Organic Recycling Systems (BOM:543997) Receivables Turnover : 0.46 (As of Mar. 2024)

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

What is Organic Recycling 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. Organic Recycling Systems's Revenue for the six months ended in Mar. 2024 was ₹149.1 Mil. Organic Recycling Systems's average Accounts Receivable for the six months ended in Mar. 2024 was ₹325.9 Mil. Hence, Organic Recycling Systems's Receivables Turnover for the six months ended in Mar. 2024 was 0.46.

Organic Recycling Systems Receivables Turnover Historical Data

The historical data trend for Organic Recycling 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.

Organic Recycling Systems Receivables Turnover Chart

Organic Recycling Systems Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

1.15

1.03

0.84

0.96

0.82

Organic Recycling Systems Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	0.41	0.46

Competitive Comparison of Organic Recycling Systems's Receivables Turnover

For the Waste Management subindustry, Organic Recycling 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.

Organic Recycling Systems's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Organic Recycling Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Organic Recycling Systems's Receivables Turnover falls into.

Organic Recycling Systems Receivables Turnover Calculation

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

Organic Recycling 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 )
=	274.873	/ (	(312.84	+	354.31)	/	2 )
=	274.873	/	333.575
=	0.82

Organic Recycling 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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	149.134	/ (	(297.541	+	354.31)	/	2 )
=	149.134	/	325.9255
=	0.46

Organic Recycling Systems (BOM:543997) 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.

Organic Recycling Systems Receivables Turnover Related Terms

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

Organic Recycling Systems (BOM:543997) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Organic Recycling Systems Ltd (BOM:543997) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 9, Sector-17, Office No. 1003, 10th Floor, The Affaires, Sanpada, Navi Mumbai, MH, IND, 400705

Website

https://www.organicrecycling.co.in

Organic Recycling Systems Ltd is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain. The company has been a forerunner in providing sustainable waste management solutions in India. It primarily focuses on developing robust, cost-effective & environment-friendly technologies that are simple to operate. It has proven technology and capability of successfully running one of India's first Waste to Energy (WTE) plants developed on anaerobic bio methanation technology. It has also set up an MSW processing and disposal plant in Solapur, Maharashtra to convert Municipal Solid Waste (MSW) into electricity and compost.

Organic Recycling Systems (BOM:543997) Headlines

No Headlines