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Bobshell Electrodes (BOM:526925) Receivables Turnover : 0.35 (As of Jun. 2024)


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What is Bobshell Electrodes 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. Bobshell Electrodes's Revenue for the three months ended in Jun. 2024 was ₹7.27 Mil. Bobshell Electrodes's average Accounts Receivable for the three months ended in Jun. 2024 was ₹21.05 Mil. Hence, Bobshell Electrodes's Receivables Turnover for the three months ended in Jun. 2024 was 0.35.


Bobshell Electrodes Receivables Turnover Historical Data

The historical data trend for Bobshell Electrodes'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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Bobshell Electrodes Receivables Turnover Chart

Bobshell Electrodes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial 8.96 10.16 12.76 4.81 2.22

Bobshell Electrodes Quarterly Data
Mar18 Mar19 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 2.81 0.79 1.09 0.31 0.35

Competitive Comparison of Bobshell Electrodes's Receivables Turnover

For the Tools & Accessories subindustry, Bobshell Electrodes'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.


Bobshell Electrodes's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bobshell Electrodes's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bobshell Electrodes's Receivables Turnover falls into.



Bobshell Electrodes Receivables Turnover Calculation

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

Bobshell Electrodes'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 )
=29.941 / ((5.871 + 21.047) / 2 )
=29.941 / 13.459
=2.22

Bobshell Electrodes'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 )
=7.266 / ((21.047 + 0) / 1 )
=7.266 / 21.047
=0.35

* 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.


Bobshell Electrodes  (BOM:526925) 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.


Bobshell Electrodes Receivables Turnover Related Terms

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Bobshell Electrodes Business Description

Traded in Other Exchanges
N/A
Address
Near Lal Bunglow, C.G. Road, 802, 8th Floor, Swagat Building, Ellisbridge, Ahmedabad, GJ, IND, 380006
Bobshell Electrodes Ltd is engaged in the business of manufacturing and marketing Low Heat Input Maintenance Welding Electrodes. The manufacturing unit of the company is situated at Village: Rakanpur, District: Gandhinagar in the state of Gujarat- India. Its portfolio of the company includes - Filling/Cladding Metal, Joining, and Surfacing.

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