ARCL Organics (BOM:543993) Receivables Turnover : 3.19 (As of Mar. 2024)

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What is ARCL Organics 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. ARCL Organics's Revenue for the six months ended in Mar. 2024 was ₹1,046 Mil. ARCL Organics's average Accounts Receivable for the six months ended in Mar. 2024 was ₹328 Mil. Hence, ARCL Organics's Receivables Turnover for the six months ended in Mar. 2024 was 3.19.

ARCL Organics Receivables Turnover Historical Data

The historical data trend for ARCL Organics'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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ARCL Organics Receivables Turnover Chart

ARCL Organics Annual Data

Trend

Mar23

Mar24

Receivables Turnover

5.13

5.71

ARCL Organics Semi-Annual Data
	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	-	2.44	2.68	3.19

Competitive Comparison of ARCL Organics's Receivables Turnover

For the Specialty Chemicals subindustry, ARCL Organics'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.

ARCL Organics's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ARCL Organics's Receivables Turnover distribution charts can be found below:

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

ARCL Organics Receivables Turnover Calculation

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

ARCL Organics'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 )
=	1894.507	/ (	(320.219	+	342.974)	/	2 )
=	1894.507	/	331.5965
=	5.71

ARCL Organics'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 )
=	1046.192	/ (	(312.117	+	342.974)	/	2 )
=	1046.192	/	327.5455
=	3.19

ARCL Organics (BOM:543993) 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.

ARCL Organics Receivables Turnover Related Terms

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ARCL Organics (BOM:543993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ARCL Organics Ltd (BOM:543993) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.S. Maheshtala, Rampur, Kolkata, WB, IND, 700 141

Website

https://www.arclorganics.com

ARCL Organics Ltd is engaged in the manufacturing of HMMM and other specialty resins. Its products include amino resin, melamine resins, phenolic resins, and formaldehyde.

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