Divgi TorqTransfer Systems (BOM:543812) Receivables Turnover : 1.03 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Divgi TorqTransfer Systems 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. Divgi TorqTransfer Systems's Revenue for the three months ended in Mar. 2024 was ₹651 Mil. Divgi TorqTransfer Systems's average Accounts Receivable for the three months ended in Mar. 2024 was ₹631 Mil. Hence, Divgi TorqTransfer Systems's Receivables Turnover for the three months ended in Mar. 2024 was 1.03.

Divgi TorqTransfer Systems Receivables Turnover Historical Data

The historical data trend for Divgi TorqTransfer Systems'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.

Divgi TorqTransfer Systems Receivables Turnover Chart

Divgi TorqTransfer Systems Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

6.61

4.64

4.25

4.31

3.72

Divgi TorqTransfer Systems Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial						1.00	0.77	0.85	0.78	1.03

Competitive Comparison of Divgi TorqTransfer Systems's Receivables Turnover

For the Auto Parts subindustry, Divgi TorqTransfer Systems'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.

Divgi TorqTransfer Systems's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Divgi TorqTransfer Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Divgi TorqTransfer Systems's Receivables Turnover falls into.

Divgi TorqTransfer Systems Receivables Turnover Calculation

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

Divgi TorqTransfer Systems'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 )
=	2534.24	/ (	(732.35	+	630.95)	/	2 )
=	2534.24	/	681.65
=	3.72

Divgi TorqTransfer Systems'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: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	650.64	/ (	(0	+	630.95)	/	1 )
=	650.64	/	630.95
=	1.03

Divgi TorqTransfer Systems (BOM:543812) 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.

Divgi TorqTransfer Systems Receivables Turnover Related Terms

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

Divgi TorqTransfer Systems (BOM:543812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Divgi TorqTransfer Systems Ltd (BOM:543812) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DIVGIITTS:India

Address

MIDC, Bhosari, Plot No. 75, General Block, Pune, MH, IND, 411026

Website

https://www.divgi-tts.com

Divgi TorqTransfer Systems Ltd is engaged in the business as an automotive component entity. It develops and provides system level transfer case, torque coupler and dual clutch automatic transmissions solutions. The Company operates only in one business segment viz. Auto Components and Parts. The secondary segment is based on geographical demarcation, i.e. domestic and exports.

Divgi TorqTransfer Systems (BOM:543812) Headlines

No Headlines