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Misquita Engineering (BOM:542801) Receivables Turnover : 1.87 (As of Sep. 2024)


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What is Misquita Engineering 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. Misquita Engineering's Revenue for the six months ended in Sep. 2024 was ₹55.2 Mil. Misquita Engineering's average Accounts Receivable for the six months ended in Sep. 2024 was ₹29.5 Mil. Hence, Misquita Engineering's Receivables Turnover for the six months ended in Sep. 2024 was 1.87.


Misquita Engineering Receivables Turnover Historical Data

The historical data trend for Misquita Engineering'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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Misquita Engineering Receivables Turnover Chart

Misquita Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial 7.93 6.44 4.56 4.83 4.71

Misquita Engineering Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 1.93 1.16 1.97 1.57 1.87

Competitive Comparison of Misquita Engineering's Receivables Turnover

For the Metal Fabrication subindustry, Misquita Engineering'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.


Misquita Engineering's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Misquita Engineering's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Misquita Engineering's Receivables Turnover falls into.



Misquita Engineering Receivables Turnover Calculation

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

Misquita Engineering'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 )
=100.685 / ((18.177 + 24.533) / 2 )
=100.685 / 21.355
=4.71

Misquita Engineering's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=55.207 / ((24.533 + 34.41) / 2 )
=55.207 / 29.4715
=1.87

* 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.


Misquita Engineering  (BOM:542801) 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.


Misquita Engineering Receivables Turnover Related Terms

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Misquita Engineering Business Description

Traded in Other Exchanges
N/A
Address
182/1, Ghar Bhat, Vaiginim Vaddo, Nachinola, Aldona, Bardez, North Goa, Goa, GA, IND, 403508
Misquita Engineering Ltd is a manufacturer of flame retardant motor, bearing housing and base station antenna. The company supplies cast iron bearing housings of different models for all their front loading washing machines and also supplies cast iron components to Crompton Greaves for their flame retardant motors. The company generates its revenue from domestic sales of its Manufactured products.

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