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G G Dandekar Properties (BOM:505250) Receivables Turnover : 520.90 (As of Dec. 2023)


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What is G G Dandekar Properties 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. G G Dandekar Properties's Revenue for the three months ended in Dec. 2023 was ₹5.21 Mil. G G Dandekar Properties's average Accounts Receivable for the three months ended in Dec. 2023 was ₹0.01 Mil. Hence, G G Dandekar Properties's Receivables Turnover for the three months ended in Dec. 2023 was 520.90.


G G Dandekar Properties Receivables Turnover Historical Data

The historical data trend for G G Dandekar Properties'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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G G Dandekar Properties Receivables Turnover Chart

G G Dandekar Properties 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 15.45 26.88 27.13 - 61.34

G G Dandekar Properties 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 183.08 26.49 30.78 888.90 520.90

Competitive Comparison of G G Dandekar Properties's Receivables Turnover

For the Specialty Industrial Machinery subindustry, G G Dandekar Properties'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.


G G Dandekar Properties's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, G G Dandekar Properties's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where G G Dandekar Properties's Receivables Turnover falls into.



G G Dandekar Properties Receivables Turnover Calculation

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

G G Dandekar Properties'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 )
=25.089 / ((0.517 + 0.301) / 2 )
=25.089 / 0.409
=61.34

G G Dandekar Properties'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 )
=5.209 / ((0.01 + 0) / 1 )
=5.209 / 0.01
=520.90

* 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.


G G Dandekar Properties  (BOM:505250) 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.


G G Dandekar Properties Receivables Turnover Related Terms

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G G Dandekar Properties (BOM:505250) Business Description

Traded in Other Exchanges
N/A
Address
211/A, MIDC, Butibori Industrial Area, Village Kinhi, Taluka Hingna, Nagpur, MH, IND, 441122
G G Dandekar Properties Ltd Formerly G G Dandekar Machine Works Ltd is engaged in the business of manufacturing food processing machineries, especially for rice milling, Dal milling, and Spices grinding. The company's products include Vibro Cleaner, Vibro Destoner, Paddy Seperator, Rice Whitening Machine, Silky Polishers, Pneumatic Rubber Roll Sheller, Negative Bran Suction, Trieur Cylinder, and Colour Sorters.

G G Dandekar Properties (BOM:505250) Headlines

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