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Marble City India (BOM:531281) Receivables Turnover : 0.59 (As of Mar. 2024)


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What is Marble City India 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. Marble City India's Revenue for the three months ended in Mar. 2024 was ₹69.4 Mil. Marble City India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹117.9 Mil. Hence, Marble City India's Receivables Turnover for the three months ended in Mar. 2024 was 0.59.


Marble City India Receivables Turnover Historical Data

The historical data trend for Marble City India'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.

Marble City India Receivables Turnover Chart

Marble City India 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 11.00 3.08 3.54 6.60 3.46

Marble City India 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 2.13 1.11 0.68 0.16 0.59

Competitive Comparison of Marble City India's Receivables Turnover

For the Building Products & Equipment subindustry, Marble City India'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.


Marble City India's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Marble City India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Marble City India's Receivables Turnover falls into.



Marble City India Receivables Turnover Calculation

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

Marble City India'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 )
=458.917 / ((147.201 + 117.888) / 2 )
=458.917 / 132.5445
=3.46

Marble City India'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 )
=69.413 / ((0 + 117.888) / 1 )
=69.413 / 117.888
=0.59

* 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.


Marble City India  (BOM:531281) 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.


Marble City India Receivables Turnover Related Terms

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Marble City India (BOM:531281) Business Description

Traded in Other Exchanges
N/A
Address
Kailash Colony, A -30, S-11, Second Floor, New Delhi, IND, 110048
Marble City India Ltd is an India-based company mainly engaged in the business activity of manufacturing and trading of marbles and slabs. It is involved in cutting, finishing, and trading imported marbles. The group majorly markets its products in India. The company supplies its products for projects such as hotels, shopping malls, premium residential complexes, clubs, motels, factories, corporate headquarters, offices, and others.

Marble City India (BOM:531281) Headlines

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