Rushil Decor (NSE:RUSHIL) Receivables Turnover : 1.42 (As of Mar. 2024)

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What is Rushil Decor 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. Rushil Decor's Revenue for the three months ended in Mar. 2024 was ₹2,334 Mil. Rushil Decor's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,641 Mil. Hence, Rushil Decor's Receivables Turnover for the three months ended in Mar. 2024 was 1.42.

Rushil Decor Receivables Turnover Historical Data

The historical data trend for Rushil Decor'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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Rushil Decor Receivables Turnover Chart

Rushil Decor Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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5.62

5.51

8.81

8.33

5.97

Rushil Decor 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															1.80	1.62	1.65	1.72	1.42

Competitive Comparison of Rushil Decor's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Rushil Decor'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.

Rushil Decor's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Rushil Decor Receivables Turnover Calculation

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

Rushil Decor'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 )
=	8439.696	/ (	(1187.409	+	1640.693)	/	2 )
=	8439.696	/	1414.051
=	5.97

Rushil Decor'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 )
=	2334.253	/ (	(0	+	1640.693)	/	1 )
=	2334.253	/	1640.693
=	1.42

Rushil Decor (NSE:RUSHIL) 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.

Rushil Decor Receivables Turnover Related Terms

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Rushil Decor (NSE:RUSHIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Rushil Decor Ltd (NSE:RUSHIL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

533470:India

Address

Off. Sindhu Bhavan Road, Rushil House, Near Neelkanth Green Bungalow, Shilaj, Ahmedabad, GJ, IND, 380058

Website

https://www.rushil.com

Rushil Decor Ltd is an Indian company engaged in the manufacturing of wood engineered products. The segments of the company include Decorative Laminated Sheets, Medium Density Fiber Board, Polyvinyl Chloride Boards, and Medium Density Fiber Board - AP Unit. It generates maximum revenue from Decorative Laminated Sheets segment. Geographically, it derives a majority of revenue from India. It offers products such as single-sided or decorative laminate sheet, double-sided or compact laminate sheets, post-forming laminates, metal bond-laminates, digital laminates, color core laminates, and tabletop grade laminates.

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