Vijay Textiles (BOM:530151) Receivables Turnover : 0.01 (As of Sep. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Vijay Textiles 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. Vijay Textiles's Revenue for the three months ended in Sep. 2024 was ₹22.44 Mil. Vijay Textiles's average Accounts Receivable for the three months ended in Sep. 2024 was ₹1,523.84 Mil. Hence, Vijay Textiles's Receivables Turnover for the three months ended in Sep. 2024 was 0.01.

Vijay Textiles Receivables Turnover Historical Data

The historical data trend for Vijay Textiles'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.

Vijay Textiles Receivables Turnover Chart

Vijay Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

0.42

0.12

0.14

0.15

0.08

Vijay Textiles Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															0.03	0.02	-	0.01	0.01

Competitive Comparison of Vijay Textiles's Receivables Turnover

For the Textile Manufacturing subindustry, Vijay Textiles'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.

Vijay Textiles's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vijay Textiles's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vijay Textiles's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Vijay Textiles Receivables Turnover Calculation

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

Vijay Textiles'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 )
=	130.714	/ (	(1568.847	+	1522.84)	/	2 )
=	130.714	/	1545.8435
=	0.08

Vijay Textiles's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	22.438	/ (	(0	+	1523.839)	/	1 )
=	22.438	/	1523.839
=	0.01

Vijay Textiles (BOM:530151) 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.

Vijay Textiles Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Vijay Textiles's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Vijay Textiles Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vijay Textiles Ltd (BOM:530151) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

104, Sardar Patel Road, Surya Towers, Ground Floor, Secunderabad, TG, IND, 500003

Website

https://www.vijaytextiles.in

Vijay Textiles Ltd is engaged in manufacturing and selling of textiles. The company is focused on the activity of dyeing and printing of textile fabrics. The company's operations mainly consist of one segment, Textile fabrics. The products offered by the company include Bed linens, Curtain fabrics, and Upholstery. The company has its in-house design and development department which develop designs and select the suitable raw fabrics for dyeing, printing, and processing.

Vijay Textiles Headlines

No Headlines