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.
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.
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. The Western India Plywoods's Revenue for the
three
months ended in Mar. 2026 was ₹285.0 Mil. The Western India Plywoods's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹180.9 Mil.
Hence, The Western India Plywoods's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.58.
The Western India Plywoods (NSE:WIPL) 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.
The Western India Plywoods Receivables Turnover Related Terms
The Western India Plywoods Receivables Turnover Historical Data
* 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.
The Western India Plywoods Receivables Turnover Chart
NSE:WIPL vs SSD, UFPI, BCC: Receivables Turnover Comparison
For the Lumber & Wood Production subindustry, The Western India Plywoods'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.
The Western India Plywoods Receivables Turnover vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, The Western India Plywoods's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where The Western India Plywoods'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.
The Western India Plywoods (NSE:WIPL) has a Receivables Turnover of 1.58 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 The Western India Plywoods and its competitors. According to the industry distribution chart, The Western India Plywoods ranks #213 out of 282 companies in the Forest Products industry, placing it in the top 75.5%.
Is The Western India Plywoods' Receivables Turnover too high?
The Western India Plywoods' current Receivables Turnover is 1.58. The Forest Products industry median Receivables Turnover is 6.71. The Western India Plywoods' value of 1.58 is 76.5% below this industry median. Based on the distribution chart, The Western India Plywoods ranks #213 out of 282 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, The Western India Plywoods has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Western India Plywoods' Receivables Turnover compare to SSD and UFPI?
According to the Forest Products industry distribution chart, The Western India Plywoods ranks #213 out of 282 companies for Receivables Turnover. This places The Western India Plywoods in the lower half of its industry. The industry median Receivables Turnover is 6.71. The Western India Plywoods' value of 1.58 is 76.5% 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 Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.71, based on 282 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. The Western India Plywoods's current Receivables Turnover of 1.58 is 76.5% 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 The Western India Plywoods and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Western India Plywoods's current Receivables Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Western India Plywoods stock overvalued right now?
Based on GuruFocus' analysis, The Western India Plywoods (NSE:WIPL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹292.56, compared to a current price of ₹164.80 — trading 43.7% below its estimated fair value. The current Receivables Turnover is 1.58 and 76.5% below the Forest Products industry median of 6.71. The Western India Plywoods' overall GF Score™ is 76/100 with 3 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 The Western India Plywoods (NSE:WIPL), the current Receivables Turnover is 1.58 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 The Western India Plywoods (NSE:WIPL) Overvalued in 2026?
Based on GuruFocus' analysis, The Western India Plywoods stock appears to be undervalued.
The current stock price of ₹164.80 is trading 43.7% below its estimated GF Value™ of ₹292.56.
GuruFocus considers The Western India Plywoods to be Significantly Undervalued.
Key valuation signals for NSE:WIPL:
Receivables Turnover: 1.58
GF Value™: ₹292.56 vs. price of ₹164.80 (43.7% below fair value)
Industry Position: 76.5% below the Forest Products median (#213 of 282)
No single metric tells the full story. See the NSE:WIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Western India Plywoods Ltd is a manufacturer of wood-based products. Its products include Plywood, Hard boards, Densified wood, Furniture, Wipress, Wooden flooring, and Others.
76GF Score
Get the complete analysis for NSE:WIPL
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:WIPL has been successfully added to your 
