Affordable Robotic & Automation (BOM:541402) Receivables Turnover : 1.02 (As of Dec. 2024)

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What is Affordable Robotic & Automation 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. Affordable Robotic & Automation's Revenue for the three months ended in Dec. 2024 was ₹781 Mil. Affordable Robotic & Automation's average Accounts Receivable for the three months ended in Dec. 2024 was ₹764 Mil. Hence, Affordable Robotic & Automation's Receivables Turnover for the three months ended in Dec. 2024 was 1.02.

Affordable Robotic & Automation Receivables Turnover Historical Data

The historical data trend for Affordable Robotic & Automation'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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Affordable Robotic & Automation Receivables Turnover Chart

Affordable Robotic & Automation Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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2.48

1.38

1.91

2.06

1.97

Affordable Robotic & Automation Quarterly Data
	Mar15	Mar16	Mar17	Dec17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															-	1.11	1.08	-	1.02

Competitive Comparison of Affordable Robotic & Automation's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Affordable Robotic & Automation'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.

Affordable Robotic & Automation's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Affordable Robotic & Automation's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Affordable Robotic & Automation's Receivables Turnover falls into.

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Affordable Robotic & Automation Receivables Turnover Calculation

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

Affordable Robotic & Automation'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 )
=	1627.336	/ (	(677.475	+	978.117)	/	2 )
=	1627.336	/	827.796
=	1.97

Affordable Robotic & Automation'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 )
=	781.421	/ (	(764.432	+	0)	/	1 )
=	781.421	/	764.432
=	1.02

Affordable Robotic & Automation (BOM:541402) 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.

Affordable Robotic & Automation Receivables Turnover Related Terms

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Affordable Robotic & Automation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Affordable Robotic & Automation Ltd (BOM:541402) » Definitions » Receivables Turnover

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AFFORDABLE:India

Address

Village Wadki, Gate Number 1209, Taluka Haveli, Pune, MH, IND, 412308

Website

https://www.arapl.co.in

Affordable Robotic & Automation Ltd is an Indian firm engaged in manufacturing jigs and fixtures and multilevel car parking. It provides turnkey automation solutions to automotive, semi-automotive, and manufacturing industries. Business products and solutions have industrial applications in line automation, assembly lines, conveyors, robotic inspection stations, pick and place systems, gantry, auto assembly stations, robotic welding, fixed, indexing, rotary type welding fixtures, spot, MIG welding robotic cell, pneumatic, hydraulic, hydro-pneumatic SPMs, jigs, gauges, and fixtures. It is also involved in assembling and installing automatic multilevel car parking systems preferred by residential complexes, shopping malls, etc. Primary revenue accrues from automation sales.

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