Gandhar Oil Refinery (India) (BOM:544029) Receivables Turnover : 1.44 (As of Dec. 2024)

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What is Gandhar Oil Refinery (India) 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. Gandhar Oil Refinery (India)'s Revenue for the three months ended in Dec. 2024 was ₹10,053 Mil. Gandhar Oil Refinery (India)'s average Accounts Receivable for the three months ended in Dec. 2024 was ₹6,966 Mil. Hence, Gandhar Oil Refinery (India)'s Receivables Turnover for the three months ended in Dec. 2024 was 1.44.

Gandhar Oil Refinery (India) Receivables Turnover Historical Data

The historical data trend for Gandhar Oil Refinery (India)'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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Gandhar Oil Refinery (India) Receivables Turnover Chart

Gandhar Oil Refinery (India) Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

4.74

7.72

8.12

6.94

Gandhar Oil Refinery (India) Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial						-	1.50	1.60	1.34	1.44

Competitive Comparison of Gandhar Oil Refinery (India)'s Receivables Turnover

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India)'s Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s Receivables Turnover falls into.

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Gandhar Oil Refinery (India) Receivables Turnover Calculation

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

Gandhar Oil Refinery (India)'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 )
=	41106.04	/ (	(5618.04	+	6232.58)	/	2 )
=	41106.04	/	5925.31
=	6.94

Gandhar Oil Refinery (India)'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 )
=	10052.9	/ (	(6965.97	+	0)	/	1 )
=	10052.9	/	6965.97
=	1.44

Gandhar Oil Refinery (India) (BOM:544029) 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.

Gandhar Oil Refinery (India) Receivables Turnover Related Terms

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Gandhar Oil Refinery (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gandhar Oil Refinery (India) Ltd (BOM:544029) » Definitions » Receivables Turnover

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Traded in Other Exchanges

GANDHAR:India

Address

S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400 062

Website

https://www.gandharoil.com

Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The company has only one reportable segment, "petroleum products - specialty oils." The geographical segments include the Domestic Market and Overseas Markets.

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