BEML (BOM:500048) Receivables Turnover : 1.07 (As of Mar. 2024)

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What is BEML 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. BEML's Revenue for the three months ended in Mar. 2024 was ₹15,349 Mil. BEML's average Accounts Receivable for the three months ended in Mar. 2024 was ₹14,392 Mil. Hence, BEML's Receivables Turnover for the three months ended in Mar. 2024 was 1.07.

BEML Receivables Turnover Historical Data

The historical data trend for BEML'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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BEML Receivables Turnover Chart

BEML Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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1.93

2.09

2.32

2.52

3.03

BEML 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															1.14	0.47	0.82	0.94	1.07

Competitive Comparison of BEML's Receivables Turnover

For the Conglomerates subindustry, BEML'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.

BEML's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BEML's Receivables Turnover distribution charts can be found below:

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

BEML Receivables Turnover Calculation

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

BEML'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 )
=	40543.2	/ (	(12367.002	+	14391.9)	/	2 )
=	40543.2	/	13379.451
=	3.03

BEML'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 )
=	15348.5	/ (	(0	+	14391.9)	/	1 )
=	15348.5	/	14391.9
=	1.07

BEML (BOM:500048) 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.

BEML Receivables Turnover Related Terms

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BEML (BOM:500048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » BEML Ltd (BOM:500048) » Definitions » Receivables Turnover

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BEML:India

Address

No. 23/1, 4th Main Road, BEML Soudha, S.R. Nagar, Bengaluru, KA, IND, 560 027

Website

https://www.bemlindia.in

BEML Ltd is an India-based company that primarily operates through three segments. The mining and construction segment offers a wide range of mining machinery for both opencast and underground mines. This segment also comprises the company's holdings in a joint venture that takes up contract mining. The rail and metro segment provides rail coaches, overhead electric inspection cars, postal vans, and other equipment to Indian railways. The Defense segment provides military equipment to the Indian Army and other defence forces.

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