Abhishek Integrations (NSE:AILIMITED) Receivables Turnover : 8.33 (As of Mar. 2024)

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What is Abhishek Integrations 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. Abhishek Integrations's Revenue for the six months ended in Mar. 2024 was ₹145.9 Mil. Abhishek Integrations's average Accounts Receivable for the six months ended in Mar. 2024 was ₹17.5 Mil. Hence, Abhishek Integrations's Receivables Turnover for the six months ended in Mar. 2024 was 8.33.

Abhishek Integrations Receivables Turnover Historical Data

The historical data trend for Abhishek Integrations'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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Abhishek Integrations Receivables Turnover Chart

Abhishek Integrations Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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14.61

3.30

9.32

12.56

9.94

Abhishek Integrations Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial					5.86	8.65	10.13	8.17	8.33

Competitive Comparison of Abhishek Integrations's Receivables Turnover

For the Infrastructure Operations subindustry, Abhishek Integrations'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.

Abhishek Integrations's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Abhishek Integrations's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Abhishek Integrations's Receivables Turnover falls into.

Abhishek Integrations Receivables Turnover Calculation

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

Abhishek Integrations'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 )
=	254.476	/ (	(21.362	+	29.824)	/	2 )
=	254.476	/	25.593
=	9.94

Abhishek Integrations'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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	145.9	/ (	(5.22	+	29.824)	/	2 )
=	145.9	/	17.522
=	8.33

Abhishek Integrations (NSE:AILIMITED) 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.

Abhishek Integrations Receivables Turnover Related Terms

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Abhishek Integrations (NSE:AILIMITED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Abhishek Integrations Ltd (NSE:AILIMITED) » Definitions » Receivables Turnover

Traded in Other Exchanges

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Address

Gandhinagar Hwy, opp. Rajpath Rangoli Road, 801, Venus Benecia, Sarkhej, Bodakdev, Ahmedabad, GJ, IND, 380053

Website

http://www.abhishekintegrations.com

Abhishek Integrations Ltd is engaged in developing, operating, and maintenance of electrical and mechanical work and its installation at various airports in India. The firm has various ongoing projects of the airport authority of India located at Ahmedabad, Allahabad, Aurangabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur, and Vadodara among others.

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