GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polylink Polymers (India) Ltd (BOM:531454) » Definitions » Receivables Turnover

Polylink Polymers (India) (BOM:531454) Receivables Turnover : 1.48 (As of Dec. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Polylink Polymers (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. Polylink Polymers (India)'s Revenue for the three months ended in Dec. 2024 was ₹222.3 Mil. Polylink Polymers (India)'s average Accounts Receivable for the three months ended in Dec. 2024 was ₹150.2 Mil. Hence, Polylink Polymers (India)'s Receivables Turnover for the three months ended in Dec. 2024 was 1.48.


Polylink Polymers (India) Receivables Turnover Historical Data

The historical data trend for Polylink Polymers (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.

Polylink Polymers (India) Receivables Turnover Chart

Polylink Polymers (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 5.93 5.02 5.39 6.33 7.97

Polylink Polymers (India) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.15 1.84 1.95 1.39 1.48

Competitive Comparison of Polylink Polymers (India)'s Receivables Turnover

For the Specialty Chemicals subindustry, Polylink Polymers (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.


Polylink Polymers (India)'s Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polylink Polymers (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Polylink Polymers (India)'s Receivables Turnover falls into.


;
;

Polylink Polymers (India) Receivables Turnover Calculation

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

Polylink Polymers (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 )
=739.635 / ((64.757 + 120.789) / 2 )
=739.635 / 92.773
=7.97

Polylink Polymers (India)'s Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=222.286 / ((150.221 + 0) / 1 )
=222.286 / 150.221
=1.48

* 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.


Polylink Polymers (India)  (BOM:531454) 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.


Polylink Polymers (India) Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Polylink Polymers (India)'s Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Polylink Polymers (India) Business Description

Traded in Other Exchanges
N/A
Address
506, Saffron Building, Near Center Point, Ambawadi, Ahmedabad, GJ, IND, 380006
Polylink Polymers (India) Ltd is engaged in is engaged in the manufacture and sale of polymeric compounds and colour masterbatches. It offers products including Polylink Filler masterbatches, Black masterbatches, White masterbatches,Color masterbatch, etc. The Company is also manufacturing various Compound of Power Cable, Telephone Cable, Engineering Plastics and Master batches. Majority revenue is generated from India.

Polylink Polymers (India) Headlines

No Headlines