Valson Industries (BOM:530459) Receivables Turnover : 3.48 (As of Mar. 2024)

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What is Valson Industries 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. Valson Industries's Revenue for the three months ended in Mar. 2024 was ₹277 Mil. Valson Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹80 Mil. Hence, Valson Industries's Receivables Turnover for the three months ended in Mar. 2024 was 3.48.

Valson Industries Receivables Turnover Historical Data

The historical data trend for Valson Industries'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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Valson Industries Receivables Turnover Chart

Valson Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

11.53

8.69

14.32

14.51

14.29

Valson Industries 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															3.47	3.51	3.06	2.58	3.48

Competitive Comparison of Valson Industries's Receivables Turnover

For the Textile Manufacturing subindustry, Valson Industries'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.

Valson Industries's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Valson Industries's Receivables Turnover falls into.

Valson Industries Receivables Turnover Calculation

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

Valson Industries'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 )
=	1238.404	/ (	(93.575	+	79.724)	/	2 )
=	1238.404	/	86.6495
=	14.29

Valson Industries'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 )
=	277.402	/ (	(0	+	79.724)	/	1 )
=	277.402	/	79.724
=	3.48

Valson Industries (BOM:530459) 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.

Valson Industries Receivables Turnover Related Terms

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Valson Industries (BOM:530459) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Valson Industries Ltd (BOM:530459) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Sir M. V. Road, Unit No.28, Ground Floor, Building No. 6, Mittal Industrial Estate, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.valsonindia.com

Valson Industries Ltd is an Indian company engaged in the business of Polyester Dyed Yarn and processors of Cotton and other fancy yarn. The company is a manufacturer, exporter of Polyester Texturized, Twisted, Nylon, Spun, Fancy, Cellulosic Dyed yarns and processors (Dyer) of polyester, viscose,. The principal business activities of the company are Manufacture of synthetic or artificial filament yarn, tenacity yarn whether or not textured including high tenacity yarn. The single business segment is Yarn. The majority of the revenue is from domestic sales of texturized, twisted, Dyed & Fancy Yarn. Its products are used in a range of applications, including shirting, suiting's, label, upholstery, hosiery, furnishings, automotive, and ready-made garments industries.

Valson Industries (BOM:530459) Headlines

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