Krishanveer Forge (BOM:513369) Receivables Turnover : 0.95 (As of Dec. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Krishanveer Forge 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. Krishanveer Forge's Revenue for the three months ended in Dec. 2024 was ₹181.6 Mil. Krishanveer Forge's average Accounts Receivable for the three months ended in Dec. 2024 was ₹190.9 Mil. Hence, Krishanveer Forge's Receivables Turnover for the three months ended in Dec. 2024 was 0.95.

Krishanveer Forge Receivables Turnover Historical Data

The historical data trend for Krishanveer Forge'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.

Krishanveer Forge Receivables Turnover Chart

Krishanveer Forge Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

3.18

2.80

3.98

3.94

3.86

Krishanveer Forge 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															1.29	0.51	1.25	1.05	0.95

Competitive Comparison of Krishanveer Forge's Receivables Turnover

For the Metal Fabrication subindustry, Krishanveer Forge'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.

Krishanveer Forge's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Krishanveer Forge's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Krishanveer Forge Receivables Turnover Calculation

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

Krishanveer Forge'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 )
=	705.736	/ (	(167.911	+	197.8)	/	2 )
=	705.736	/	182.8555
=	3.86

Krishanveer Forge'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 )
=	181.579	/ (	(190.941	+	0)	/	1 )
=	181.579	/	190.941
=	0.95

Krishanveer Forge (BOM:513369) 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.

Krishanveer Forge Receivables Turnover Related Terms

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

Krishanveer Forge Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krishanveer Forge Ltd (BOM:513369) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Global Square, S. No. 247, Office No. 511 to 513, 14B, Yerawada, Pune, MH, IND, 411 006

Website

https://www.kvforge.com

Krishanveer Forge Ltd is engaged in the business of manufacturing and selling open die forging facilities catering across industries including oil and Gas, infrastructure, Power transmission, mining, and construction. It has one segment namely, the manufacture of forgings. The products in which the company deals are mill roller shafts, gear shafts, tail bars, gear rings, blanks, table rolls, pinions, spindles, elongator rolls, wobblers, and gearing components. Geographically, it derives a majority of its revenue from India.

Krishanveer Forge Headlines

No Headlines