Alphalogic Industries (BOM:543937) Receivables Turnover : 3.82 (As of Mar. 2024)

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What is Alphalogic 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. Alphalogic Industries's Revenue for the six months ended in Mar. 2024 was ₹278.1 Mil. Alphalogic Industries's average Accounts Receivable for the six months ended in Mar. 2024 was ₹72.8 Mil. Hence, Alphalogic Industries's Receivables Turnover for the six months ended in Mar. 2024 was 3.82.

Alphalogic Industries Receivables Turnover Historical Data

The historical data trend for Alphalogic 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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Alphalogic Industries Receivables Turnover Chart

Alphalogic Industries Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

268.61

19.13

11.26

9.12

Alphalogic Industries Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	7.63	4.95	4.42	3.82

Competitive Comparison of Alphalogic Industries's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Alphalogic 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.

Alphalogic Industries's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alphalogic Industries's Receivables Turnover distribution charts can be found below:

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

Alphalogic Industries Receivables Turnover Calculation

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

Alphalogic 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 )
=	475.403	/ (	(23.917	+	80.381)	/	2 )
=	475.403	/	52.149
=	9.12

Alphalogic 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 )
=	278.092	/ (	(65.281	+	80.381)	/	2 )
=	278.092	/	72.831
=	3.82

Alphalogic Industries (BOM:543937) 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.

Alphalogic Industries Receivables Turnover Related Terms

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Alphalogic Industries (BOM:543937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Alphalogic Industries Ltd (BOM:543937) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Old Mumbai-Pune Highway, Office No. 207, 2nd Floor, Kohinoor B-Zone, Besides Vijay Sales, Opposute City One Mall, Pimpri Chinchwad, Pune, MH, IND, 411019

Website

https://www.alphalogicindustries.com

Alphalogic Industries Ltd is a storage solution manufacturing company. It is engaged in the design, manufacturing, supply, and installation of industrial and institutional storage systems that is compactor storage systems, heavy-duty storage racks, cantilever racks, lockers, mezzanine floors, metal pallets & crates, library stacks, book case, book trolly, periodical display rack, school lockers, book support.

Alphalogic Industries (BOM:543937) Headlines

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