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Bhagwati Oxygen (BOM:509449) Receivables Turnover : 0.11 (As of Sep. 2024)


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What is Bhagwati Oxygen 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. Bhagwati Oxygen's Revenue for the three months ended in Sep. 2024 was ₹3.05 Mil. Bhagwati Oxygen's average Accounts Receivable for the three months ended in Sep. 2024 was ₹28.68 Mil. Hence, Bhagwati Oxygen's Receivables Turnover for the three months ended in Sep. 2024 was 0.11.


Bhagwati Oxygen Receivables Turnover Historical Data

The historical data trend for Bhagwati Oxygen'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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Bhagwati Oxygen Receivables Turnover Chart

Bhagwati Oxygen 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 1.38 0.14 0.40 0.23 0.24

Bhagwati Oxygen 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 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 0.06 0.01 0.05 0.08 0.11

Competitive Comparison of Bhagwati Oxygen's Receivables Turnover

For the Specialty Chemicals subindustry, Bhagwati Oxygen'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.


Bhagwati Oxygen's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bhagwati Oxygen's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bhagwati Oxygen's Receivables Turnover falls into.



Bhagwati Oxygen Receivables Turnover Calculation

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

Bhagwati Oxygen'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 )
=7.235 / ((31.378 + 29.193) / 2 )
=7.235 / 30.2855
=0.24

Bhagwati Oxygen'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 )
=3.051 / ((0 + 28.676) / 1 )
=3.051 / 28.676
=0.11

* 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.


Bhagwati Oxygen  (BOM:509449) 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.


Bhagwati Oxygen Receivables Turnover Related Terms

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Bhagwati Oxygen Business Description

Traded in Other Exchanges
N/A
Address
Plot Number 5, Sector 25, Ballabgarh, HR, IND, 121004
Bhagwati Oxygen Ltd is a manufacturing and engineering company with a core focus on industrial gas manufacturing, technology, systems and equipment. It operates in two reporting segments; Gases and Power.

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