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Niraj Cement Structurals (BOM:532986) Receivables Turnover : 1.76 (As of Dec. 2024)


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What is Niraj Cement Structurals 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. Niraj Cement Structurals's Revenue for the three months ended in Dec. 2024 was ₹1,198 Mil. Niraj Cement Structurals's average Accounts Receivable for the three months ended in Dec. 2024 was ₹680 Mil. Hence, Niraj Cement Structurals's Receivables Turnover for the three months ended in Dec. 2024 was 1.76.


Niraj Cement Structurals Receivables Turnover Historical Data

The historical data trend for Niraj Cement Structurals'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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Niraj Cement Structurals Receivables Turnover Chart

Niraj Cement Structurals 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 1.58 2.64 4.80 6.60 5.81

Niraj Cement Structurals 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 1.42 2.20 1.45 2.03 1.76

Competitive Comparison of Niraj Cement Structurals's Receivables Turnover

For the Engineering & Construction subindustry, Niraj Cement Structurals'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.


Niraj Cement Structurals's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Niraj Cement Structurals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Niraj Cement Structurals's Receivables Turnover falls into.


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Niraj Cement Structurals Receivables Turnover Calculation

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

Niraj Cement Structurals'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 )
=4627.776 / ((1020.61 + 571.671) / 2 )
=4627.776 / 796.1405
=5.81

Niraj Cement Structurals'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 )
=1197.662 / ((679.67 + 0) / 1 )
=1197.662 / 679.67
=1.76

* 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.


Niraj Cement Structurals  (BOM:532986) 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.


Niraj Cement Structurals Receivables Turnover Related Terms

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Niraj Cement Structurals Business Description

Traded in Other Exchanges
Address
Niraj House, Sunder Baug, Near Deonar Bus Depot, Deonar, Chembur (East), Mumbai, MH, IND, 400 088
Niraj Cement Structurals Ltd is an India-based company. It is engaged in the infrastructure business, which constructs highways, expressways, turnkey projects roads, bridges, tunnels, etc and other infrastructural work. It also provides services like the ready-mix concrete unit, crushing, rental equipment, and others. The company's only operating segment being Road Construction. Geographically, it operates only in India.

Niraj Cement Structurals Headlines

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