Magadh Sugar & Energy (BOM:540650) Receivables Turnover : 10.23 (As of Jun. 2024)

Magadh Sugar & Energy Receivables Turnover Chart

Magadh Sugar & Energy Annual Data
	Trend	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover		Get a 7-Day Free Trial				60.00	78.69	30.92	22.81	31.41

Magadh Sugar & Energy Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															8.71	18.18	13.74	8.14	10.23

Competitive Comparison of Magadh Sugar & Energy's Receivables Turnover

For the Confectioners subindustry, Magadh Sugar & Energy'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.

Magadh Sugar & Energy's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Magadh Sugar & Energy's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Magadh Sugar & Energy's Receivables Turnover falls into.

Magadh Sugar & Energy Receivables Turnover Calculation

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

Magadh Sugar & Energy's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Magadh Sugar & Energy's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

* 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.

Magadh Sugar & Energy  (BOM:540650) 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.

Magadh Sugar & Energy Receivables Turnover Related Terms

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Magadh Sugar & Energy Business Description