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Bharat Gears (BOM:505688) Receivables Turnover : 1.34 (As of Dec. 2024)


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What is Bharat Gears 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. Bharat Gears's Revenue for the three months ended in Dec. 2024 was ₹1,421 Mil. Bharat Gears's average Accounts Receivable for the three months ended in Dec. 2024 was ₹1,064 Mil. Hence, Bharat Gears's Receivables Turnover for the three months ended in Dec. 2024 was 1.34.


Bharat Gears Receivables Turnover Historical Data

The historical data trend for Bharat Gears'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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Bharat Gears Receivables Turnover Chart

Bharat Gears 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 4.14 4.71 5.68 5.60 5.40

Bharat Gears 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 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 1.22 1.31 1.43 1.55 1.34

Competitive Comparison of Bharat Gears's Receivables Turnover

For the Auto Parts subindustry, Bharat Gears'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.


Bharat Gears's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bharat Gears's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bharat Gears's Receivables Turnover falls into.


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Bharat Gears Receivables Turnover Calculation

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

Bharat Gears'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 )
=6449.011 / ((1225.283 + 1161.887) / 2 )
=6449.011 / 1193.585
=5.40

Bharat Gears'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 )
=1420.8 / ((1063.5 + 0) / 1 )
=1420.8 / 1063.5
=1.34

* 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.


Bharat Gears  (BOM:505688) 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.


Bharat Gears Receivables Turnover Related Terms

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Bharat Gears Business Description

Traded in Other Exchanges
Address
14th Floor, Hoechst House, Nariman Point, Mumbai, MH, IND, 400021
Bharat Gears Ltd is engaged in the automotive gears business. The company offers a wide range of gear products such as ring gears and pinions, transmission gears and shafts, differential gears, gearboxes and heat treatment furnaces. The company caters to the commercial vehicle, agricultural machinery, construction equipment segments and other. It has a presence in India and USA, Mexico, Spain, and Other countries.

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