Porwal Auto Components (BOM:532933) Receivables Turnover : 1.91 (As of Dec. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Porwal Auto Components 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. Porwal Auto Components's Revenue for the three months ended in Dec. 2024 was ₹331 Mil. Porwal Auto Components's average Accounts Receivable for the three months ended in Dec. 2024 was ₹173 Mil. Hence, Porwal Auto Components's Receivables Turnover for the three months ended in Dec. 2024 was 1.91.

Porwal Auto Components Receivables Turnover Historical Data

The historical data trend for Porwal Auto Components'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.

Porwal Auto Components Receivables Turnover Chart

Porwal Auto Components Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

9.32

7.20

9.62

16.26

17.34

Porwal Auto Components 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															3.87	3.33	2.79	2.20	1.91

Competitive Comparison of Porwal Auto Components's Receivables Turnover

For the Auto Parts subindustry, Porwal Auto Components'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.

Porwal Auto Components's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Porwal Auto Components's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Porwal Auto Components's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Porwal Auto Components Receivables Turnover Calculation

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

Porwal Auto Components'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 )
=	1463.852	/ (	(63.003	+	105.854)	/	2 )
=	1463.852	/	84.4285
=	17.34

Porwal Auto Components'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 )
=	331.438	/ (	(165.083	+	181.285)	/	2 )
=	331.438	/	173.184
=	1.91

Porwal Auto Components (BOM:532933) 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.

Porwal Auto Components Receivables Turnover Related Terms

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

Porwal Auto Components Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Porwal Auto Components Ltd (BOM:532933) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot number 209 & 215, Sector Number 1, Industrial Area, District Dhar, Pithampur, MP, IND, 454775

Website

https://www.porwalauto.com

Porwal Auto Components Ltd is a manufacturer of automobile components based in India. The company is involved in manufacture of ductile iron, grey cast iron steel, steel alloy casting components and subassemblies. It serves to the sectors like automobile, engineering, pumps and valves, agriculture and tractor equipment, construction equipment, machine tools, railways, and others. The products of the company include components for automobile, railway, heavy castings, and earth moving.

Porwal Auto Components Headlines

No Headlines