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INOX India (BOM:544046) Receivables Turnover : 1.47 (As of Mar. 2025)


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What is INOX 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. INOX India's Revenue for the three months ended in Mar. 2025 was ₹3,694 Mil. INOX India's average Accounts Receivable for the three months ended in Mar. 2025 was ₹2,516 Mil. Hence, INOX India's Receivables Turnover for the three months ended in Mar. 2025 was 1.47.


INOX India Receivables Turnover Historical Data

The historical data trend for INOX 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.

* Premium members only.

INOX India Receivables Turnover Chart

INOX India Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
5.15 7.94 8.49 7.48 6.34

INOX India Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 1.85 1.85 2.02 1.47

Competitive Comparison of INOX India's Receivables Turnover

For the Specialty Industrial Machinery subindustry, INOX 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.


INOX India's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where INOX India's Receivables Turnover falls into.


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INOX India Receivables Turnover Calculation

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

INOX India's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=13059.976 / ((1600.781 + 2516.39) / 2 )
=13059.976 / 2058.5855
=6.34

INOX India's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=3693.978 / ((0 + 2516.39) / 1 )
=3693.978 / 2516.39
=1.47

* 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.


INOX India  (BOM:544046) 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.


INOX India Receivables Turnover Related Terms

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INOX India Business Description

Traded in Other Exchanges
Address
Race Course, 9th Floor, K P Platina, Vadodara, GJ, IND, 390007
INOX India Ltd is a manufacturer of cryogenic equipment and cryogenic tank manufacturers. The company's products include standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions as well as large turnkey projects which are used in diverse industries such as industrial gases, liquified natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals and construction. The company generates revenue from India, Korea, France, Japan, Saudi Arabia, and other regions.

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