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Lancer Container Lines (BOM:539841) Receivables Turnover : 1.71 (As of Dec. 2024)


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What is Lancer Container Lines 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. Lancer Container Lines's Revenue for the three months ended in Dec. 2024 was ₹2,040 Mil. Lancer Container Lines's average Accounts Receivable for the three months ended in Dec. 2024 was ₹1,194 Mil. Hence, Lancer Container Lines's Receivables Turnover for the three months ended in Dec. 2024 was 1.71.


Lancer Container Lines Receivables Turnover Historical Data

The historical data trend for Lancer Container Lines'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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Lancer Container Lines Receivables Turnover Chart

Lancer Container Lines 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 18.14 12.87 14.91 11.22 6.14

Lancer Container Lines 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 1.70 1.32 1.53 1.69 1.71

Competitive Comparison of Lancer Container Lines's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Lancer Container Lines'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.


Lancer Container Lines's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Lancer Container Lines's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lancer Container Lines's Receivables Turnover falls into.


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Lancer Container Lines Receivables Turnover Calculation

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

Lancer Container Lines'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 )
=6334.099 / ((939.78 + 1124.572) / 2 )
=6334.099 / 1032.176
=6.14

Lancer Container Lines'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 )
=2039.726 / ((1194.439 + 0) / 1 )
=2039.726 / 1194.439
=1.71

* 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.


Lancer Container Lines  (BOM:539841) 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.


Lancer Container Lines Receivables Turnover Related Terms

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Lancer Container Lines Business Description

Traded in Other Exchanges
N/A
Address
Unit Nos. H02-2, H02-3 & H02-4, Plot No. 60, Sector-11, Lancer House, Mayuresh Chambers Premises Co-op.Society Ltd, CBD Belapur, Navi Mumbai, MH, IND, 400614
Lancer Container Lines Ltd is an India-based logistics company engaged in providing coastal water transport services of intermodal containers by container ships. The group provides logistic services such as non-vessel-operating common carrier, freight forwarding, container trading and leasing and container yard. The organization provides the services on a global basis. The company operates only in one segment namely Non Vessel Owners Operating Carrier.

Lancer Container Lines Headlines

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