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Butterfly Gandhimathi Appliances (BOM:517421) Receivables Turnover : 1.74 (As of Sep. 2024)


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What is Butterfly Gandhimathi Appliances 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. Butterfly Gandhimathi Appliances's Revenue for the three months ended in Sep. 2024 was ₹2,577 Mil. Butterfly Gandhimathi Appliances's average Accounts Receivable for the three months ended in Sep. 2024 was ₹1,485 Mil. Hence, Butterfly Gandhimathi Appliances's Receivables Turnover for the three months ended in Sep. 2024 was 1.74.


Butterfly Gandhimathi Appliances Receivables Turnover Historical Data

The historical data trend for Butterfly Gandhimathi Appliances'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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Butterfly Gandhimathi Appliances Receivables Turnover Chart

Butterfly Gandhimathi Appliances 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 5.77 9.06 11.49 9.63 7.19

Butterfly Gandhimathi Appliances 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 1.70 1.31 1.17 1.38 1.74

Competitive Comparison of Butterfly Gandhimathi Appliances's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Butterfly Gandhimathi Appliances'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.


Butterfly Gandhimathi Appliances's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Butterfly Gandhimathi Appliances's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Butterfly Gandhimathi Appliances's Receivables Turnover falls into.



Butterfly Gandhimathi Appliances Receivables Turnover Calculation

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

Butterfly Gandhimathi Appliances'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 )
=9194.555 / ((1237.08 + 1318.765) / 2 )
=9194.555 / 1277.9225
=7.19

Butterfly Gandhimathi Appliances'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 )
=2577.013 / ((0 + 1485.104) / 1 )
=2577.013 / 1485.104
=1.74

* 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.


Butterfly Gandhimathi Appliances  (BOM:517421) 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.


Butterfly Gandhimathi Appliances Receivables Turnover Related Terms

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Butterfly Gandhimathi Appliances Business Description

Traded in Other Exchanges
Address
Rajiv Gandhi Salai, E-34, 2nd Floor, Egattur Village, Chengalpattu District, Navalur, Chennai, TN, IND, 600130
Butterfly Gandhimathi Appliances Ltd is a kitchen appliances company in India. The company is engaged in offering kitchen and electrical appliances, cookware, and other products. The company manufactures LPG Stoves, mixer grinders, tabletop wet grinders, Vegetable Choppers, Water Bottles, Hand Blenders, power hobs, electrical rice cookers, chimneys, and stainless steel and aluminum pressure cookers among others. Geographically the company generates the majority of its revenue from India.

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