Clara Industries (BOM:543435) Receivables Turnover : 0.00 (As of Mar. 2024)

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What is Clara Industries 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. Clara Industries's Revenue for the three months ended in Mar. 2024 was ₹0.0 Mil. Clara Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹122.6 Mil.

Clara Industries Receivables Turnover Historical Data

The historical data trend for Clara Industries'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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Clara Industries Receivables Turnover Chart

Clara Industries Annual Data

Trend

Mar22

Mar23

Mar24

Receivables Turnover

1.40

2.31

1.64

Clara Industries Quarterly Data
	Jun21	Nov21	Mar22	Jun22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			0.64	0.65	-	-	-

Competitive Comparison of Clara Industries's Receivables Turnover

For the Packaging & Containers subindustry, Clara Industries'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.

Clara Industries's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Clara Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Clara Industries's Receivables Turnover falls into.

Clara Industries Receivables Turnover Calculation

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

Clara Industries'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 )
=	126.813	/ (	(72.483	+	82.444)	/	2 )
=	126.813	/	77.4635
=	1.64

Clara Industries'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 )
=	0	/ (	(162.769	+	82.444)	/	2 )
=	0	/	122.6065
=	N/A

Clara Industries (BOM:543435) 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.

Clara Industries Receivables Turnover Related Terms

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Clara Industries (BOM:543435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Clara Industries Ltd (BOM:543435) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

127/1, Gram Simbhalka Junardar Paragna, Tehsil and District Saharanpur, Saharanpur, UP, IND, 247001

Website

https://www.clara.co.in

Clara Industries Ltd is engaged in providing flexible plastic packaging solutions. The company is known for manufacturing and supplying high-end multilayer plastic bags and multilayer plastic rolls in India.

Clara Industries (BOM:543435) Headlines

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