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Quasar India (BOM:538452) Receivables Turnover : 0.21 (As of Mar. 2024)


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What is Quasar India 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. Quasar India's Revenue for the three months ended in Mar. 2024 was ₹84.4 Mil. Quasar India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹394.8 Mil. Hence, Quasar India's Receivables Turnover for the three months ended in Mar. 2024 was 0.21.


Quasar India Receivables Turnover Historical Data

The historical data trend for Quasar India'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.

Quasar India Receivables Turnover Chart

Quasar India 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 4.33 5.43 111.64 2.80 1.78

Quasar India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.80 6.60 0.47 0.40 0.21

Competitive Comparison of Quasar India's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Quasar India'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.


Quasar India's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Quasar India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Quasar India's Receivables Turnover falls into.



Quasar India Receivables Turnover Calculation

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

Quasar India'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 )
=364.574 / ((13.656 + 394.849) / 2 )
=364.574 / 204.2525
=1.78

Quasar India'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 )
=84.429 / ((0 + 394.849) / 1 )
=84.429 / 394.849
=0.21

* 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.


Quasar India  (BOM:538452) 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.


Quasar India Receivables Turnover Related Terms

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Quasar India (BOM:538452) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 3, Sector-14, Rohini, 305, Third Floor, Aggarwal Plaza, New Delhi, IND, 110085
Quasar India Ltd is a trading company engaged in single-segment Agriculture Trading. It generates revenue through Agriculture Trading Sales.

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