Goyallt (NSE:GOYALSALT) Receivables Turnover : 7.89 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Goyallt 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. Goyallt's Revenue for the six months ended in Mar. 2023 was ₹1,176 Mil. Goyallt's average Accounts Receivable for the six months ended in Mar. 2023 was ₹149 Mil. Hence, Goyallt's Receivables Turnover for the six months ended in Mar. 2023 was 7.89.

Goyallt Receivables Turnover Historical Data

The historical data trend for Goyallt'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.

* Premium members only.

Goyallt Receivables Turnover Chart

Goyallt Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

8.59

5.45

4.73

7.89

Goyallt Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Receivables Turnover	8.59	5.45	4.73	7.89

Competitive Comparison of Goyallt's Receivables Turnover

For the Packaged Foods subindustry, Goyallt'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.

Goyallt's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Goyallt's Receivables Turnover distribution charts can be found below:

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

Goyallt Receivables Turnover Calculation

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

Goyallt'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 )
=	1176.419	/ (	(142.449	+	155.694)	/	2 )
=	1176.419	/	149.0715
=	7.89

Goyallt'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: Mar. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	1176.419	/ (	(142.449	+	155.694)	/	2 )
=	1176.419	/	149.0715
=	7.89

Goyallt (NSE:GOYALSALT) 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.

Goyallt Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Goyallt's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Goyallt (NSE:GOYALSALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goyal Salt Ltd (NSE:GOYALSALT) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.goyalsaltltd.com

Goyal Salt Ltd is a company which is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. It refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

Goyallt (NSE:GOYALSALT) Headlines

No Headlines