G R Infraprojects (BOM:543317) Receivables Turnover : 6.03 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is G R Infraprojects 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. G R Infraprojects's Revenue for the three months ended in Dec. 2023 was ₹21,340 Mil. G R Infraprojects's average Accounts Receivable for the three months ended in Dec. 2023 was ₹3,541 Mil. Hence, G R Infraprojects's Receivables Turnover for the three months ended in Dec. 2023 was 6.03.

G R Infraprojects Receivables Turnover Historical Data

The historical data trend for G R Infraprojects'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.

G R Infraprojects Receivables Turnover Chart

G R Infraprojects Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

9.24

14.39

18.42

14.64

16.85

G R Infraprojects Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial											4.11	5.33	5.37	5.32	6.03

Competitive Comparison of G R Infraprojects's Receivables Turnover

For the Engineering & Construction subindustry, G R Infraprojects'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.

G R Infraprojects's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, G R Infraprojects's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where G R Infraprojects's Receivables Turnover falls into.

G R Infraprojects Receivables Turnover Calculation

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

G R Infraprojects's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	94815.149	/ (	(6638.16	+	4615.789)	/	2 )
=	94815.149	/	5626.9745
=	16.85

G R Infraprojects's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	21340.191	/ (	(3541.207	+	0)	/	1 )
=	21340.191	/	3541.207
=	6.03

G R Infraprojects (BOM:543317) 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.

G R Infraprojects Receivables Turnover Related Terms

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

G R Infraprojects (BOM:543317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » G R Infraprojects Ltd (BOM:543317) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

GRINFRA:India

Address

GR House, Hiran Magri, Sector 11, Udaipur, RJ, IND, 313 002

Website

https://www.grinfra.com

G R Infraprojects Ltd is an integrated road engineering, procurement and construction (EPC) company. The segment divided into three categories namely Engineering Procurement and Construction which includes Construction of road and other infra facilities. Build, Operate and Transfer (BOT)/Annuity Projects in which Construction, operation and maintenance of road under concession agreement. and other include Sale of products, job work charges and other miscellaneous income.

G R Infraprojects (BOM:543317) Headlines

No Headlines