Waaree Energies (NSE:WAAREEENER) Receivables Turnover: 3.18 (As of Jun. 2026)

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NSE:WAAREEENER Waaree Energies Ltd NSE:WAAREEENER
50 GF Score
Price ₹2,560.70
! 2 Warning Signs
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What is Waaree Energies Receivables Turnover?

Waaree Energies NSE:WAAREEENER +3.55% 50 Receivables Turnover is 3.18 as of Jun. 2026. GuruFocus rates NSE:WAAREEENER with a GF Score™ of 50/100. The stock has 2 warning signs investors should review. Among 1,026 Semiconductors companies, Waaree Energies ranks better than 95.81% 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. Waaree Energies's Revenue for the three months ended in Jun. 2026 was ₹79,318 Mil. Waaree Energies's average Accounts Receivable for the three months ended in Jun. 2026 was ₹24,923 Mil. Hence, Waaree Energies's Receivables Turnover for the three months ended in Jun. 2026 was 3.18.


Waaree Energies  (NSE:WAAREEENER) 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.


Waaree Energies Receivables Turnover Related Terms


Waaree Energies Receivables Turnover Historical Data

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The historical data trend for Waaree Energies'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.

Waaree Energies Receivables Turnover Chart

Waaree Energies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 27.12 33.33 17.75 14.25 14.68

Waaree Energies Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.20 4.63 5.77 3.40 3.18

NSE:WAAREEENER vs FSLR, NXT, ENPH: Receivables Turnover Comparison

For the Solar subindustry, Waaree Energies'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.


Waaree Energies Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Waaree Energies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Waaree Energies's Receivables Turnover falls into.


NSE:WAAREEENER
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Waaree Energies Ltd NSE:WAAREEENER
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Waaree Energies Receivables Turnover Calculation

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

Waaree Energies'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 )
=260169.7 / ((10531.5 + 24923.2) / 2 )
=260169.7 / 17727.35
=14.68

Waaree Energies's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=79317.9 / ((24923.2 + ) / 1 )
=79317.9 / 24923.2
=3.18

* 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 3.18 mean?
Waaree Energies (NSE:WAAREEENER) has a Receivables Turnover of 3.18 as of Jun. 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 Waaree Energies and its competitors. According to the industry distribution chart, Waaree Energies ranks #43 out of 1026 companies in the Semiconductors industry, placing it in the top 4.2%.
Is Waaree Energies' Receivables Turnover too high?
Waaree Energies' current Receivables Turnover is 3.18. The Semiconductors industry median Receivables Turnover is 5.79. Waaree Energies' value of 3.18 is 45.1% below this industry median. Based on the distribution chart, Waaree Energies ranks #43 out of 1026 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Waaree Energies has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Waaree Energies' Receivables Turnover compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Waaree Energies ranks #43 out of 1026 companies for Receivables Turnover. This places Waaree Energies in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.79. Waaree Energies' value of 3.18 is 45.1% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.79, based on 1,026 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. Waaree Energies's current Receivables Turnover of 3.18 is 45.1% 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 Waaree Energies and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Energies's current Receivables Turnover is 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Energies stock overvalued right now?
Waaree Energies (NSE:WAAREEENER) has a current Receivables Turnover of 3.18. The current Receivables Turnover is 3.18 and 45.1% below the Semiconductors industry median of 5.79. Waaree Energies' overall GF Score™ is 50/100 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 Waaree Energies (NSE:WAAREEENER), the current Receivables Turnover is 3.18 as of Jun. 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.

Waaree Energies Business Description

Other Exchanges 544277:India
Address Western Express Highway, 602, 6th Floor, Western Edge-I, Borivali (East), Mumbai, MH, IND, 400 066
Waaree Energies Ltd is a manufacturer of solar PV modules in India. Its solar PV modules are currently manufactured using multicrystalline cell technology, monocrystalline cell technology and emerging technologies such as Tunnel Oxide Passivated Contact (TopCon). Its portfolio of solar energy products consists of the following PV modules: multicrystalline modules, monocrystalline modules, and TopCon modules, comprising flexible modules, which includes bifacial modules (Mono PERC) (framed and unframed), and building integrated photo voltaic (BIPV) modules. The Company operates only in one Business Segment i.e. Manufacturing & Trading of Solar Photovoltaic Modules.
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