Gabriel India (BOM:505714) Receivables Turnover : 1.87 (As of Mar. 2024)

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What is Gabriel India Receivables Turnover?

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. Gabriel India's Revenue for the three months ended in Mar. 2024 was ₹9,170 Mil. Gabriel India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,914 Mil. Hence, Gabriel India's Receivables Turnover for the three months ended in Mar. 2024 was 1.87.

Gabriel India Receivables Turnover Historical Data

The historical data trend for Gabriel 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.

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Gabriel India Receivables Turnover Chart

Gabriel India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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7.18

6.56

7.00

7.70

7.78

Gabriel India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.86	2.10	1.92	1.81	1.87

Competitive Comparison of Gabriel India's Receivables Turnover

For the Auto Parts subindustry, Gabriel 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.

Gabriel India's Receivables Turnover Distribution in the Vehicles & Parts Industry

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

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

Gabriel India Receivables Turnover Calculation

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

Gabriel India's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	34026.26	/ (	(3837.15	+	4914.33)	/	2 )
=	34026.26	/	4375.74
=	7.78

Gabriel India's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	9169.77	/ (	(0	+	4914.33)	/	1 )
=	9169.77	/	4914.33
=	1.87

Gabriel India (BOM:505714) 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.

Gabriel India Receivables Turnover Related Terms

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Gabriel India (BOM:505714) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gabriel India Ltd (BOM:505714) » Definitions » Receivables Turnover

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GABRIEL:India

Address

29th Milestone, Pune-Nashik Highway, Village Kuruli, Taluka Khed, Pune, MH, IND, 410 501

Website

http://www.gabrielindia.com

Gabriel India Ltd is an Indian company that manufactures and sells auto components. It offers ride-control products catering to all segments of the automotive industry. The company provides a wide range of ride control products including Shock absorbers, Struts, Axle dampers, Cabin dampers and seat dampers, and Front forks, among others. The company primarily operates in India, and its products are also marketed outside India. It generates key revenue from within India. The customers of the company cover four-wheelers, two and three-wheelers, and commercial vehicles and railways, of which major revenue is derived from two and three-wheelers.

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