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Alkali Metals (BOM:533029) Receivables Turnover : 1.36 (As of Mar. 2024)


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What is Alkali Metals 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. Alkali Metals's Revenue for the three months ended in Mar. 2024 was ₹244.2 Mil. Alkali Metals's average Accounts Receivable for the three months ended in Mar. 2024 was ₹179.7 Mil. Hence, Alkali Metals's Receivables Turnover for the three months ended in Mar. 2024 was 1.36.


Alkali Metals Receivables Turnover Historical Data

The historical data trend for Alkali Metals'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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Alkali Metals Receivables Turnover Chart

Alkali Metals 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 8.20 6.03 7.17 6.51 5.23

Alkali Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 2.79 1.96 1.34 2.15 1.36

Competitive Comparison of Alkali Metals's Receivables Turnover

For the Specialty Chemicals subindustry, Alkali Metals'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.


Alkali Metals's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alkali Metals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alkali Metals's Receivables Turnover falls into.



Alkali Metals Receivables Turnover Calculation

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

Alkali Metals'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 )
=828.559 / ((136.919 + 179.744) / 2 )
=828.559 / 158.3315
=5.23

Alkali Metals's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=244.177 / ((0 + 179.744) / 1 )
=244.177 / 179.744
=1.36

* 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.


Alkali Metals  (BOM:533029) 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.


Alkali Metals Receivables Turnover Related Terms

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Alkali Metals (BOM:533029) Business Description

Traded in Other Exchanges
Address
Plot B-5, Block III, Industrial Development Area, Uppal, Hyderabad, TG, IND, 500 039
Alkali Metals Ltd operates in the chemical industry. It is engaged in the manufacturing and sale of chemicals. Geographically, it derives a majority of its revenue from External segment. The product portfolio includes sodium and other metal derivatives like amides, hydrides, alkoxides, azides and tetrazoles, pyridine compounds, cyclic compounds, and others.

Alkali Metals (BOM:533029) Headlines

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