Rolcon Engineering Co (BOM:505807) Receivables Turnover : 1.10 (As of Sep. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Rolcon Engineering Co 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. Rolcon Engineering Co's Revenue for the three months ended in Sep. 2024 was ₹144.8 Mil. Rolcon Engineering Co's average Accounts Receivable for the three months ended in Sep. 2024 was ₹131.3 Mil. Hence, Rolcon Engineering Co's Receivables Turnover for the three months ended in Sep. 2024 was 1.10.

Rolcon Engineering Co Receivables Turnover Historical Data

The historical data trend for Rolcon Engineering Co'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.

Rolcon Engineering Co Receivables Turnover Chart

Rolcon Engineering Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

6.11

6.79

9.71

7.07

5.62

Rolcon Engineering Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.76	1.54	1.10	1.64	1.10

Competitive Comparison of Rolcon Engineering Co's Receivables Turnover

For the Tools & Accessories subindustry, Rolcon Engineering Co'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.

Rolcon Engineering Co's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rolcon Engineering Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Rolcon Engineering Co's Receivables Turnover falls into.

Rolcon Engineering Co Receivables Turnover Calculation

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

Rolcon Engineering Co'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 )
=	500.276	/ (	(74.874	+	103.139)	/	2 )
=	500.276	/	89.0065
=	5.62

Rolcon Engineering Co's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	144.809	/ (	(0	+	131.283)	/	1 )
=	144.809	/	131.283
=	1.10

Rolcon Engineering Co (BOM:505807) 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.

Rolcon Engineering Co Receivables Turnover Related Terms

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

Rolcon Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rolcon Engineering Co Ltd (BOM:505807) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anand-Sojitra Road, Anand, Vallabh Vidyanagar, GJ, IND, 388120

Website

https://www.rolconengineering.com

Rolcon Engineering Co Ltd is engaged in the business of manufacturing transmission precision roller chains, conveyors, elevators, and special purpose chains. The company earns revenue from the sales of Industrial chains and Sprocket wheels, of which a majority of revenue is generated from the sale of Industrial chains. The company has identified its business of Manufacturing Engineering Goods which is its only segment. Some of the products manufactured by the company are bucket elevator chains, block link type conveyor chains, reclaimer scraper chains, rope-way chains, roller chains, simplex roller chains, leaf chains, ROL-KOBO sprocket, ROL-KOBO split type sprocket, mounted sprocket, and many more. Geographically, the majority of revenue is generated from India.

Rolcon Engineering Co Headlines

No Headlines