GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Orient Bell Ltd (BOM:530365) » Definitions » Receivables Turnover

Orient Bell (BOM:530365) Receivables Turnover : 1.57 (As of Mar. 2024)


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

What is Orient Bell 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. Orient Bell's Revenue for the three months ended in Mar. 2024 was ₹2,067 Mil. Orient Bell's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,315 Mil. Hence, Orient Bell's Receivables Turnover for the three months ended in Mar. 2024 was 1.57.


Orient Bell Receivables Turnover Historical Data

The historical data trend for Orient Bell'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.

Orient Bell Receivables Turnover Chart

Orient Bell 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 4.84 5.58 6.66 6.52 5.52

Orient Bell Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.79 1.29 1.71 1.74 1.57

Competitive Comparison of Orient Bell's Receivables Turnover

For the Building Products & Equipment subindustry, Orient Bell'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.


Orient Bell's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Orient Bell's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Orient Bell's Receivables Turnover falls into.



Orient Bell Receivables Turnover Calculation

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

Orient Bell'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 )
=6695 / ((1112.463 + 1314.9) / 2 )
=6695 / 1213.6815
=5.52

Orient Bell's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2067 / ((0 + 1314.9) / 1 )
=2067 / 1314.9
=1.57

* 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.


Orient Bell  (BOM:530365) 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.


Orient Bell Receivables Turnover Related Terms

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


Orient Bell (BOM:530365) Business Description

Traded in Other Exchanges
Address
Iris House, 16, Business Centre, Nangal Raya, New Delhi, IND, 110 046
Orient Bell Ltd is engaged in manufacturing, trading, and selling of ceramic and floor tiles. The firm's products are floor tiles, school tiles, wall tiles, paver tiles, and others. It generates revenue from the sale of its finished goods. Geographically, the company generates a majority of its revenue within India.

Orient Bell (BOM:530365) Headlines

No Headlines