Unity Infraprojects (BOM:532746) Receivables Turnover: 0.45 (As of Mar. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Unity Infraprojects Receivables Turnover?

Unity Infraprojects BOM:532746 Receivables Turnover is 0.45 as of Mar. 2017.

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. Unity Infraprojects's Revenue for the six months ended in Mar. 2017 was ₹2,473 Mil. Unity Infraprojects's average Accounts Receivable for the six months ended in Mar. 2017 was ₹5,525 Mil. Hence, Unity Infraprojects's Receivables Turnover for the six months ended in Mar. 2017 was 0.45.


Unity Infraprojects  (BOM:532746) 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.


Unity Infraprojects Receivables Turnover Related Terms


Unity Infraprojects Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Unity Infraprojects'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.

Unity Infraprojects Receivables Turnover Chart

Unity Infraprojects Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 2.38 1.05 0.56 0.45

Unity Infraprojects Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.15 2.38 1.05 0.56 0.45

BOM:532746 vs ATRM: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Unity Infraprojects'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.


Unity Infraprojects Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Unity Infraprojects's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Unity Infraprojects's Receivables Turnover falls into.



Unity Infraprojects Receivables Turnover Calculation

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

Unity Infraprojects's Receivables Turnover for the fiscal year that ended in Mar. 2017 is calculated as

Receivables Turnover (A: Mar. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2017 ) / ((Accounts Receivable (A: Mar. 2016 ) + Accounts Receivable (A: Mar. 2017 )) / count )
=2473.25 / ((6195.616 + 4854.62) / 2 )
=2473.25 / 5525.118
=0.45

Unity Infraprojects's Receivables Turnover for the quarter that ended in Mar. 2017 is calculated as

Receivables Turnover (Q: Mar. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2017 ) / ((Accounts Receivable (Q: Mar. 2016 ) + Accounts Receivable (Q: Mar. 2017 )) / count )
=2473.25 / ((6195.616 + 4854.62) / 2 )
=2473.25 / 5525.118
=0.45

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.45 mean?
Unity Infraprojects (BOM:532746) has a Receivables Turnover of 0.45 as of Mar. 2017. The accounts 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. View historical data on Unity Infraprojects and its competitors.
Is Unity Infraprojects' Receivables Turnover too high?
Unity Infraprojects' current Receivables Turnover is 0.45. The Construction industry median Receivables Turnover is 4.81. Unity Infraprojects' value of 0.45 is 90.6% below this industry median.
How does Unity Infraprojects' Receivables Turnover compare to ATRM?
Unity Infraprojects' Receivables Turnover of 0.45 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.81. Unity Infraprojects' value of 0.45 is 90.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Construction company?
The median Receivables Turnover among Construction companies is 4.81, based on 1,767 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Unity Infraprojects's current Receivables Turnover of 0.45 is 90.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Unity Infraprojects and its competitors. For the Construction industry, the median Receivables Turnover is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unity Infraprojects's current Receivables Turnover is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unity Infraprojects stock overvalued right now?
Unity Infraprojects (BOM:532746) has a current Receivables Turnover of 0.45. The current Receivables Turnover is 0.45 and 90.6% below the Construction industry median of 4.81. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Unity Infraprojects (BOM:532746), the current Receivables Turnover is 0.45 as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Unity Infraprojects Business Description

Address Old Prabhadevi Road, 1252, Pushpanjali Apartments, Prabhadevi, Mumbai, MH, IND, 400025
Unity Infraprojects Ltd is an infrastructure construction company in India. It is predominantly engaged in the construction of civil engineering project works such as bridges, roads, flyovers, rail stations, tunnel and dams, and high-rise structures. In addition, the company is also involved in other business verticals consisting of transportation projects, and irrigation, water and sewerage projects. The group generates the majority of the revenue from the construction works of civil projects.