TPL Plastech (NSE:TPLPLASTEH) Receivables Turnover: 1.82 (As of Mar. 2026)

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NSE:TPLPLASTEH TPL Plastech Ltd NSE:TPLPLASTEH
87 GF Score
Price ₹81.26
GF Value ₹92.21
Valuation Modestly Undervalued
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What is TPL Plastech Receivables Turnover?

TPL Plastech NSE:TPLPLASTEH +2.46% 87 Receivables Turnover is 1.82 as of Mar. 2026. GuruFocus rates NSE:TPLPLASTEH with a GF Score™ of 87/100 and a GF Value™ of ₹92.21 (Modestly Undervalued). Among 395 Packaging & Containers companies, TPL Plastech ranks better than 89.62% 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. TPL Plastech's Revenue for the three months ended in Mar. 2026 was ₹1,141 Mil. TPL Plastech's average Accounts Receivable for the three months ended in Mar. 2026 was ₹626 Mil. Hence, TPL Plastech's Receivables Turnover for the three months ended in Mar. 2026 was 1.82.


TPL Plastech  (NSE:TPLPLASTEH) 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.


TPL Plastech Receivables Turnover Related Terms


TPL Plastech Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TPL Plastech'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.

TPL Plastech Receivables Turnover Chart

TPL Plastech 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 66.80 121.85 214.11 358.59 13.32

TPL Plastech 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 108.27 106.17 1.76 1.83 1.82

NSE:TPLPLASTEH vs SW, PKG, IP: Receivables Turnover Comparison

For the Packaging & Containers subindustry, TPL Plastech'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.


TPL Plastech Receivables Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TPL Plastech's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TPL Plastech's Receivables Turnover falls into.


NSE:TPLPLASTEH
87GF Score
TPL Plastech Ltd NSE:TPLPLASTEH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TPL Plastech Receivables Turnover Calculation

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

TPL Plastech'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 )
=4225.534 / ((8.514 + 626.02) / 2 )
=4225.534 / 317.267
=13.32

TPL Plastech'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 )
=1140.681 / ((0 + 626.02) / 1 )
=1140.681 / 626.02
=1.82

* 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 1.82 mean?
TPL Plastech (NSE:TPLPLASTEH) has a Receivables Turnover of 1.82 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 TPL Plastech and its competitors. According to the industry distribution chart, TPL Plastech ranks #41 out of 395 companies in the Packaging & Containers industry, placing it in the top 10.4%.
Is TPL Plastech's Receivables Turnover too high?
TPL Plastech's current Receivables Turnover is 1.82. The Packaging & Containers industry median Receivables Turnover is 5.46. TPL Plastech's value of 1.82 is 66.7% below this industry median. Based on the distribution chart, TPL Plastech ranks #41 out of 395 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, TPL Plastech has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPL Plastech's Receivables Turnover compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, TPL Plastech ranks #41 out of 395 companies for Receivables Turnover. This places TPL Plastech in the top 10% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.46. TPL Plastech's value of 1.82 is 66.7% 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 Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.46, based on 395 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. TPL Plastech's current Receivables Turnover of 1.82 is 66.7% 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 TPL Plastech and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPL Plastech's current Receivables Turnover is 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPL Plastech stock overvalued right now?
Based on GuruFocus' analysis, TPL Plastech (NSE:TPLPLASTEH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹92.21, compared to a current price of ₹81.26 — trading 11.9% below its estimated fair value. The current Receivables Turnover is 1.82 and 66.7% below the Packaging & Containers industry median of 5.46. TPL Plastech's overall GF Score™ is 87/100. 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 TPL Plastech (NSE:TPLPLASTEH), the current Receivables Turnover is 1.82 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 TPL Plastech (NSE:TPLPLASTEH) Overvalued in 2026?

Based on GuruFocus' analysis, TPL Plastech stock appears to be undervalued. The current stock price of ₹81.26 is trading 11.9% below its estimated GF Value™ of ₹92.21. GuruFocus considers TPL Plastech to be Modestly Undervalued.

Key valuation signals for NSE:TPLPLASTEH:

  • Receivables Turnover: 1.82
  • GF Value™: ₹92.21 vs. price of ₹81.26 (11.9% below fair value)
  • GF Score™: 87/100
  • Industry Position: 66.7% below the Packaging & Containers median (#41 of 395)

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


TPL Plastech Business Description

Other Exchanges 526582:India
Address Andheri Kurla Road, 203, 2nd Floor, Centre Point, Near J B Nagar Chakala Metro Station, J B Nagar, , Andheri (East), Mumbai, MH, IND, 400059
TPL Plastech Ltd is a manufacturer of plastic drums in India. The company's product includes Narrow mouth drums; Narrow mouth and Wide Mouth Carboys; Open Top Drums - Bulk and Medium; QuBC and COBO IBC and small pack. The Company's operates its business in India.
87GF Score

Get the complete analysis for NSE:TPLPLASTEH

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

₹81.26
Price
₹92.21
GF Value