GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gleam Fabmat Ltd (BOM:542477) » Definitions » Receivables Turnover

Gleam Fabmat (BOM:542477) Receivables Turnover : 0.07 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Gleam Fabmat 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. Gleam Fabmat's Revenue for the six months ended in Mar. 2024 was ₹6.54 Mil. Gleam Fabmat's average Accounts Receivable for the six months ended in Mar. 2024 was ₹91.84 Mil. Hence, Gleam Fabmat's Receivables Turnover for the six months ended in Mar. 2024 was 0.07.


Gleam Fabmat Receivables Turnover Historical Data

The historical data trend for Gleam Fabmat'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.

Gleam Fabmat Receivables Turnover Chart

Gleam Fabmat Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial 0.60 2.94 0.39 - 0.07

Gleam Fabmat Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.07

Competitive Comparison of Gleam Fabmat's Receivables Turnover

For the Aluminum subindustry, Gleam Fabmat'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.


Gleam Fabmat's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gleam Fabmat's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gleam Fabmat's Receivables Turnover falls into.



Gleam Fabmat Receivables Turnover Calculation

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

Gleam Fabmat'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 )
=6.544 / ((93.615 + 90.073) / 2 )
=6.544 / 91.844
=0.07

Gleam Fabmat'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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=6.544 / ((93.615 + 90.073) / 2 )
=6.544 / 91.844
=0.07

* 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.


Gleam Fabmat  (BOM:542477) 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.


Gleam Fabmat Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Gleam Fabmat's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Gleam Fabmat (BOM:542477) Business Description

Traded in Other Exchanges
N/A
Address
Prahladnagar Trade Center Radio Mirchi Road, D-1209, Vejalpur, Ahmedabad, GJ, IND, 380051
Gleam Fabmat Ltd is engaged in two primary businesses Segment Trading in aluminum and allied metal products and Trading in textiles products Trading in aluminum and allied metal products have a major contribution towards total Revenue.

Gleam Fabmat (BOM:542477) Headlines

No Headlines