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Raw Edge Industrial Solutions (BOM:541634) Receivables Turnover : 1.30 (As of Mar. 2024)


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What is Raw Edge Industrial Solutions 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. Raw Edge Industrial Solutions's Revenue for the three months ended in Mar. 2024 was ₹131.2 Mil. Raw Edge Industrial Solutions's average Accounts Receivable for the three months ended in Mar. 2024 was ₹100.8 Mil. Hence, Raw Edge Industrial Solutions's Receivables Turnover for the three months ended in Mar. 2024 was 1.30.


Raw Edge Industrial Solutions Receivables Turnover Historical Data

The historical data trend for Raw Edge Industrial Solutions'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.

* Premium members only.

Raw Edge Industrial Solutions Receivables Turnover Chart

Raw Edge Industrial Solutions 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 2.27 2.05 1.80 2.74 4.15

Raw Edge Industrial Solutions Quarterly Data
Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.96 0.96 1.07 0.98 1.30

Competitive Comparison of Raw Edge Industrial Solutions's Receivables Turnover

For the Building Materials subindustry, Raw Edge Industrial Solutions'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.


Raw Edge Industrial Solutions's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raw Edge Industrial Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Raw Edge Industrial Solutions's Receivables Turnover falls into.



Raw Edge Industrial Solutions Receivables Turnover Calculation

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

Raw Edge Industrial Solutions'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 )
=449.68 / ((116.02 + 100.826) / 2 )
=449.68 / 108.423
=4.15

Raw Edge Industrial Solutions's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=131.175 / ((0 + 100.826) / 1 )
=131.175 / 100.826
=1.30

* 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.


Raw Edge Industrial Solutions  (BOM:541634) 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.


Raw Edge Industrial Solutions Receivables Turnover Related Terms

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Raw Edge Industrial Solutions (BOM:541634) Business Description

Traded in Other Exchanges
N/A
Address
02, Navkruti Apartment, Behind B.R. Designs, Near Lal Bunglow, Athwa Lines, Surat, GJ, IND, 395007
Raw Edge Industrial Solutions Ltd is a manufacturer and supplier of minerals. Its product offerings include a quality range of Calcined Lime, Dolomitic Lime, Hydrated Lime, AAC Lime, Calcined Magnesite, Clinker, Quartz, Gypsum, and Imported Coal.

Raw Edge Industrial Solutions (BOM:541634) Headlines

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