IOL Chemicals And Pharmaceuticals (BOM:524164) Receivables Turnover : 1.13 (As of Dec. 2024)

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What is IOL Chemicals And Pharmaceuticals 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. IOL Chemicals And Pharmaceuticals's Revenue for the three months ended in Dec. 2024 was ₹5,233 Mil. IOL Chemicals And Pharmaceuticals's average Accounts Receivable for the three months ended in Dec. 2024 was ₹4,646 Mil. Hence, IOL Chemicals And Pharmaceuticals's Receivables Turnover for the three months ended in Dec. 2024 was 1.13.

IOL Chemicals And Pharmaceuticals Receivables Turnover Historical Data

The historical data trend for IOL Chemicals And Pharmaceuticals'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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IOL Chemicals And Pharmaceuticals Receivables Turnover Chart

IOL Chemicals And Pharmaceuticals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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7.90

6.80

5.63

4.52

4.34

IOL Chemicals And Pharmaceuticals 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															1.06	1.04	1.07	1.13	1.13

Competitive Comparison of IOL Chemicals And Pharmaceuticals's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, IOL Chemicals And Pharmaceuticals'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.

IOL Chemicals And Pharmaceuticals's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, IOL Chemicals And Pharmaceuticals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where IOL Chemicals And Pharmaceuticals's Receivables Turnover falls into.

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IOL Chemicals And Pharmaceuticals Receivables Turnover Calculation

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

IOL Chemicals And Pharmaceuticals'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 )
=	21189.6	/ (	(5052.8	+	4712.3)	/	2 )
=	21189.6	/	4882.55
=	4.34

IOL Chemicals And Pharmaceuticals'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 )
=	5233	/ (	(4645.6	+	0)	/	1 )
=	5233	/	4645.6
=	1.13

IOL Chemicals And Pharmaceuticals (BOM:524164) 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.

IOL Chemicals And Pharmaceuticals Receivables Turnover Related Terms

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IOL Chemicals And Pharmaceuticals Business Description

Industry

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IOLCP:India

Address

85, Industrial Area, 'A', Ludhiana, PB, IND, 141 003

Website

https://www.iolcp.com

IOL Chemicals And Pharmaceuticals Ltd is an India-based pharmaceutical company. The primary activity of the group is the manufacturing and sale of drugs and organic chemicals. The business activity is functioned through the Chemicals and Pharmaceutical segments. The Chemicals segment produces and sells chemicals such as Ethyl Acetate, Acetic Anhydride, Acetyl Chloride, Mono Chloro Acetic Acid, and Iso Butyl benzene, whereas the Pharmaceutical segment produces and sells various active pharmaceutical ingredients such as Ibuprofen, Metformin, Fenofibrate, Lamotrigine, and others. It derives prime revenue from the Pharmaceutical segment. Geographically, the group's products are sold in both the Indian and international markets.

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