Vadivarhe Speciality Chemicals (NSE:VSCL) Receivables Turnover: 3.51 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:VSCL Vadivarhe Speciality Chemicals Ltd NSE:VSCL
68 GF Score
Price ₹29.00
GF Value ₹42.62
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Vadivarhe Speciality Chemicals Receivables Turnover?

Vadivarhe Speciality Chemicals NSE:VSCL 68 Receivables Turnover is 3.51 as of Mar. 2026. GuruFocus rates NSE:VSCL with a GF Score™ of 68/100 and a GF Value™ of ₹42.62 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,577 Chemicals companies, Vadivarhe Speciality Chemicals ranks worse than 83.45% 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. Vadivarhe Speciality Chemicals's Revenue for the six months ended in Mar. 2026 was ₹287.4 Mil. Vadivarhe Speciality Chemicals's average Accounts Receivable for the six months ended in Mar. 2026 was ₹81.9 Mil. Hence, Vadivarhe Speciality Chemicals's Receivables Turnover for the six months ended in Mar. 2026 was 3.51.


Vadivarhe Speciality Chemicals  (NSE:VSCL) 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.


Vadivarhe Speciality Chemicals Receivables Turnover Related Terms


Vadivarhe Speciality Chemicals Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Vadivarhe Speciality Chemicals'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.

Vadivarhe Speciality Chemicals Receivables Turnover Chart

Vadivarhe Speciality Chemicals 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 3.85 11.21 7.48 5.74 5.59

Vadivarhe Speciality Chemicals Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 3.60 7.42 3.54 4.08 3.51

NSE:VSCL vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Vadivarhe Speciality Chemicals'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.


Vadivarhe Speciality Chemicals Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vadivarhe Speciality Chemicals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vadivarhe Speciality Chemicals's Receivables Turnover falls into.


NSE:VSCL
68GF Score
Vadivarhe Speciality Chemicals Ltd NSE:VSCL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vadivarhe Speciality Chemicals Receivables Turnover Calculation

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

Vadivarhe Speciality Chemicals'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 )
=457.803 / ((82.637 + 81.124) / 2 )
=457.803 / 81.8805
=5.59

Vadivarhe Speciality Chemicals'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: Mar. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=287.366 / ((82.637 + 81.124) / 2 )
=287.366 / 81.8805
=3.51

* 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 3.51 mean?
Vadivarhe Speciality Chemicals (NSE:VSCL) has a Receivables Turnover of 3.51 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 Vadivarhe Speciality Chemicals and its competitors. According to the industry distribution chart, Vadivarhe Speciality Chemicals ranks #1316 out of 1577 companies in the Chemicals industry, placing it in the top 83.4%.
Is Vadivarhe Speciality Chemicals' Receivables Turnover too high?
Vadivarhe Speciality Chemicals' current Receivables Turnover is 3.51. The Chemicals industry median Receivables Turnover is 5.60. Vadivarhe Speciality Chemicals' value of 3.51 is 37.3% below this industry median. Based on the distribution chart, Vadivarhe Speciality Chemicals ranks #1316 out of 1577 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Vadivarhe Speciality Chemicals has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vadivarhe Speciality Chemicals' Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Vadivarhe Speciality Chemicals ranks #1316 out of 1577 companies for Receivables Turnover. This places Vadivarhe Speciality Chemicals in the lower half of its industry. The industry median Receivables Turnover is 5.60. Vadivarhe Speciality Chemicals' value of 3.51 is 37.3% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,577 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. Vadivarhe Speciality Chemicals's current Receivables Turnover of 3.51 is 37.3% 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 Vadivarhe Speciality Chemicals and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vadivarhe Speciality Chemicals's current Receivables Turnover is 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vadivarhe Speciality Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Vadivarhe Speciality Chemicals (NSE:VSCL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹42.62, compared to a current price of ₹29.00 — trading 32% below its estimated fair value. The current Receivables Turnover is 3.51 and 37.3% below the Chemicals industry median of 5.60. Vadivarhe Speciality Chemicals' overall GF Score™ is 68/100 with 8 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 Vadivarhe Speciality Chemicals (NSE:VSCL), the current Receivables Turnover is 3.51 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 Vadivarhe Speciality Chemicals (NSE:VSCL) Overvalued in 2026?

Based on GuruFocus' analysis, Vadivarhe Speciality Chemicals stock appears to be undervalued. The current stock price of ₹29.00 is trading 32% below its estimated GF Value™ of ₹42.62. GuruFocus considers Vadivarhe Speciality Chemicals to be Possible Value Trap.

Key valuation signals for NSE:VSCL:

  • Receivables Turnover: 3.51
  • GF Value™: ₹42.62 vs. price of ₹29.00 (32% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 37.3% below the Chemicals median (#1316 of 1577)

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


Vadivarhe Speciality Chemicals Business Description

Address Gat No. 204, Vadivarhe, Igatpuri, Nashik, MH, IND, 422403
Vadivarhe Speciality Chemicals Ltd is engaged in the manufacturing of Organic Chemicals, Intermediates, Active Pharmaceutical Ingredients (APIs), Personal Care Products, and Speciality Chemicals.
68GF Score

Get the complete analysis for NSE:VSCL

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

₹29.00
Price
₹42.62
GF Value