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Macfos (BOM:543787) Receivables Turnover : 0.74 (As of Dec. 2024)


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What is Macfos 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. Macfos's Revenue for the three months ended in Dec. 2024 was ₹458 Mil. Macfos's average Accounts Receivable for the three months ended in Dec. 2024 was ₹623 Mil. Hence, Macfos's Receivables Turnover for the three months ended in Dec. 2024 was 0.74.


Macfos Receivables Turnover Historical Data

The historical data trend for Macfos'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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Macfos Receivables Turnover Chart

Macfos Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
238.85 57.84 42.67 38.50 42.36

Macfos Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 13.90 11.77 16.35 1.44 0.74

Competitive Comparison of Macfos's Receivables Turnover

For the Electronic Components subindustry, Macfos'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.


Macfos's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Macfos's Receivables Turnover distribution charts can be found below:

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


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Macfos Receivables Turnover Calculation

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

Macfos'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 )
=1251.331 / ((24.326 + 34.761) / 2 )
=1251.331 / 29.5435
=42.36

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

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=458.034 / ((622.696 + 0) / 1 )
=458.034 / 622.696
=0.74

* 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.


Macfos  (BOM:543787) 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.


Macfos Receivables Turnover Related Terms

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Macfos Business Description

Traded in Other Exchanges
N/A
Address
Bhosari Alandi Road, S. No. 78/1, Sumant Building, Dynamic Logistics Trade Park, Dighi, Pune, MH, IND, 411015
Macfos Ltd is an e-commerce-based company. The company is engaged in the business of developing, manufacturing, and reselling Industrial Electronic, Engineering, and Research and Development products in India or elsewhere. It is also involved in the business of providing 3D Printing Services, Prototyping Services, Assembly of Mechanical, Electronics products, and Li-ion batteries. The company operates in a single segment of electronic items and parts. The company's portfolio consists of electronics components and parts that facilitate consumers such as manufacturers, electrical & mechanical engineering students, educational institutions, researchers, and developers, to turn their ideas into reality as well as to speed up their product's R&D and prototyping cycle.

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