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Rajesh Exports (BOM:531500) Receivables Turnover : 5.71 (As of Dec. 2023)


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What is Rajesh Exports 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. Rajesh Exports's Revenue for the three months ended in Dec. 2023 was ₹654,769 Mil. Rajesh Exports's average Accounts Receivable for the three months ended in Dec. 2023 was ₹114,593 Mil. Hence, Rajesh Exports's Receivables Turnover for the three months ended in Dec. 2023 was 5.71.


Rajesh Exports Receivables Turnover Historical Data

The historical data trend for Rajesh Exports'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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Rajesh Exports Receivables Turnover Chart

Rajesh Exports Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.67 25.29 26.27 23.09 32.25

Rajesh Exports Quarterly Data
Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 7.77 9.14 11.15 3.49 5.71

Competitive Comparison of Rajesh Exports's Receivables Turnover

For the Luxury Goods subindustry, Rajesh Exports'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.


Rajesh Exports's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rajesh Exports's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Rajesh Exports's Receivables Turnover falls into.



Rajesh Exports Receivables Turnover Calculation

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

Rajesh Exports's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=3396895.055 / ((107085.951 + 103563.858) / 2 )
=3396895.055 / 105324.9045
=32.25

Rajesh Exports's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=654768.89 / ((114593.05 + 0) / 1 )
=654768.89 / 114593.05
=5.71

* 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.


Rajesh Exports  (BOM:531500) 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.


Rajesh Exports Receivables Turnover Related Terms

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Rajesh Exports (BOM:531500) Business Description

Traded in Other Exchanges
Address
Number 1, Brunton Road (Off M.G. Road), Opposite Old Passport Office, Bengaluru, KA, IND, 560 001
Rajesh Exports Ltd is a gold refiner and Manufacturer of all kind of Gold products. The Company export its products to various countries around the world and it also sell its products in whole sale and retail in India and also through its own retail showrooms under the brand name of SHUBH Jewellers. Rajesh Exports Ltd has setup various manufacturing facilities in India and other countries.

Rajesh Exports (BOM:531500) Headlines

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