Vardhman Textiles (NSE:VTL) Receivables Turnover: 1.91 (As of Mar. 2026)

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NSE:VTL Vardhman Textiles Ltd NSE:VTL
72 GF Score
Price ₹625.10
GF Value ₹484.46
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Vardhman Textiles Receivables Turnover?

Vardhman Textiles NSE:VTL -0.94% 72 Receivables Turnover is 1.91 as of Mar. 2026. GuruFocus rates NSE:VTL with a GF Score™ of 72/100 and a GF Value™ of ₹484.46 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Vardhman Textiles ranks better than 55.72% 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. Vardhman Textiles's Revenue for the three months ended in Mar. 2026 was ₹24,980 Mil. Vardhman Textiles's average Accounts Receivable for the three months ended in Mar. 2026 was ₹13,058 Mil. Hence, Vardhman Textiles's Receivables Turnover for the three months ended in Mar. 2026 was 1.91.


Vardhman Textiles  (NSE:VTL) 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.


Vardhman Textiles Receivables Turnover Related Terms


Vardhman Textiles Receivables Turnover Historical Data

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The historical data trend for Vardhman Textiles'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.

Vardhman Textiles Receivables Turnover Chart

Vardhman Textiles 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 7.97 7.90 7.73 7.77 7.58

Vardhman Textiles Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.93 1.84 1.93 1.95 1.91

Vardhman Textiles Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Vardhman Textiles'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.


Vardhman Textiles Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Textiles's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vardhman Textiles's Receivables Turnover falls into.


NSE:VTL
72GF Score
Vardhman Textiles Ltd NSE:VTL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vardhman Textiles Receivables Turnover Calculation

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

Vardhman Textiles'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 )
=98690.5 / ((12975.7 + 13057.6) / 2 )
=98690.5 / 13016.65
=7.58

Vardhman Textiles'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=24979.8 / ((0 + 13057.6) / 1 )
=24979.8 / 13057.6
=1.91

* 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 1.91 mean?
Vardhman Textiles (NSE:VTL) has a Receivables Turnover of 1.91 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 Vardhman Textiles and its competitors. According to the industry distribution chart, Vardhman Textiles ranks #457 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.3%.
Is Vardhman Textiles' Receivables Turnover too high?
Vardhman Textiles' current Receivables Turnover is 1.91. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Vardhman Textiles' value of 1.91 is 72.5% below this industry median. Based on the distribution chart, Vardhman Textiles ranks #457 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Vardhman Textiles has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Textiles' Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vardhman Textiles ranks #457 out of 1032 companies for Receivables Turnover. This puts Vardhman Textiles in the upper half of its industry. The industry median Receivables Turnover is 6.94. Vardhman Textiles' value of 1.91 is 72.5% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.94, based on 1,032 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. Vardhman Textiles's current Receivables Turnover of 1.91 is 72.5% 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 Vardhman Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Textiles's current Receivables Turnover is 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Textiles stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Textiles (NSE:VTL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹484.46, compared to a current price of ₹625.10 — trading 29% above its estimated fair value. The current Receivables Turnover is 1.91 and 72.5% below the Manufacturing - Apparel & Accessories industry median of 6.94. Vardhman Textiles' overall GF Score™ is 72/100 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 Vardhman Textiles (NSE:VTL), the current Receivables Turnover is 1.91 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 Vardhman Textiles (NSE:VTL) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Textiles stock appears to be overvalued. The current stock price of ₹625.10 is trading 29% above its estimated GF Value™ of ₹484.46. GuruFocus considers Vardhman Textiles to be Modestly Overvalued.

Key valuation signals for NSE:VTL:

  • Receivables Turnover: 1.91
  • GF Value™: ₹484.46 vs. price of ₹625.10 (29% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 72.5% below the Manufacturing - Apparel & Accessories median (#457 of 1032)

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


Vardhman Textiles Business Description

Other Exchanges 502986:India
Address Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Textiles Ltd is a manufacturer and seller of textiles and acrylic fiber. The company's segments include: Textile and Fibre. The company derives majority of its revenue from Textiles segment, which offers greige and dyed yarns in a number of fabrics such as cotton, polyester, acrylic, organic cotton, melange, cellulose, and synthetics. The company provides fabrics for the apparel industry and home textiles and manufactures shirts for retail brands. In addition, It offers hot-rolled bars for use in industries such as automotive, engineering, and allied industries. Geographically, it operates in India as well as Overseas.
72GF Score

Get the complete analysis for NSE:VTL

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

₹625.10
Price
₹484.46
GF Value