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Bharat Dynamics (BOM:541143) Receivables Turnover : 1.07 (As of Dec. 2023)


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What is Bharat Dynamics 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. Bharat Dynamics's Revenue for the three months ended in Dec. 2023 was ₹5,963 Mil. Bharat Dynamics's average Accounts Receivable for the three months ended in Dec. 2023 was ₹5,586 Mil. Hence, Bharat Dynamics's Receivables Turnover for the three months ended in Dec. 2023 was 1.07.


Bharat Dynamics Receivables Turnover Historical Data

The historical data trend for Bharat Dynamics'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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Bharat Dynamics Receivables Turnover Chart

Bharat Dynamics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 6.94 5.51 8.73 10.15

Bharat Dynamics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.08 4.37 1.60 1.09 1.07

Competitive Comparison of Bharat Dynamics's Receivables Turnover

For the Aerospace & Defense subindustry, Bharat Dynamics'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.


Bharat Dynamics's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bharat Dynamics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bharat Dynamics's Receivables Turnover falls into.



Bharat Dynamics Receivables Turnover Calculation

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

Bharat Dynamics's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=24792.393 / ((3041.613 + 1845.727) / 2 )
=24792.393 / 2443.67
=10.15

Bharat Dynamics's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=5963.45 / ((5586.319 + 0) / 1 )
=5963.45 / 5586.319
=1.07

* 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.


Bharat Dynamics  (BOM:541143) 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.


Bharat Dynamics Receivables Turnover Related Terms

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Bharat Dynamics (BOM:541143) Business Description

Traded in Other Exchanges
Address
TSFC Building, Near ICICI towers, Plot No. 38-39, Financial District, Gachibowli, Hyderabad, TG, IND, 500032
Bharat Dynamics Ltd engages in the manufacture and sale of defense equipment. It specializes in surface-to-air missiles, air defense systems, heavyweight torpedoes, air-to-air missiles, and other allied equipment. Its products comprise of Akash weapon system, Dispensing System, Milan 2T, Konkurs, and Submarine Fired Decoy, among others.

Bharat Dynamics (BOM:541143) Headlines

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