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. VST Industries's Revenue for the
three
months ended in Mar. 2026 was ₹4,565 Mil. VST Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹470 Mil.
Hence, VST Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 9.71.
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.
VST Industries Receivables Turnover Related Terms
VST Industries Receivables Turnover Historical Data
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The historical data trend for VST Industries'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.
NSE:VSTIND vs PM, MO, TPB: Receivables Turnover Comparison
For the Tobacco subindustry, VST Industries'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.
VST Industries Receivables Turnover vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, VST Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where VST Industries'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.
VST Industries (NSE:VSTIND) has a Receivables Turnover of 9.71 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 VST Industries and its competitors. According to the industry distribution chart, VST Industries ranks #11 out of 47 companies in the Tobacco Products industry, placing it in the top 23.4%.
Is VST Industries' Receivables Turnover too high?
VST Industries' current Receivables Turnover is 9.71. The Tobacco Products industry median Receivables Turnover is 10.06. VST Industries' value of 9.71 is 3.5% below this industry median. Based on the distribution chart, VST Industries ranks #11 out of 47 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, VST Industries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VST Industries' Receivables Turnover compare to PM and MO?
According to the Tobacco Products industry distribution chart, VST Industries ranks #11 out of 47 companies for Receivables Turnover. This places VST Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.06. VST Industries' value of 9.71 is 3.5% 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 Tobacco Products company?
The median Receivables Turnover among Tobacco Products companies is 10.06, based on 47 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. VST Industries's current Receivables Turnover of 9.71 is 3.5% 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 VST Industries and its competitors. For the Tobacco Products industry, the median Receivables Turnover is 10.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VST Industries's current Receivables Turnover is 9.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VST Industries stock overvalued right now?
Based on GuruFocus' analysis, VST Industries (NSE:VSTIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹349.89, compared to a current price of ₹248.60 — trading 28.9% below its estimated fair value. The current Receivables Turnover is 9.71 and 3.5% below the Tobacco Products industry median of 10.06. VST Industries' overall GF Score™ is 87/100 with 4 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 VST Industries (NSE:VSTIND), the current Receivables Turnover is 9.71 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 VST Industries (NSE:VSTIND) Overvalued in 2026?
Based on GuruFocus' analysis, VST Industries stock appears to be undervalued.
The current stock price of ₹248.60 is trading 28.9% below its estimated GF Value™ of ₹349.89.
GuruFocus considers VST Industries to be Modestly Undervalued.
Key valuation signals for NSE:VSTIND:
Receivables Turnover: 9.71
GF Value™: ₹349.89 vs. price of ₹248.60 (28.9% below fair value)
Industry Position: 3.5% below the Tobacco Products median (#11 of 47)
No single metric tells the full story. See the NSE:VSTIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.
87GF Score
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