Roopa Industries (BOM:530991) Receivables Turnover : 1.59 (As of Sep. 2024)

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What is Roopa 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. Roopa Industries's Revenue for the three months ended in Sep. 2024 was ₹256 Mil. Roopa Industries's average Accounts Receivable for the three months ended in Sep. 2024 was ₹161 Mil. Hence, Roopa Industries's Receivables Turnover for the three months ended in Sep. 2024 was 1.59.

Roopa Industries Receivables Turnover Historical Data

The historical data trend for Roopa 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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Roopa Industries Receivables Turnover Chart

Roopa Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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2.34

2.43

3.77

6.70

9.13

Roopa Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															1.90	2.59	2.65	4.13	1.59

Competitive Comparison of Roopa Industries's Receivables Turnover

For the Chemicals subindustry, Roopa 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.

Roopa Industries's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Roopa Industries's Receivables Turnover distribution charts can be found below:

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

Roopa Industries Receivables Turnover Calculation

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

Roopa 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 )
=	704.262	/ (	(70.774	+	83.476)	/	2 )
=	704.262	/	77.125
=	9.13

Roopa Industries'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 )
=	256.124	/ (	(0	+	160.616)	/	1 )
=	256.124	/	160.616
=	1.59

Roopa Industries (BOM:530991) 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.

Roopa Industries Receivables Turnover Related Terms

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Roopa Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Roopa Industries Ltd (BOM:530991) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

6-2-1012, TGV Mansion, 3rd floor, Khairatabad, Above ICICI Bank, Hyderabad, TG, IND, 500004

Website

https://www.roopaindustries.com

Roopa Industries Ltd is an Indian Active Pharma Ingredient(API) and Pharmaceutical Intermediates company engaged in manufacturing, selling and exporting nutraceuticals, bulk drugs, and fine chemicals. It offers glucosamine, a nutraceutical/nutritional supplement used for arthritis treatment; and triphenylphosphine, which have applications in antibiotics, statins, specialty resins/paints, fire retardants, phosphonium salts, phase transfer catalysts, agriculture-related products as well as in organic synthesis. The other products offered by the company include Bromine and its derivatives, Esomeprazole Magnesium Trihydrate, and Tamsulosin. The company generates all of its revenue from the sale of its products.

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