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Mahip Industries (BOM:542503) Receivables Turnover : 0.00 (As of Mar. 2023)


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What is Mahip Industries 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. Mahip Industries's Revenue for the six months ended in Mar. 2023 was ₹0.00 Mil. Mahip Industries's average Accounts Receivable for the six months ended in Mar. 2023 was ₹41.92 Mil.


Mahip Industries Receivables Turnover Historical Data

The historical data trend for Mahip Industries'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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Mahip Industries Receivables Turnover Chart

Mahip Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.24 0.21 - 0.51

Mahip Industries Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24
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 - 0.20 - - -

Competitive Comparison of Mahip Industries's Receivables Turnover

For the Packaging & Containers subindustry, Mahip Industries'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.


Mahip Industries's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mahip Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mahip Industries's Receivables Turnover falls into.



Mahip Industries Receivables Turnover Calculation

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

Mahip Industries'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 )
=36.361 / ((12.96 + 129.654) / 2 )
=36.361 / 71.307
=0.51

Mahip Industries's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Sep. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=0 / ((70.873 + 12.96) / 2 )
=0 / 41.9165
=N/A

* 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.


Mahip Industries  (BOM:542503) 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.


Mahip Industries Receivables Turnover Related Terms

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Mahip Industries Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Dholka Bagodara Highway, Survey No.127, Jalalpur - Godhneshwar, Ahmedabad, Gujrat, IND, 387810
Mahip Industries Ltd is a manufacturer and trader of corrugated boxes. The company offers corrugated boxes for milk and biscuits, drugs and medicines, processed and semi-processed foods, edible oils, fruits and vegetables, and electronic goods.

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