Narbada Gems & Jewellery (BOM:519455) Receivables Turnover : 1.00 (As of Dec. 2024)

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What is Narbada Gems & Jewellery 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. Narbada Gems & Jewellery's Revenue for the three months ended in Dec. 2024 was ₹215.1 Mil. Narbada Gems & Jewellery's average Accounts Receivable for the three months ended in Dec. 2024 was ₹214.5 Mil. Hence, Narbada Gems & Jewellery's Receivables Turnover for the three months ended in Dec. 2024 was 1.00.

Narbada Gems & Jewellery Receivables Turnover Historical Data

The historical data trend for Narbada Gems & Jewellery'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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Narbada Gems & Jewellery Receivables Turnover Chart

Narbada Gems & Jewellery Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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5.16

2.73

4.45

5.72

6.07

Narbada Gems & Jewellery 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															1.93	1.24	3.16	0.87	1.00

Competitive Comparison of Narbada Gems & Jewellery's Receivables Turnover

For the Luxury Goods subindustry, Narbada Gems & Jewellery'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.

Narbada Gems & Jewellery's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Narbada Gems & Jewellery's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Narbada Gems & Jewellery's Receivables Turnover falls into.

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Narbada Gems & Jewellery Receivables Turnover Calculation

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

Narbada Gems & Jewellery'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 )
=	843.17	/ (	(203.869	+	73.965)	/	2 )
=	843.17	/	138.917
=	6.07

Narbada Gems & Jewellery'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 )
=	215.104	/ (	(214.469	+	0)	/	1 )
=	215.104	/	214.469
=	1.00

Narbada Gems & Jewellery (BOM:519455) 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.

Narbada Gems & Jewellery Receivables Turnover Related Terms

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Narbada Gems & Jewellery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Narbada Gems & Jewellery Ltd (BOM:519455) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hyderguda Main Road, 1st Floor, 3-6-307/1, 3-6-307/2, 3-6-308/1, Simple Natural Systems, Basheer Bagh, Hyderabad, TG, IND, 500004

Website

http://www.narbadajewellery.com

Narbada Gems & Jewellery Ltd is involved in manufacturing and trading gold, color stones, and diamond jewelry, focusing on rose-cut and flat diamond jewelry. The company offers contemporary styles and custom jewelry, including gemstone necklace sets, earrings, and pendants. Additionally, it has expanded into the global market and commenced exporting its specialized jewelry. The majority of the company's revenue comes from the sale of studded gold jewelry.

Narbada Gems & Jewellery Headlines

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