Nuvoco Vista (BOM:543334) Receivables Turnover : 4.97 (As of Mar. 2024)

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What is Nuvoco Vista 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. Nuvoco Vista's Revenue for the three months ended in Mar. 2024 was ₹29,334 Mil. Nuvoco Vista's average Accounts Receivable for the three months ended in Mar. 2024 was ₹5,907 Mil. Hence, Nuvoco Vista's Receivables Turnover for the three months ended in Mar. 2024 was 4.97.

Nuvoco Vista Receivables Turnover Historical Data

The historical data trend for Nuvoco Vista'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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Nuvoco Vista Receivables Turnover Chart

Nuvoco Vista Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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13.40

15.15

17.68

18.06

18.01

Nuvoco Vista Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial												4.87	4.67	3.59	3.38	4.97

Competitive Comparison of Nuvoco Vista's Receivables Turnover

For the Building Materials subindustry, Nuvoco Vista'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.

Nuvoco Vista's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Nuvoco Vista's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nuvoco Vista's Receivables Turnover falls into.

Nuvoco Vista Receivables Turnover Calculation

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

Nuvoco Vista'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 )
=	107328.9	/ (	(6011.8	+	5906.8)	/	2 )
=	107328.9	/	5959.3
=	18.01

Nuvoco Vista'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 )
=	29334.4	/ (	(0	+	5906.8)	/	1 )
=	29334.4	/	5906.8
=	4.97

Nuvoco Vista (BOM:543334) 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.

Nuvoco Vista Receivables Turnover Related Terms

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Nuvoco Vista (BOM:543334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Nuvoco Vista Corp Ltd (BOM:543334) » Definitions » Receivables Turnover

Traded in Other Exchanges

NUVOCO:India

Address

LBS Marg, Equinox Business Park, Tower 3, East Wing, 4th Floor, Off Bandra-Kurla Complex, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.nuvoco.com

Nuvoco Vista Corp Ltd is a cement and concrete manufacturing company. It offers diversified products such as cement, ready-mix concrete, and modern building materials. The company generates maximum revenue from the cement segment.

Nuvoco Vista (BOM:543334) Headlines

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