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ADC India Communications (BOM:523411) Receivables Turnover : 1.73 (As of Jun. 2024)


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What is ADC India Communications 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. ADC India Communications's Revenue for the three months ended in Jun. 2024 was ₹485 Mil. ADC India Communications's average Accounts Receivable for the three months ended in Jun. 2024 was ₹281 Mil. Hence, ADC India Communications's Receivables Turnover for the three months ended in Jun. 2024 was 1.73.


ADC India Communications Receivables Turnover Historical Data

The historical data trend for ADC India Communications'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.

ADC India Communications Receivables Turnover Chart

ADC India Communications 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 5.52 3.85 6.35 7.15 7.44

ADC India Communications Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.23 2.18 1.90 1.56 1.73

Competitive Comparison of ADC India Communications's Receivables Turnover

For the Communication Equipment subindustry, ADC India Communications'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.


ADC India Communications's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ADC India Communications's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ADC India Communications's Receivables Turnover falls into.



ADC India Communications Receivables Turnover Calculation

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

ADC India Communications'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 )
=1781.415 / ((198.344 + 280.684) / 2 )
=1781.415 / 239.514
=7.44

ADC India Communications's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=485.227 / ((280.684 + 0) / 1 )
=485.227 / 280.684
=1.73

* 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.


ADC India Communications  (BOM:523411) 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.


ADC India Communications Receivables Turnover Related Terms

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ADC India Communications Business Description

Traded in Other Exchanges
N/A
Address
No. 10C, 2nd Phase, 1st Main, Peenya Industrial Area, Bangalore, KA, IND, 560058
ADC India Communications Ltd is engaged in providing connectivity solutions to suit individual enterprise and telecom service provider requirements. It provides copper and fiber physical connectivity in telecommunications and data networking solutions. The company's segment include Telecommunication and IT - Networking. It generates maximum revenue from the IT - Networking segment.

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