Lakshmi Electrical Control Systems (BOM:504258) Receivables Turnover : 0.77 (As of Dec. 2024)

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What is Lakshmi Electrical Control Systems 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. Lakshmi Electrical Control Systems's Revenue for the three months ended in Dec. 2024 was ₹494 Mil. Lakshmi Electrical Control Systems's average Accounts Receivable for the three months ended in Dec. 2024 was ₹638 Mil. Hence, Lakshmi Electrical Control Systems's Receivables Turnover for the three months ended in Dec. 2024 was 0.77.

Lakshmi Electrical Control Systems Receivables Turnover Historical Data

The historical data trend for Lakshmi Electrical Control Systems'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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Lakshmi Electrical Control Systems Receivables Turnover Chart

Lakshmi Electrical Control Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

3.16

3.49

4.58

4.64

4.53

Lakshmi Electrical Control Systems Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															0.92	1.02	0.85	0.84	0.77

Competitive Comparison of Lakshmi Electrical Control Systems's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Lakshmi Electrical Control Systems'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.

Lakshmi Electrical Control Systems's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lakshmi Electrical Control Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lakshmi Electrical Control Systems's Receivables Turnover falls into.

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Lakshmi Electrical Control Systems Receivables Turnover Calculation

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

Lakshmi Electrical Control Systems'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 )
=	3376.694	/ (	(886.052	+	603.175)	/	2 )
=	3376.694	/	744.6135
=	4.53

Lakshmi Electrical Control Systems's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	493.681	/ (	(637.891	+	0)	/	1 )
=	493.681	/	637.891
=	0.77

Lakshmi Electrical Control Systems (BOM:504258) 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.

Lakshmi Electrical Control Systems Receivables Turnover Related Terms

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Lakshmi Electrical Control Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lakshmi Electrical Control Systems Ltd (BOM:504258) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Arasur, Coimbatore, TN, IND, 641 407

Website

https://www.lecsindia.com

Lakshmi Electrical Control Systems Ltd is engaged in the manufacturing and selling of control panels and plastic components. The company's operating segment includes Electricals, Plastics, and Wind power generation. It generates maximum revenue from the Electricals segment. The company manufactures control panels for various industrial applications such as Textile Machinery, Machine Tools, Automatic Power Factor Correction (APFC), Energy Saver, Compressors, Variable Frequency Drive (VFD) Panels, Motor Control Center (MCC), Medium Voltage (MV) and Low Voltage (LV) Control Panels and others.

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