V-Marc India (NSE:VMARCIND) Receivables Turnover: 3.03 (As of Mar. 2026)

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NSE:VMARCIND V-Marc India Ltd NSE:VMARCIND
73 GF Score
Price ₹283.65
GF Value ₹153.13
Valuation Significantly Overvalued
! 5 Warning Signs
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What is V-Marc India Receivables Turnover?

V-Marc India NSE:VMARCIND -1.72% 73 Receivables Turnover is 3.03 as of Mar. 2026. GuruFocus rates NSE:VMARCIND with a GF Score™ of 73/100 and a GF Value™ of ₹153.13 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,031 Industrial Products companies, V-Marc India ranks better than 62.78% 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. V-Marc India's Revenue for the six months ended in Mar. 2026 was ₹11,058 Mil. V-Marc India's average Accounts Receivable for the six months ended in Mar. 2026 was ₹3,653 Mil. Hence, V-Marc India's Receivables Turnover for the six months ended in Mar. 2026 was 3.03.


V-Marc India  (NSE:VMARCIND) 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.


V-Marc India Receivables Turnover Related Terms


V-Marc India Receivables Turnover Historical Data

* Premium members only.

The historical data trend for V-Marc 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.

V-Marc India Receivables Turnover Chart

V-Marc India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.58 4.04 5.65 4.23 5.10

V-Marc India Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.50 2.53 2.71 2.32 3.03

NSE:VMARCIND vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, V-Marc 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.


V-Marc India Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, V-Marc India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where V-Marc India's Receivables Turnover falls into.


NSE:VMARCIND
73GF Score
V-Marc India Ltd NSE:VMARCIND
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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V-Marc India Receivables Turnover Calculation

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

V-Marc India'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 )
=17973.097 / ((2844.331 + 4199.999) / 2 )
=17973.097 / 3522.165
=5.10

V-Marc India'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 )
=11057.648 / ((3106.92 + 4199.999) / 2 )
=11057.648 / 3653.4595
=3.03

* 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 3.03 mean?
V-Marc India (NSE:VMARCIND) has a Receivables Turnover of 3.03 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 V-Marc India and its competitors. According to the industry distribution chart, V-Marc India ranks #1128 out of 3031 companies in the Industrial Products industry, placing it in the top 37.2%.
Is V-Marc India's Receivables Turnover too high?
V-Marc India's current Receivables Turnover is 3.03. The Industrial Products industry median Receivables Turnover is 4.45. V-Marc India's value of 3.03 is 31.9% below this industry median. Based on the distribution chart, V-Marc India ranks #1128 out of 3031 companies in the Industrial Products industry, which is above the industry midpoint. Overall, V-Marc India has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does V-Marc India's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, V-Marc India ranks #1128 out of 3031 companies for Receivables Turnover. This puts V-Marc India in the upper half of its industry. The industry median Receivables Turnover is 4.45. V-Marc India's value of 3.03 is 31.9% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,031 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. V-Marc India's current Receivables Turnover of 3.03 is 31.9% 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 V-Marc India and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Marc India's current Receivables Turnover is 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Marc India stock overvalued right now?
Based on GuruFocus' analysis, V-Marc India (NSE:VMARCIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹153.13, compared to a current price of ₹283.65 — trading 85.2% above its estimated fair value. The current Receivables Turnover is 3.03 and 31.9% below the Industrial Products industry median of 4.45. V-Marc India's overall GF Score™ is 73/100 with 5 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 V-Marc India (NSE:VMARCIND), the current Receivables Turnover is 3.03 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 V-Marc India (NSE:VMARCIND) Overvalued in 2026?

Based on GuruFocus' analysis, V-Marc India stock appears to be overvalued. The current stock price of ₹283.65 is trading 85.2% above its estimated GF Value™ of ₹153.13. GuruFocus considers V-Marc India to be Significantly Overvalued.

Key valuation signals for NSE:VMARCIND:

  • Receivables Turnover: 3.03
  • GF Value™: ₹153.13 vs. price of ₹283.65 (85.2% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 31.9% below the Industrial Products median (#1128 of 3031)

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


V-Marc India Business Description

Address Plot No. 3, 4, 18, 20A, Sector IIDC, SIDCUL, Haridwar, UT, IND, 249403
V-Marc India Ltd is engaged in the business of manufacturing and marketing wires and cables under the brand name of V-Marc. The company manufactures and sells a diversified range of wires and cables such as single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, aerial bunched cables, and others. It is a Specialised Control and instrumentation cable company offering a wide range of cable products to multiple industries. Geographically, it operates in India.
73GF Score

Get the complete analysis for NSE:VMARCIND

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

₹283.65
Price
₹153.13
GF Value