Jaiprakash Associates (BOM:532532) Receivables Turnover : 0.75 (As of Mar. 2024)

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What is Jaiprakash Associates 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. Jaiprakash Associates's Revenue for the three months ended in Mar. 2024 was ₹17,409 Mil. Jaiprakash Associates's average Accounts Receivable for the three months ended in Mar. 2024 was ₹23,200 Mil. Hence, Jaiprakash Associates's Receivables Turnover for the three months ended in Mar. 2024 was 0.75.

Jaiprakash Associates Receivables Turnover Historical Data

The historical data trend for Jaiprakash Associates'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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Jaiprakash Associates Receivables Turnover Chart

Jaiprakash Associates Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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2.24

2.21

1.38

2.66

2.78

Jaiprakash Associates 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															0.79	0.59	0.96	0.76	0.75

Competitive Comparison of Jaiprakash Associates's Receivables Turnover

For the Conglomerates subindustry, Jaiprakash Associates'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.

Jaiprakash Associates's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jaiprakash Associates's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jaiprakash Associates's Receivables Turnover falls into.

Jaiprakash Associates Receivables Turnover Calculation

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

Jaiprakash Associates'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 )
=	65680.9	/ (	(24128	+	23200.3)	/	2 )
=	65680.9	/	23664.15
=	2.78

Jaiprakash Associates'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 )
=	17409.3	/ (	(0	+	23200.3)	/	1 )
=	17409.3	/	23200.3
=	0.75

Jaiprakash Associates (BOM:532532) 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.

Jaiprakash Associates Receivables Turnover Related Terms

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Jaiprakash Associates (BOM:532532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jaiprakash Associates Ltd (BOM:532532) » Definitions » Receivables Turnover

Comparable Companies

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JPASSOCIAT:India

Address

Site-IV Industrial Area, 64/4, Sahibabad, Ghaziabad, UP, IND, 201010

Website

http://www.jalindia.com

Jaiprakash Associates Ltd is a company that is primarily engaged in six segments. The engineering and construction segment focuses on constructing river valley and hydropower projects on a turnkey basis. The cement segment manufactures and distributes Portland Pozzolana cement under the brand name Jaypee Cement. The Hotel / Hospitality & Golf Course segment is engaged in managing Hotels, Golf Course, Resorts & Spa. The power segment generates, distributes, and transmits power. The real estate segment is engaged in developing residential projects, sports facilities, golf resorts, and so on. The Investments segment is engaged in Investments in Subsidiaries, Associates and Others. Others Includes Waste Treatment Plant, Heavy Engineering Works, Hitech Castings, Man Power Supply etc.

Jaiprakash Associates (BOM:532532) Headlines

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