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Gallantt Ispat (BOM:532726) Receivables Turnover : 6.09 (As of Dec. 2024)


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What is Gallantt Ispat 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. Gallantt Ispat's Revenue for the three months ended in Dec. 2024 was ₹11,183 Mil. Gallantt Ispat's average Accounts Receivable for the three months ended in Dec. 2024 was ₹1,835 Mil. Hence, Gallantt Ispat's Receivables Turnover for the three months ended in Dec. 2024 was 6.09.


Gallantt Ispat Receivables Turnover Historical Data

The historical data trend for Gallantt Ispat'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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Gallantt Ispat Receivables Turnover Chart

Gallantt Ispat 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 28.18 26.83 20.60 27.41 33.66

Gallantt Ispat 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 6.74 10.08 10.63 5.14 6.09

Competitive Comparison of Gallantt Ispat's Receivables Turnover

For the Steel subindustry, Gallantt Ispat'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.


Gallantt Ispat's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gallantt Ispat's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gallantt Ispat's Receivables Turnover falls into.


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Gallantt Ispat Receivables Turnover Calculation

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

Gallantt Ispat'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 )
=41483.001 / ((1373.641 + 1090.87) / 2 )
=41483.001 / 1232.2555
=33.66

Gallantt Ispat'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 )
=11183.211 / ((1835.203 + 0) / 1 )
=11183.211 / 1835.203
=6.09

* 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.


Gallantt Ispat  (BOM:532726) 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.


Gallantt Ispat Receivables Turnover Related Terms

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Gallantt Ispat Business Description

Traded in Other Exchanges
Address
Sahjanwa, Gorakhpur Industrial Development Authority (GIDA), Gorakhpur, UP, IND, 273209
Gallantt Ispat Ltd is engaged in the manufacturing of Steel and Steel Products. Its product portfolio includes various iron and steel products such as sponge iron, billets, and TMT bars which find applications in sectors such as infrastructure, construction, and manufacturing. It is also engaged in the business of power generation. The company is predominantly engaged in a single reporting segment of Iron and Steel.

Gallantt Ispat Headlines

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