National Aluminium Co (BOM:532234) Receivables Turnover : 23.33 (As of Mar. 2024)

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What is National Aluminium Co 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. National Aluminium Co's Revenue for the three months ended in Mar. 2024 was ₹35,805 Mil. National Aluminium Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,535 Mil. Hence, National Aluminium Co's Receivables Turnover for the three months ended in Mar. 2024 was 23.33.

National Aluminium Co Receivables Turnover Historical Data

The historical data trend for National Aluminium Co'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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National Aluminium Co Receivables Turnover Chart

National Aluminium Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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44.27

61.70

127.69

171.17

107.41

National Aluminium Co 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															40.22	34.80	28.08	30.88	23.33

Competitive Comparison of National Aluminium Co's Receivables Turnover

For the Aluminum subindustry, National Aluminium Co'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.

National Aluminium Co's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, National Aluminium Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where National Aluminium Co's Receivables Turnover falls into.

National Aluminium Co Receivables Turnover Calculation

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

National Aluminium Co'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 )
=	131491.5	/ (	(913.3	+	1535)	/	2 )
=	131491.5	/	1224.15
=	107.41

National Aluminium Co'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 )
=	35804.7	/ (	(0	+	1535)	/	1 )
=	35804.7	/	1535
=	23.33

National Aluminium Co (BOM:532234) 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.

National Aluminium Co Receivables Turnover Related Terms

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National Aluminium Co (BOM:532234) Business Description

Industry

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NATIONALUM:India

Address

Nalco Bhawan, Plot No. P/1, Nayapalli, Bhubaneswar, OR, IND, 751013

Website

https://www.nalcoindia.com

National Aluminium Co Ltd mines, produces and sells aluminum and alumina-based products in two segments: aluminium and chemicals. The company controls all stages of the aluminum process. The firm mines bauxite and refines it into alumina, then smelts most of the alumina into aluminum. The aluminum segment, which generates the majority of revenue, sells aluminum-based products. The chemicals segment sells calcinated alumina and alumina hydrate. The firm also owns and operates multiple power plants throughout India. The majority of National Aluminum's revenue comes from India.

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