Euro Ceramics (BOM:532823) Receivables Turnover : 3.01 (As of Mar. 2019)

View and export this data going back to 2007. Start your Free Trial

What is Euro Ceramics 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. Euro Ceramics's Revenue for the six months ended in Mar. 2019 was ₹215.5 Mil. Euro Ceramics's average Accounts Receivable for the six months ended in Mar. 2019 was ₹71.5 Mil. Hence, Euro Ceramics's Receivables Turnover for the six months ended in Mar. 2019 was 3.01.

Euro Ceramics Receivables Turnover Historical Data

The historical data trend for Euro Ceramics'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.

Euro Ceramics Receivables Turnover Chart

Euro Ceramics Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Receivables Turnover

Get a 7-Day Free Trial

3.78

1.60

0.58

1.29

3.01

Euro Ceramics Semi-Annual Data
	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19
Receivables Turnover	Get a 7-Day Free Trial							3.78	1.60	0.58	1.29	3.01

Competitive Comparison of Euro Ceramics's Receivables Turnover

For the Building Products & Equipment subindustry, Euro Ceramics'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.

Euro Ceramics's Receivables Turnover Distribution in the Construction Industry

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

* The bar in red indicates where Euro Ceramics's Receivables Turnover falls into.

Euro Ceramics Receivables Turnover Calculation

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

Euro Ceramics's Receivables Turnover for the fiscal year that ended in Mar. 2019 is calculated as

	Receivables Turnover (A: Mar. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2019 )	/ (	(Accounts Receivable (A: Mar. 2018 )	+	Accounts Receivable (A: Mar. 2019 ))	/	count )
=	215.491	/ (	(111.53	+	31.434)	/	2 )
=	215.491	/	71.482
=	3.01

Euro Ceramics's Receivables Turnover for the quarter that ended in Mar. 2019 is calculated as

	Receivables Turnover (Q: Mar. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2019 )	/ (	(Accounts Receivable (Q: Mar. 2018 )	+	Accounts Receivable (Q: Mar. 2019 ))	/	count )
=	215.491	/ (	(111.53	+	31.434)	/	2 )
=	215.491	/	71.482
=	3.01

Euro Ceramics (BOM:532823) 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.

Euro Ceramics Receivables Turnover Related Terms

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

Euro Ceramics (BOM:532823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Euro Ceramics Ltd (BOM:532823) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vallabhbhai Road, Opposite Railway Station, 208, 2nd Floor, Sangam Arcade, Vile Parle (West), Mumbai, IND, 400 056

Website

http://www.eurocl.com

Euro Ceramics Ltd is an India based company engaged in the manufacturing and sells of vitrified tiles. It operates in three business segments including Tiles Division, Aluminium Division, and Realty Division. The tiles division, which is the key revenue driver, manufactures products including vitrified tiles, composite marble, sanitary ware products, and bathroom tiles. The company holds a global market presence with the majority of the revenue generated from the Indian market.

Euro Ceramics (BOM:532823) Headlines

No Headlines