GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Astra Microwave Products Ltd (BOM:532493) » Definitions » Receivables Turnover

Astra Microwave Products (BOM:532493) Receivables Turnover : 0.70 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Astra Microwave Products 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. Astra Microwave Products's Revenue for the three months ended in Mar. 2024 was ₹3,540 Mil. Astra Microwave Products's average Accounts Receivable for the three months ended in Mar. 2024 was ₹5,052 Mil. Hence, Astra Microwave Products's Receivables Turnover for the three months ended in Mar. 2024 was 0.70.


Astra Microwave Products Receivables Turnover Historical Data

The historical data trend for Astra Microwave Products'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.

Astra Microwave Products Receivables Turnover Chart

Astra Microwave Products 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 2.12 2.48 3.17 3.34 2.30

Astra Microwave Products 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 0.91 0.47 0.67 0.81 0.70

Competitive Comparison of Astra Microwave Products's Receivables Turnover

For the Communication Equipment subindustry, Astra Microwave Products'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.


Astra Microwave Products's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Astra Microwave Products's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Astra Microwave Products's Receivables Turnover falls into.



Astra Microwave Products Receivables Turnover Calculation

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

Astra Microwave Products'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 )
=9088.202 / ((2836.461 + 5051.669) / 2 )
=9088.202 / 3944.065
=2.30

Astra Microwave Products'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 )
=3539.55 / ((0 + 5051.669) / 1 )
=3539.55 / 5051.669
=0.70

* 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.


Astra Microwave Products  (BOM:532493) 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.


Astra Microwave Products Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Astra Microwave Products's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Astra Microwave Products (BOM:532493) Business Description

Traded in Other Exchanges
Address
Astra Towers, Survey No.12 (Part), Kothaguda Post, Opp. CII Green Building, Kondapur, Hitech City, Hyderabad, TG, IND, 500038
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.

Astra Microwave Products (BOM:532493) Headlines

No Headlines