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Varvee GlobalNSE:VGL -1.87%51 Receivables Turnover is 1.47 as of Mar. 2026. GuruFocus rates NSE:VGL with a GF Score™ of 51/100 and a GF Value™ of ₹22.67 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,030 Manufacturing - Apparel & Accessories companies, Varvee Global ranks worse than 62.14% 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. Varvee Global's Revenue for the
three
months ended in Mar. 2026 was ₹233.8 Mil. Varvee Global's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹159.5 Mil.
Hence, Varvee Global's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.47.
Varvee Global (NSE:VGL) 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.
Varvee Global Receivables Turnover Related Terms
Varvee Global Receivables Turnover Historical Data
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The historical data trend for Varvee Global'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.
Varvee Global Receivables Turnover Competitor Comparison
For the Textile Manufacturing subindustry, Varvee Global'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.
Varvee Global Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Varvee Global's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Varvee Global's Receivables Turnover falls into.
* 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.
Varvee Global (NSE:VGL) has a Receivables Turnover of 1.47 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 Varvee Global and its competitors. According to the industry distribution chart, Varvee Global ranks #640 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62.1%.
Is Varvee Global's Receivables Turnover too high?
Varvee Global's current Receivables Turnover is 1.47. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.98. Varvee Global's value of 1.47 is 78.9% below this industry median. Based on the distribution chart, Varvee Global ranks #640 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Varvee Global has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varvee Global's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Varvee Global ranks #640 out of 1030 companies for Receivables Turnover. This places Varvee Global in the lower half of its industry. The industry median Receivables Turnover is 6.98. Varvee Global's value of 1.47 is 78.9% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.98, based on 1,030 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. Varvee Global's current Receivables Turnover of 1.47 is 78.9% 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 Varvee Global and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varvee Global's current Receivables Turnover is 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varvee Global stock overvalued right now?
Based on GuruFocus' analysis, Varvee Global (NSE:VGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹22.67, compared to a current price of ₹60.87 — trading 168.5% above its estimated fair value. The current Receivables Turnover is 1.47 and 78.9% below the Manufacturing - Apparel & Accessories industry median of 6.98. Varvee Global's overall GF Score™ is 51/100 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 Varvee Global (NSE:VGL), the current Receivables Turnover is 1.47 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 Varvee Global (NSE:VGL) Overvalued in 2026?
Based on GuruFocus' analysis, Varvee Global stock appears to be overvalued.
The current stock price of ₹60.87 is trading 168.5% above its estimated GF Value™ of ₹22.67.
GuruFocus considers Varvee Global to be Significantly Overvalued.
Key valuation signals for NSE:VGL:
Receivables Turnover: 1.47
GF Value™: ₹22.67 vs. price of ₹60.87 (168.5% above fair value)
Industry Position: 78.9% below the Manufacturing - Apparel & Accessories median (#640 of 1030)
No single metric tells the full story. See the NSE:VGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varvee Global Ltd is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets. Geographically, the company derives a majority of its revenue from India.
51GF Score
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