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Hemo Organic (BOM:524590) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is Hemo Organic 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. Hemo Organic's Revenue for the three months ended in Dec. 2023 was ₹0.00 Mil. Hemo Organic's average Accounts Receivable for the three months ended in Dec. 2023 was ₹0.59 Mil.


Hemo Organic Receivables Turnover Historical Data

The historical data trend for Hemo Organic'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.

Hemo Organic Receivables Turnover Chart

Hemo Organic Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.69 0.12 0.11 0.08

Hemo Organic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Hemo Organic's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Hemo Organic'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.


Hemo Organic's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hemo Organic's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hemo Organic's Receivables Turnover falls into.



Hemo Organic Receivables Turnover Calculation

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

Hemo Organic's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=0.048 / ((0.592 + 0.592) / 2 )
=0.048 / 0.592
=0.08

Hemo Organic's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0 / ((0.592 + 0) / 1 )
=0 / 0.592
=N/A

* 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.


Hemo Organic  (BOM:524590) 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.


Hemo Organic Receivables Turnover Related Terms

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Hemo Organic (BOM:524590) Business Description

Traded in Other Exchanges
N/A
Address
V V Nagar Road, 8-A, Gulnar, Chinar - Gulnar Appartment, Anand, GJ, IND, 388001
Hemo Organic Ltd is an India based company principally engaged in the business activity of manufacturing of ayurvedic or unani pharmaceutical preparation. It generates revenue by primarily selling its ayurvedic or unani pharmaceutical products.

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