Alkosign (BOM:543453) Receivables Turnover : 2.84 (As of Mar. 2024)

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What is Alkosign 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. Alkosign's Revenue for the six months ended in Mar. 2024 was ₹144.3 Mil. Alkosign's average Accounts Receivable for the six months ended in Mar. 2024 was ₹50.8 Mil. Hence, Alkosign's Receivables Turnover for the six months ended in Mar. 2024 was 2.84.

Alkosign Receivables Turnover Historical Data

The historical data trend for Alkosign'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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Alkosign Receivables Turnover Chart

Alkosign Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

2.65

2.78

8.41

8.51

Alkosign Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			2.64	3.89	4.79	5.83	2.84

Competitive Comparison of Alkosign's Receivables Turnover

For the Business Equipment & Supplies subindustry, Alkosign'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.

Alkosign's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Alkosign Receivables Turnover Calculation

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

Alkosign'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 )
=	356.872	/ (	(27.557	+	56.347)	/	2 )
=	356.872	/	41.952
=	8.51

Alkosign'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 )
=	144.327	/ (	(45.33	+	56.347)	/	2 )
=	144.327	/	50.8385
=	2.84

Alkosign (BOM:543453) 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.

Alkosign Receivables Turnover Related Terms

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Alkosign Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Alkosign Ltd (BOM:543453) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

S NO: 12A, MIDC, Near Mother Dairy, Saravli, Bhiwandi, Thane, Mumbai, MH, IND, 421 311

Website

https://www.alkosign.com

Alkosign Ltd is engaged in manufacturing of visual presentation systems namely writing boards/display boards/notice boards of different types along with its associated accessories and stands used for these boards, school benches, desks, and their accessories. The company generates all of its revenue from the sale of goods in the domestic market.

Alkosign Headlines

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