Kernex Microsystems (India) (BOM:532686) Receivables Turnover : 1.76 (As of Sep. 2024)

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What is Kernex Microsystems (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. Kernex Microsystems (India)'s Revenue for the three months ended in Sep. 2024 was ₹412.2 Mil. Kernex Microsystems (India)'s average Accounts Receivable for the three months ended in Sep. 2024 was ₹234.3 Mil. Hence, Kernex Microsystems (India)'s Receivables Turnover for the three months ended in Sep. 2024 was 1.76.

Kernex Microsystems (India) Receivables Turnover Historical Data

The historical data trend for Kernex Microsystems (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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Kernex Microsystems (India) Receivables Turnover Chart

Kernex Microsystems (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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1.07

1.47

0.58

0.37

53.96

Kernex Microsystems (India) Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															-	0.18	-	78.96	1.76

Competitive Comparison of Kernex Microsystems (India)'s Receivables Turnover

For the Software - Application subindustry, Kernex Microsystems (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.

Kernex Microsystems (India)'s Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Kernex Microsystems (India)'s Receivables Turnover distribution charts can be found below:

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

Kernex Microsystems (India) Receivables Turnover Calculation

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

Kernex Microsystems (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 )
=	195.98	/ (	(0	+	3.632)	/	1 )
=	195.98	/	3.632
=	53.96

Kernex Microsystems (India)'s Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	412.194	/ (	(0	+	234.258)	/	1 )
=	412.194	/	234.258
=	1.76

Kernex Microsystems (India) (BOM:532686) 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.

Kernex Microsystems (India) Receivables Turnover Related Terms

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Kernex Microsystems (India) Business Description

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KERNEX:India

Address

Plot No. 38-41, Survey No. 1/1, Hardware Technology Park, Raviryal Village, TSIIC layout, Maheswaram Mandal, Ranga Reddy, Hyderabad, TG, IND, 501510

Website

https://www.kernex.in

Kernex Microsystems (India) Ltd is an India based company engaged in the manufacture and sale of Safety Systems and Software services for Railways. The company is in the business of designing, developing, and deployment of Train Collision Avoidance Systems in Indian Railways, and successfully completing the installation of automatic and semi-automatic Railway Gates. It offers products which include LxGuard, TrainSHIELD, SAFELx, SENTINEX, CASRY, KMDAX, ATRW, KTPIS, and BCPS2440. Geographically, it generates the majority of its revenue within India.

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