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UTL Industries (BOM:500426) Receivables Turnover : 1.53 (As of Mar. 2024)


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What is UTL Industries 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. UTL Industries's Revenue for the three months ended in Mar. 2024 was ₹0.40 Mil. UTL Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹0.26 Mil. Hence, UTL Industries's Receivables Turnover for the three months ended in Mar. 2024 was 1.53.


UTL Industries Receivables Turnover Historical Data

The historical data trend for UTL Industries'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.

UTL Industries Receivables Turnover Chart

UTL Industries 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 0.88 0.34 0.01 0.01 0.02

UTL Industries 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 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 - - 0.41 0.20 1.53

Competitive Comparison of UTL Industries's Receivables Turnover

For the Engineering & Construction subindustry, UTL Industries'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.


UTL Industries's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, UTL Industries's Receivables Turnover distribution charts can be found below:

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



UTL Industries Receivables Turnover Calculation

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

UTL Industries'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 )
=0.733 / ((59.621 + 0.258) / 2 )
=0.733 / 29.9395
=0.02

UTL Industries'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 )
=0.395 / ((0 + 0.258) / 1 )
=0.395 / 0.258
=1.53

* 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.


UTL Industries  (BOM:500426) 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.


UTL Industries Receivables Turnover Related Terms

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UTL Industries (BOM:500426) Business Description

Traded in Other Exchanges
N/A
Address
607, World Trade Center, Sayajigunj, Vadodara, GJ, IND, 390005
UTL Industries Ltd is an Indian-based company engaged in construction activities. It is also involved in the supply and management of manpower, infrastructure, and development of infrastructure and real estate projects and SMS Services.

UTL Industries (BOM:500426) Headlines

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