Vigor Plast India (NSE:VIGOR) Receivables Turnover: 6.17 (As of Sep. 2025)

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NSE:VIGOR Vigor Plast India Ltd NSE:VIGOR
18 GF Score
Price ₹98.00
! 2 Warning Signs
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What is Vigor Plast India Receivables Turnover?

Vigor Plast India NSE:VIGOR +4.26% 18 Receivables Turnover is 6.17 as of Sep. 2025. GuruFocus rates NSE:VIGOR with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,760 Construction companies, Vigor Plast India ranks better than 63.69% 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. Vigor Plast India's Revenue for the six months ended in Sep. 2025 was ₹282.5 Mil. Vigor Plast India's average Accounts Receivable for the six months ended in Sep. 2025 was ₹45.8 Mil. Hence, Vigor Plast India's Receivables Turnover for the six months ended in Sep. 2025 was 6.17.


Vigor Plast India  (NSE:VIGOR) 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.


Vigor Plast India Receivables Turnover Related Terms


Vigor Plast India Receivables Turnover Historical Data

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The historical data trend for Vigor Plast India'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.

Vigor Plast India Receivables Turnover Chart

Vigor Plast India Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Receivables Turnover
14.10 15.52 15.59 18.72

Vigor Plast India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Sep25
Receivables Turnover 0.00 0.00 0.00 0.00 6.17

NSE:VIGOR vs TT, JCI, CARR: Receivables Turnover Comparison

For the Building Products & Equipment subindustry, Vigor Plast India'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.


Vigor Plast India Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Vigor Plast India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vigor Plast India's Receivables Turnover falls into.


NSE:VIGOR
18GF Score
Vigor Plast India Ltd NSE:VIGOR
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vigor Plast India Receivables Turnover Calculation

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

Vigor Plast India's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=455.779 / ((29.416 + 19.287) / 2 )
=455.779 / 24.3515
=18.72

Vigor Plast India's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=282.495 / ((19.287 + 72.248) / 2 )
=282.495 / 45.7675
=6.17

* 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 6.17 mean?
Vigor Plast India (NSE:VIGOR) has a Receivables Turnover of 6.17 as of Sep. 2025. 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 Vigor Plast India and its competitors. According to the industry distribution chart, Vigor Plast India ranks #639 out of 1760 companies in the Construction industry, placing it in the top 36.3%.
Is Vigor Plast India's Receivables Turnover too high?
Vigor Plast India's current Receivables Turnover is 6.17. The Construction industry median Receivables Turnover is 4.78. Vigor Plast India's value of 6.17 is 29.1% above this industry median. Based on the distribution chart, Vigor Plast India ranks #639 out of 1760 companies in the Construction industry, which is above the industry midpoint. Overall, Vigor Plast India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Vigor Plast India's Receivables Turnover compare to TT and JCI?
According to the Construction industry distribution chart, Vigor Plast India ranks #639 out of 1760 companies for Receivables Turnover. This puts Vigor Plast India in the upper half of its industry. The industry median Receivables Turnover is 4.78. Vigor Plast India's value of 6.17 is 29.1% 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 a Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,760 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. Vigor Plast India's current Receivables Turnover of 6.17 is 29.1% 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 Vigor Plast India and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vigor Plast India's current Receivables Turnover is 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vigor Plast India stock overvalued right now?
Vigor Plast India (NSE:VIGOR) has a current Receivables Turnover of 6.17. The current Receivables Turnover is 6.17 and 29.1% above the Construction industry median of 4.78. Vigor Plast India's overall GF Score™ is 18/100 with 2 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 Vigor Plast India (NSE:VIGOR), the current Receivables Turnover is 6.17 as of Sep. 2025. 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.

Vigor Plast India Business Description

Address Survey No. 640/3, Lalpur Road, Behind Gujarat Gas CNG Pump Godown Zone, Dared, Village: Chela, Jamnagar, GJ, IND, 361 006
Vigor Plast India Ltd is focused on the trading of PVC pipes and fittings. It is engaged in producing Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. It is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management. The company caters to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage.
18GF Score

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