Wheels India (NSE:WHEELS) Receivables Turnover: 1.82 (As of Jun. 2026)

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NSE:WHEELS Wheels India Ltd NSE:WHEELS
69 GF Score
Price ₹1,429.60
GF Value ₹960.03
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Wheels India Receivables Turnover?

Wheels India NSE:WHEELS +1.48% 69 Receivables Turnover is 1.82 as of Jun. 2026. GuruFocus rates NSE:WHEELS with a GF Score™ of 69/100 and a GF Value™ of ₹960.03 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Wheels India ranks better than 63.3% 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. Wheels India's Revenue for the three months ended in Jun. 2026 was ₹14,910 Mil. Wheels India's average Accounts Receivable for the three months ended in Jun. 2026 was ₹8,187 Mil. Hence, Wheels India's Receivables Turnover for the three months ended in Jun. 2026 was 1.82.


Wheels India  (NSE:WHEELS) 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.


Wheels India Receivables Turnover Related Terms


Wheels India Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Wheels 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.

Wheels India Receivables Turnover Chart

Wheels India 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 4.43 5.12 6.13 5.77 6.24

Wheels India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 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 1.58 1.68 1.82 1.91 1.82

NSE:WHEELS vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Wheels 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.


Wheels India Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wheels India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wheels India's Receivables Turnover falls into.


NSE:WHEELS
69GF Score
Wheels India Ltd NSE:WHEELS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Wheels India Receivables Turnover Calculation

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

Wheels 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 )
=50493.5 / ((8008.2 + 8186.7) / 2 )
=50493.5 / 8097.45
=6.24

Wheels India'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 )
=14910 / ((8186.7 + 0) / 1 )
=14910 / 8186.7
=1.82

* 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 1.82 mean?
Wheels India (NSE:WHEELS) has a Receivables Turnover of 1.82 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 Wheels India and its competitors. According to the industry distribution chart, Wheels India ranks #483 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 36.7%.
Is Wheels India's Receivables Turnover too high?
Wheels India's current Receivables Turnover is 1.82. The Vehicles & Parts industry median Receivables Turnover is 5.99. Wheels India's value of 1.82 is 69.6% below this industry median. Based on the distribution chart, Wheels India ranks #483 out of 1316 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Wheels India has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wheels India's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wheels India ranks #483 out of 1316 companies for Receivables Turnover. This puts Wheels India in the upper half of its industry. The industry median Receivables Turnover is 5.99. Wheels India's value of 1.82 is 69.6% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,316 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. Wheels India's current Receivables Turnover of 1.82 is 69.6% 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 Wheels India and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheels India's current Receivables Turnover is 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheels India stock overvalued right now?
Based on GuruFocus' analysis, Wheels India (NSE:WHEELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹960.03, compared to a current price of ₹1,429.60 — trading 48.9% above its estimated fair value. The current Receivables Turnover is 1.82 and 69.6% below the Vehicles & Parts industry median of 5.99. Wheels India's overall GF Score™ is 69/100 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 Wheels India (NSE:WHEELS), the current Receivables Turnover is 1.82 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.

Is Wheels India (NSE:WHEELS) Overvalued in 2026?

Based on GuruFocus' analysis, Wheels India stock appears to be overvalued. The current stock price of ₹1,429.60 is trading 48.9% above its estimated GF Value™ of ₹960.03. GuruFocus considers Wheels India to be Significantly Overvalued.

Key valuation signals for NSE:WHEELS:

  • Receivables Turnover: 1.82
  • GF Value™: ₹960.03 vs. price of ₹1,429.60 (48.9% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 69.6% below the Vehicles & Parts median (#483 of 1316)

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


Wheels India Business Description

Other Exchanges 590073:India
Address M.T.H. Road, Padi, Chennai, TN, IND, 600 050
Wheels India Ltd is a manufacturer of automobile wheels. The firm is organized into the Automotive Components and Industrial Components segments. The automotive components segment is engaged in the manufacture of road wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors, and construction equipment; however, the group is also engaged in the manufacturing of suspension products for the vehicles. The industrial components segment includes components and structures for windmills, railways, and thermal power plants. It operates in the Indian and international markets, of which key revenue is derived from India. The majority of the company's revenue is generated from Automotive components.
69GF Score

Get the complete analysis for NSE:WHEELS

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

₹1,429.60
Price
₹960.03
GF Value