Uday Jewellery Industries (BOM:539518) Receivables Turnover : 1.90 (As of Dec. 2024)

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What is Uday Jewellery 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. Uday Jewellery Industries's Revenue for the three months ended in Dec. 2024 was ₹989 Mil. Uday Jewellery Industries's average Accounts Receivable for the three months ended in Dec. 2024 was ₹521 Mil. Hence, Uday Jewellery Industries's Receivables Turnover for the three months ended in Dec. 2024 was 1.90.

Uday Jewellery Industries Receivables Turnover Historical Data

The historical data trend for Uday Jewellery 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.

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Uday Jewellery Industries Receivables Turnover Chart

Uday Jewellery Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.62

3.12

3.84

4.50

3.76

Uday Jewellery Industries 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															1.14	0.87	0.87	1.19	1.90

Competitive Comparison of Uday Jewellery Industries's Receivables Turnover

For the Luxury Goods subindustry, Uday Jewellery 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.

Uday Jewellery Industries's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Uday Jewellery Industries's Receivables Turnover distribution charts can be found below:

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

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Uday Jewellery Industries Receivables Turnover Calculation

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

Uday Jewellery 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 )
=	1731.824	/ (	(443.249	+	478.408)	/	2 )
=	1731.824	/	460.8285
=	3.76

Uday Jewellery Industries'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 )
=	989.211	/ (	(521.365	+	0)	/	1 )
=	989.211	/	521.365
=	1.90

Uday Jewellery Industries (BOM:539518) 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.

Uday Jewellery Industries Receivables Turnover Related Terms

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Uday Jewellery Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Uday Jewellery Industries Ltd (BOM:539518) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Hyderguda Main Road, 3-6-307/1, 3-6-307/2, 3-6-308/1, 2nd Floor, Simple Natural Systems, Basheer Bagh, Hyderabad, TG, IND, 500004

Website

https://www.udayjewellery.com

Uday Jewellery Industries Ltd is a wholesaler of CZ and color gemstone studded jewellery. The company manufactures and trades in gold, gems, and studded jewellery. It manufactures products of white gold jewellery studded with precious stones using various themes that include Aira concept jewellery using a variety of colored gemstones, and Twenty-One-carat gold jewellery for export. The company derives the majority of its revenue from the sale and export of its studded jewellery collections.

Uday Jewellery Industries Headlines

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