GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bajaj Electricals Ltd (BOM:500031) » Definitions » Receivables Turnover

Bajaj Electricals (BOM:500031) Receivables Turnover : 1.01 (As of Sep. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Bajaj Electricals 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. Bajaj Electricals's Revenue for the three months ended in Sep. 2024 was ₹11,146 Mil. Bajaj Electricals's average Accounts Receivable for the three months ended in Sep. 2024 was ₹10,998 Mil. Hence, Bajaj Electricals's Receivables Turnover for the three months ended in Sep. 2024 was 1.01.


Bajaj Electricals Receivables Turnover Historical Data

The historical data trend for Bajaj Electricals'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.

Bajaj Electricals Receivables Turnover Chart

Bajaj Electricals 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 2.11 2.55 3.57 4.33 4.06

Bajaj Electricals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.03 1.14 1.02 0.99 1.01

Competitive Comparison of Bajaj Electricals's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Bajaj Electricals'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.


Bajaj Electricals's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Bajaj Electricals Receivables Turnover Calculation

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

Bajaj Electricals'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 )
=46223.46 / ((11113.026 + 11631.75) / 2 )
=46223.46 / 11372.388
=4.06

Bajaj Electricals's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=11146.2 / ((0 + 10997.5) / 1 )
=11146.2 / 10997.5
=1.01

* 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.


Bajaj Electricals  (BOM:500031) 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.


Bajaj Electricals Receivables Turnover Related Terms

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


Bajaj Electricals Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 27th Floor, One Unity Center, Prabhadevi West, Mumbai, MH, IND, 400013
Bajaj Electricals Ltd is an Indian company that manufactures and sells consumer electrical appliances. The company's operating segment includes Consumer Products and Lighting. The Consumer Products segment, which is the key revenue driver, represents the sale of appliances, fans, and consumer lighting products. The Lighting segment includes professional lighting (B2B) and consumer lighting (B2C). The group has a business presence in India and outside India.

Bajaj Electricals Headlines

No Headlines