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Deep Polymers (BOM:541778) Receivables Turnover : 0.85 (As of Dec. 2024)


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What is Deep Polymers 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. Deep Polymers's Revenue for the three months ended in Dec. 2024 was ₹225 Mil. Deep Polymers's average Accounts Receivable for the three months ended in Dec. 2024 was ₹265 Mil. Hence, Deep Polymers's Receivables Turnover for the three months ended in Dec. 2024 was 0.85.


Deep Polymers Receivables Turnover Historical Data

The historical data trend for Deep Polymers'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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Deep Polymers Receivables Turnover Chart

Deep Polymers 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 1.67 2.14 4.35 3.15 3.56

Deep Polymers Quarterly Data
Mar20 Jun20 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 0.75 0.93 1.00 0.94 0.85

Competitive Comparison of Deep Polymers's Receivables Turnover

For the Specialty Chemicals subindustry, Deep Polymers'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.


Deep Polymers's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Deep Polymers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Deep Polymers's Receivables Turnover falls into.


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Deep Polymers Receivables Turnover Calculation

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

Deep Polymers'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 )
=1052.185 / ((312.246 + 278.086) / 2 )
=1052.185 / 295.166
=3.56

Deep Polymers'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 )
=225.392 / ((265.085 + 0) / 1 )
=225.392 / 265.085
=0.85

* 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.


Deep Polymers  (BOM:541778) 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.


Deep Polymers Receivables Turnover Related Terms

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Deep Polymers Business Description

Traded in Other Exchanges
N/A
Address
Block No. 727 and 553, Rakanpur (Santej), Kalol District, Gandhinagar, GJ, IND, 382 721
Deep Polymers Ltd is an India-based company that manufactures colour and additive masterbatches for engineering plastics and compounds. It manufactures and supplies Masterbatches such as Antifab Fillers, Transparent Fillers, Color Fillers, White Masterbatches, Special Effect Masterbatches, and Additive Masterbatches.

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