GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Deccan Cements Ltd (BOM:502137) » Definitions » Receivables Turnover

Deccan Cements (BOM:502137) Receivables Turnover : 3.45 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Deccan Cements 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. Deccan Cements's Revenue for the three months ended in Dec. 2023 was ₹2,169 Mil. Deccan Cements's average Accounts Receivable for the three months ended in Dec. 2023 was ₹628 Mil. Hence, Deccan Cements's Receivables Turnover for the three months ended in Dec. 2023 was 3.45.


Deccan Cements Receivables Turnover Historical Data

The historical data trend for Deccan Cements'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.

Deccan Cements Receivables Turnover Chart

Deccan Cements Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.48 17.45 20.76 32.44 30.13

Deccan Cements 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 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 2.93 6.90 6.81 2.66 3.45

Competitive Comparison of Deccan Cements's Receivables Turnover

For the Building Materials subindustry, Deccan Cements'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.


Deccan Cements's Receivables Turnover Distribution in the Building Materials Industry

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

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



Deccan Cements Receivables Turnover Calculation

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

Deccan Cements'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 )
=7801.649 / ((235.809 + 282.098) / 2 )
=7801.649 / 258.9535
=30.13

Deccan Cements'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 )
=2168.596 / ((627.88 + 0) / 1 )
=2168.596 / 627.88
=3.45

* 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.


Deccan Cements  (BOM:502137) 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.


Deccan Cements Receivables Turnover Related Terms

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


Deccan Cements (BOM:502137) Business Description

Traded in Other Exchanges
Address
Deccan Chambers, 6-3-666/B, 6th Floor, Somajiguda, Hyderabad, TG, IND, 500082
Deccan Cements Ltd is engaged in the manufacturing and marketing of cement in India. It produces cement in form of Clinker, Portland cement, Slag cement and similar. In addition, it is also engaged in the generation of electricity. Its power division includes Thermal, Hydel, and Wind. The firm sells its product under Deccan Cements brand.

Deccan Cements (BOM:502137) Headlines

No Headlines