Prism Johnson (BOM:500338) Receivables Turnover : 2.31 (As of Dec. 2023)

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What is Prism Johnson 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. Prism Johnson's Revenue for the three months ended in Dec. 2023 was ₹17,145 Mil. Prism Johnson's average Accounts Receivable for the three months ended in Dec. 2023 was ₹7,419 Mil. Hence, Prism Johnson's Receivables Turnover for the three months ended in Dec. 2023 was 2.31.

Prism Johnson Receivables Turnover Historical Data

The historical data trend for Prism Johnson'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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Prism Johnson Receivables Turnover Chart

Prism Johnson Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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8.85

8.25

8.23

9.85

11.01

Prism Johnson Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.78	3.03	2.74	2.33	2.31

Competitive Comparison of Prism Johnson's Receivables Turnover

For the Building Materials subindustry, Prism Johnson'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.

Prism Johnson's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Prism Johnson's Receivables Turnover distribution charts can be found below:

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

Prism Johnson Receivables Turnover Calculation

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

Prism Johnson'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 )
=	72614.9	/ (	(6238	+	6947.1)	/	2 )
=	72614.9	/	6592.55
=	11.01

Prism Johnson's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	17145.3	/ (	(7419.1	+	0)	/	1 )
=	17145.3	/	7419.1
=	2.31

Prism Johnson (BOM:500338) 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.

Prism Johnson Receivables Turnover Related Terms

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Prism Johnson (BOM:500338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Prism Johnson Ltd (BOM:500338) » Definitions » Receivables Turnover

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PRSMJOHNSN:India

Address

Vallabhai Patel Road, 2nd Floor, Rahejas, Main Avenue, Santacruz (West), Mumbai, MH, IND, 400 054

Website

https://www.prismjohnson.in

Prism Johnson Ltd is an integrated building materials company that makes cement products. Prism creates Portland pozzolana cement and sells it under multiple brand names that include Champion, Hi-Tech, and DuraTech. Prism operates two subsidiaries that supplement its core cement offerings: H&R Johnson and RMC Readymix. H&R Johnson builds sanitary products and ceramic tiles for kitchens and bathrooms. RMC Readymix sells ready-mixed concrete under brand names that include Enviroprotectcrete, Thermocrete, and Dycrete. It has three business segments Cement; Tile and Bath (HRJ) and Ready Mixed Concrete (RMC). The company generates the vast majority of its revenue in India.

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