GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » India Cements Capital Ltd (BOM:511355) » Definitions » Receivables Turnover

India Cements Capital (BOM:511355) Receivables Turnover : 0.58 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is India Cements Capital 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. India Cements Capital's Revenue for the three months ended in Dec. 2023 was ₹16 Mil. India Cements Capital's average Accounts Receivable for the three months ended in Dec. 2023 was ₹28 Mil. Hence, India Cements Capital's Receivables Turnover for the three months ended in Dec. 2023 was 0.58.


India Cements Capital Receivables Turnover Historical Data

The historical data trend for India Cements Capital'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.

India Cements Capital Receivables Turnover Chart

India Cements Capital 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 107.01 258.48 27.09 40.60 79.53

India Cements Capital 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 0.41 66.43 0.59 0.67 0.58

Competitive Comparison of India Cements Capital's Receivables Turnover

For the Capital Markets subindustry, India Cements Capital'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.


India Cements Capital's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, India Cements Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where India Cements Capital's Receivables Turnover falls into.



India Cements Capital Receivables Turnover Calculation

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

India Cements Capital'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 )
=2080.352 / ((21.499 + 30.817) / 2 )
=2080.352 / 26.158
=79.53

India Cements Capital'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 )
=16.271 / ((28.028 + 0) / 1 )
=16.271 / 28.028
=0.58

* 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.


India Cements Capital  (BOM:511355) 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.


India Cements Capital Receivables Turnover Related Terms

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


India Cements Capital (BOM:511355) Business Description

Traded in Other Exchanges
N/A
Address
No. 827, Dhun Building, Anna Salai, 3rd Floor, Chennai, TN, IND, 600002
India Cements Capital Ltd is a non-banking finance company. It is engaged in providing fee-based activities including risk management services for importers and exporters, money changing, travel services, interbank Forex broking and share broking.

India Cements Capital (BOM:511355) Headlines

No Headlines