BKM Industries (BOM:539043) Receivables Turnover : 16.44 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is BKM Industries 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. BKM Industries's Revenue for the three months ended in Mar. 2024 was ₹9.25 Mil. BKM Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹0.56 Mil. Hence, BKM Industries's Receivables Turnover for the three months ended in Mar. 2024 was 16.44.

BKM Industries Receivables Turnover Historical Data

The historical data trend for BKM Industries'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.

BKM Industries Receivables Turnover Chart

BKM Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

2.92

0.84

0.11

16.44

BKM Industries Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Dec22	Mar23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															-	-	-	-	16.44

Competitive Comparison of BKM Industries's Receivables Turnover

For the Packaging & Containers subindustry, BKM Industries'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.

BKM Industries's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, BKM Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where BKM Industries's Receivables Turnover falls into.

BKM Industries Receivables Turnover Calculation

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

BKM Industries'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 )
=	9.253	/ (	(0	+	0.563)	/	1 )
=	9.253	/	0.563
=	16.44

BKM Industries'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 )
=	9.253	/ (	(0	+	0.563)	/	1 )
=	9.253	/	0.563
=	16.44

BKM Industries (BOM:539043) 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.

BKM Industries Receivables Turnover Related Terms

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

BKM Industries (BOM:539043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » BKM Industries Ltd (BOM:539043) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BKMINDST:India

Address

8/1, Lal Bazar Street, Bikaner Building, 3rd Floor, Kolkata, WB, IND, 700001

Website

http://www.bkmindustries.com

BKM Industries Ltd manufactures metal packaging products and aluminum semi-rigid containers, shipbuilding, naval design services, and agro-commodities. Its segments consist of Manufacturing of packaging products like caps, crown closures, printed sheets, corrugated boxes, and semi-rigid containers; and Trading and services of various kind of products. The company's operations are held in India, United Arab Emirates, Bangladesh, Liberia, Malaysia, and other countries. Majority of the revenue is derived from manufacturing activities in India.

BKM Industries (BOM:539043) Headlines

No Headlines