 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. Thinking Hats Entertainment Solutions's Revenue for the six months ended in Mar. 2026 was ₹151.6 Mil. Thinking Hats Entertainment Solutions's average Accounts Receivable for the six months ended in Mar. 2026 was ₹89.2 Mil. Hence, Thinking Hats Entertainment Solutions's Receivables Turnover for the six months ended in Mar. 2026 was 1.70.


Thinking Hats Entertainment Solutions  (NSE:THESL) 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.


Thinking Hats Entertainment Solutions Receivables Turnover Related Terms


Thinking Hats Entertainment Solutions Receivables Turnover Historical Data

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The historical data trend for Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions Receivables Turnover Chart

Thinking Hats Entertainment Solutions Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
3.73 4.83 3.34 4.29 1.97

Thinking Hats Entertainment Solutions Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial 0.00 3.95 3.16 0.90 1.70

NSE:THESL vs APP, OMC, TTD: Receivables Turnover Comparison

For the Advertising Agencies subindustry, Thinking Hats Entertainment Solutions'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.


Thinking Hats Entertainment Solutions Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thinking Hats Entertainment Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Thinking Hats Entertainment Solutions's Receivables Turnover falls into.


NSE:THESL
16GF Score
Thinking Hats Entertainment Solutions Ltd NSE:THESL
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Thinking Hats Entertainment Solutions Receivables Turnover Calculation

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

Thinking Hats Entertainment Solutions'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 )
=235.225 / ((123.499 + 115.861) / 2 )
=235.225 / 119.68
=1.97

Thinking Hats Entertainment Solutions'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 )
=151.587 / ((62.62 + 115.861) / 2 )
=151.587 / 89.2405
=1.70

* 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 1.70 mean?
Thinking Hats Entertainment Solutions (NSE:THESL) has a Receivables Turnover of 1.70 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 Thinking Hats Entertainment Solutions and its competitors. According to the industry distribution chart, Thinking Hats Entertainment Solutions ranks #857 out of 1005 companies in the Media - Diversified industry, placing it in the top 85.3%.
Is Thinking Hats Entertainment Solutions' Receivables Turnover too high?
Thinking Hats Entertainment Solutions' current Receivables Turnover is 1.70. The Media - Diversified industry median Receivables Turnover is 5.34. Thinking Hats Entertainment Solutions' value of 1.70 is 68.2% below this industry median. Based on the distribution chart, Thinking Hats Entertainment Solutions ranks #857 out of 1005 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Thinking Hats Entertainment Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Thinking Hats Entertainment Solutions' Receivables Turnover compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Thinking Hats Entertainment Solutions ranks #857 out of 1005 companies for Receivables Turnover. This places Thinking Hats Entertainment Solutions in the lower half of its industry. The industry median Receivables Turnover is 5.34. Thinking Hats Entertainment Solutions' value of 1.70 is 68.2% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.34, based on 1,005 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. Thinking Hats Entertainment Solutions's current Receivables Turnover of 1.70 is 68.2% 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 Thinking Hats Entertainment Solutions and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Hats Entertainment Solutions's current Receivables Turnover is 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Hats Entertainment Solutions stock overvalued right now?
Thinking Hats Entertainment Solutions (NSE:THESL) has a current Receivables Turnover of 1.70. The current Receivables Turnover is 1.70 and 68.2% below the Media - Diversified industry median of 5.34. Thinking Hats Entertainment Solutions' overall GF Score™ is 16/100 with 7 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 Thinking Hats Entertainment Solutions (NSE:THESL), the current Receivables Turnover is 1.70 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.

Thinking Hats Entertainment Solutions Business Description

Address 5th Floor, B 9 Pinnacle Business, Park Sector 3 Noida, Gautam Buddha Nagar, Noida, UP, IND, 201301
Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.
16GF Score

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