Anand Rayons (BOM:542721) Receivables Turnover : 1.40 (As of Dec. 2024)

Anand Rayons Receivables Turnover Chart

Anand Rayons Annual Data
	Trend	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover		Get a 7-Day Free Trial				5.51	4.63	6.02	5.90	7.26

Anand Rayons Quarterly Data
	Jan19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.68	2.27	1.69	1.55	1.40

Competitive Comparison of Anand Rayons's Receivables Turnover

For the Textile Manufacturing subindustry, Anand Rayons'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.

Anand Rayons's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Anand Rayons's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Anand Rayons's Receivables Turnover falls into.

Anand Rayons Receivables Turnover Calculation

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

Anand Rayons's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Anand Rayons's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

* 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.

Anand Rayons  (BOM:542721) 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.

Anand Rayons Receivables Turnover Related Terms

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Anand Rayons Business Description