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DOMS Industries (BOM:544045) Receivables Turnover : 17.82 (As of Sep. 2023)


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What is DOMS 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. DOMS Industries's Revenue for the six months ended in Sep. 2023 was ₹7,603 Mil. DOMS Industries's average Accounts Receivable for the six months ended in Sep. 2023 was ₹427 Mil. Hence, DOMS Industries's Receivables Turnover for the six months ended in Sep. 2023 was 17.82.


DOMS Industries Receivables Turnover Historical Data

The historical data trend for DOMS 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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DOMS Industries Receivables Turnover Chart

DOMS Industries Annual Data
Trend Mar21 Mar22 Mar23
Receivables Turnover
9.55 14.94 28.48

DOMS Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Receivables Turnover - - - 17.82

Competitive Comparison of DOMS Industries's Receivables Turnover

For the Business Equipment & Supplies subindustry, DOMS 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.


DOMS Industries's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, DOMS Industries's Receivables Turnover distribution charts can be found below:

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



DOMS Industries Receivables Turnover Calculation

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

DOMS Industries's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=12076.6 / ((491.62 + 356.39) / 2 )
=12076.6 / 424.005
=28.48

DOMS Industries's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=7603.09 / ((356.39 + 497.12) / 2 )
=7603.09 / 426.755
=17.82

* 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.


DOMS Industries  (BOM:544045) 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.


DOMS Industries Receivables Turnover Related Terms

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DOMS Industries (BOM:544045) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Plot No. 117, 52 Hector Expansion Area, G.I.D.C., District Valsad, Umbergaon, GJ, IND, 396171
DOMS Industries Ltd is engaged in the manufacturing of stationery and art material products in India. It designs, develops, manufactures, and sells products, primarily under DOMS brand. Its products are classified across seven categories: (i) scholastic stationery; (ii) scholastic art material; (iii) paper stationery; (iv) kits and combos; (v) office supplies; (vi) hobby and craft; and (vii) fine art products.

DOMS Industries (BOM:544045) Headlines

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