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Coastal Roadways (BOM:520131) Receivables Turnover : 1.69 (As of Mar. 2024)


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What is Coastal Roadways 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. Coastal Roadways's Revenue for the three months ended in Mar. 2024 was ₹107.0 Mil. Coastal Roadways's average Accounts Receivable for the three months ended in Mar. 2024 was ₹63.3 Mil. Hence, Coastal Roadways's Receivables Turnover for the three months ended in Mar. 2024 was 1.69.


Coastal Roadways Receivables Turnover Historical Data

The historical data trend for Coastal Roadways'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.

Coastal Roadways Receivables Turnover Chart

Coastal Roadways 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 5.54 5.20 7.31 7.04 6.26

Coastal Roadways Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.54 1.60 1.76 1.68 1.69

Competitive Comparison of Coastal Roadways's Receivables Turnover

For the Trucking subindustry, Coastal Roadways'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.


Coastal Roadways's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Coastal Roadways's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Coastal Roadways's Receivables Turnover falls into.



Coastal Roadways Receivables Turnover Calculation

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

Coastal Roadways'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 )
=382.4 / ((58.968 + 63.3) / 2 )
=382.4 / 61.134
=6.26

Coastal Roadways's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=107 / ((0 + 63.3) / 1 )
=107 / 63.3
=1.69

* 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.


Coastal Roadways  (BOM:520131) 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.


Coastal Roadways Receivables Turnover Related Terms

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Coastal Roadways (BOM:520131) Business Description

Traded in Other Exchanges
N/A
Address
1/1, Camac Street, 5th Floor, Kolkata, WB, IND, 700016
Coastal Roadways Ltd is engaged in providing road transportation and logistics services. Its services include full truckload, part loads, containerized vehicles, over-dimensional cargo, warehousing, multimodal transportation, end-to-end solution, carrying and forwarding services. The company's segment includes Freight and Supply Chain Solutions. It generates maximum revenue from the Freight segment.

Coastal Roadways (BOM:520131) Headlines

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