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Poojawestern Metaliks (BOM:540727) Receivables Turnover : 1.98 (As of Dec. 2024)


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What is Poojawestern Metaliks 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. Poojawestern Metaliks's Revenue for the three months ended in Dec. 2024 was ₹151.9 Mil. Poojawestern Metaliks's average Accounts Receivable for the three months ended in Dec. 2024 was ₹76.8 Mil. Hence, Poojawestern Metaliks's Receivables Turnover for the three months ended in Dec. 2024 was 1.98.


Poojawestern Metaliks Receivables Turnover Historical Data

The historical data trend for Poojawestern Metaliks'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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Poojawestern Metaliks Receivables Turnover Chart

Poojawestern Metaliks 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 7.47 5.60 6.78 7.10 8.90

Poojawestern Metaliks Quarterly Data
Sep19 Mar20 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 2.40 1.97 0.77 1.84 1.98

Competitive Comparison of Poojawestern Metaliks's Receivables Turnover

For the Metal Fabrication subindustry, Poojawestern Metaliks'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.


Poojawestern Metaliks's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Poojawestern Metaliks's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Poojawestern Metaliks's Receivables Turnover falls into.


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Poojawestern Metaliks Receivables Turnover Calculation

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

Poojawestern Metaliks'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 )
=612.921 / ((56.336 + 81.437) / 2 )
=612.921 / 68.8865
=8.90

Poojawestern Metaliks'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 )
=151.851 / ((76.809 + 0) / 1 )
=151.851 / 76.809
=1.98

* 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.


Poojawestern Metaliks  (BOM:540727) 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.


Poojawestern Metaliks Receivables Turnover Related Terms

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Poojawestern Metaliks Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 1, G.I.D.C., Industrial Area, Phase II, Near Dared Village, Jamnagar, GJ, IND, 361 004
Poojawestern Metaliks Ltd manufactures, imports, and exports non-ferrous metal scrap, brass plumbing fittings, brass ingots, and brass sanitary fittings. Its categories include Products Brass and Copper Alloys; Pipe Fittings; Brass Inserts For Mouldings; Brass Fittings and CNC VMC Machine Turned Parts. The company brands include P-Alloy; P-Fitt; P-Fix; P-Max; and P-Perfekt. The Company is operating in single business segments i.e. Manufacturing and trading Exporting of Brass items.

Poojawestern Metaliks Headlines

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