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Metal Coatings (India) (BOM:531810) Receivables Turnover : 1.54 (As of Mar. 2024)


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What is Metal Coatings (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. Metal Coatings (India)'s Revenue for the three months ended in Mar. 2024 was ₹440 Mil. Metal Coatings (India)'s average Accounts Receivable for the three months ended in Mar. 2024 was ₹286 Mil. Hence, Metal Coatings (India)'s Receivables Turnover for the three months ended in Mar. 2024 was 1.54.


Metal Coatings (India) Receivables Turnover Historical Data

The historical data trend for Metal Coatings (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.

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Metal Coatings (India) Receivables Turnover Chart

Metal Coatings (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 4.64 3.79 5.23 6.13 5.96

Metal Coatings (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 1.55 1.40 1.50 1.47 1.54

Competitive Comparison of Metal Coatings (India)'s Receivables Turnover

For the Steel subindustry, Metal Coatings (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.


Metal Coatings (India)'s Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Metal Coatings (India)'s Receivables Turnover distribution charts can be found below:

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



Metal Coatings (India) Receivables Turnover Calculation

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

Metal Coatings (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 )
=1684.144 / ((279.702 + 285.576) / 2 )
=1684.144 / 282.639
=5.96

Metal Coatings (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 )
=439.802 / ((0 + 285.576) / 1 )
=439.802 / 285.576
=1.54

* 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.


Metal Coatings (India)  (BOM:531810) 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.


Metal Coatings (India) Receivables Turnover Related Terms

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Metal Coatings (India) (BOM:531810) Business Description

Traded in Other Exchanges
N/A
Address
912, Hemkunt Chambers, 89, Nehru Place, New Delhi, IND, 110019
Metal Coatings (India) Ltd is an Indian based company engaged in the manufacturing and sale of steel products. Its products include cold rolled steel strips, hot rolled pickled oiled coils/strips, cold rolled flat wire strips, and galvanized wire and galvanized strips. These products are used by a wide range of user industries such as auto component, white goods and electrical equipment, and others.

Metal Coatings (India) (BOM:531810) Headlines

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