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GMM Pfaudler (NSE:GMMPFAUDLR) Receivables Turnover : 1.71 (As of Mar. 2024)


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What is GMM Pfaudler 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. GMM Pfaudler's Revenue for the three months ended in Mar. 2024 was ₹7,407 Mil. GMM Pfaudler's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,328 Mil. Hence, GMM Pfaudler's Receivables Turnover for the three months ended in Mar. 2024 was 1.71.


GMM Pfaudler Receivables Turnover Historical Data

The historical data trend for GMM Pfaudler'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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GMM Pfaudler Receivables Turnover Chart

GMM Pfaudler 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 8.29 5.18 7.57 8.03 7.94

GMM Pfaudler 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 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 Premium Member Only 1.99 2.09 2.02 1.84 1.71

Competitive Comparison of GMM Pfaudler's Receivables Turnover

For the Specialty Industrial Machinery subindustry, GMM Pfaudler'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.


GMM Pfaudler's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GMM Pfaudler's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GMM Pfaudler's Receivables Turnover falls into.



GMM Pfaudler Receivables Turnover Calculation

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

GMM Pfaudler'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 )
=34464.8 / ((4355.3 + 4328.3) / 2 )
=34464.8 / 4341.8
=7.94

GMM Pfaudler'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 )
=7407.3 / ((0 + 4328.3) / 1 )
=7407.3 / 4328.3
=1.71

* 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.


GMM Pfaudler  (NSE:GMMPFAUDLR) 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.


GMM Pfaudler Receivables Turnover Related Terms

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GMM Pfaudler (NSE:GMMPFAUDLR) Business Description

Traded in Other Exchanges
Address
Sewri - Chembur Road, 902 Lodha Excelus, Commercial Tower 1, New Cuffe Parade, Mumbai, MH, IND, 400 037
GMM Pfaudler Ltd is an India-based company engaged in manufacturing corrosion-resistant glass-lined equipment used primarily in the chemical, pharmaceutical, and allied industries. In addition, it also manufactures flouro-polymer products and other chemical process equipment such as agitated nutsche filters, filter driers, wiped film evaporators, and mixing systems. It serves pharmaceutical, specialty chemicals, agrochemicals, and other chemical processing industries. The company operates in India and internationally, and derives maximum revenue from the Indian market.

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