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Focus Lighting and Fixtures (NSE:FOCUS) Receivables Turnover : 3.52 (As of Mar. 2023)


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What is Focus Lighting and Fixtures 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. Focus Lighting and Fixtures's Revenue for the six months ended in Mar. 2023 was ₹1,017 Mil. Focus Lighting and Fixtures's average Accounts Receivable for the six months ended in Mar. 2023 was ₹289 Mil. Hence, Focus Lighting and Fixtures's Receivables Turnover for the six months ended in Mar. 2023 was 3.52.


Focus Lighting and Fixtures Receivables Turnover Historical Data

The historical data trend for Focus Lighting and Fixtures'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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Focus Lighting and Fixtures Receivables Turnover Chart

Focus Lighting and Fixtures 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 6.65 4.49 2.80 5.01 5.99

Focus Lighting and Fixtures Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 2.74 2.35 2.67 2.62 3.52

Competitive Comparison of Focus Lighting and Fixtures's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.


Focus Lighting and Fixtures's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Receivables Turnover falls into.



Focus Lighting and Fixtures Receivables Turnover Calculation

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

Focus Lighting and Fixtures'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 )
=1685.838 / ((247.116 + 316.131) / 2 )
=1685.838 / 281.6235
=5.99

Focus Lighting and Fixtures'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 )
=1017.267 / ((262.504 + 316.131) / 2 )
=1017.267 / 289.3175
=3.52

* 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.


Focus Lighting and Fixtures  (NSE:FOCUS) 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.


Focus Lighting and Fixtures Receivables Turnover Related Terms

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Focus Lighting and Fixtures (NSE:FOCUS) Business Description

Traded in Other Exchanges
N/A
Address
Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, Goregaon (East), Mumbai, MH, IND, 400063
Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.

Focus Lighting and Fixtures (NSE:FOCUS) Headlines

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