Jyoti CNC Automation (BOM:544081) Receivables Turnover : 1.76 (As of Dec. 2024)

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What is Jyoti CNC Automation 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. Jyoti CNC Automation's Revenue for the three months ended in Dec. 2024 was ₹4,495 Mil. Jyoti CNC Automation's average Accounts Receivable for the three months ended in Dec. 2024 was ₹2,561 Mil. Hence, Jyoti CNC Automation's Receivables Turnover for the three months ended in Dec. 2024 was 1.76.

Jyoti CNC Automation Receivables Turnover Historical Data

The historical data trend for Jyoti CNC Automation'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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Jyoti CNC Automation Receivables Turnover Chart

Jyoti CNC Automation Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

2.67

3.58

5.35

6.75

Jyoti CNC Automation Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					2.84	1.79	1.45	1.68	1.76

Competitive Comparison of Jyoti CNC Automation's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Jyoti CNC Automation'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.

Jyoti CNC Automation's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Jyoti CNC Automation's Receivables Turnover falls into.

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Jyoti CNC Automation Receivables Turnover Calculation

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

Jyoti CNC Automation'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 )
=	13338.58	/ (	(1458.78	+	2491.01)	/	2 )
=	13338.58	/	1974.895
=	6.75

Jyoti CNC Automation'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 )
=	4495.08	/ (	(2560.58	+	0)	/	1 )
=	4495.08	/	2560.58
=	1.76

Jyoti CNC Automation (BOM:544081) 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.

Jyoti CNC Automation Receivables Turnover Related Terms

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Jyoti CNC Automation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jyoti CNC Automation Ltd (BOM:544081) » Definitions » Receivables Turnover

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Traded in Other Exchanges

JYOTICNC:India

Address

G - 506, Lodhika GIDC, Village Metoda, Rajkot, GJ, IND, 360021

Website

https://www.jyoti.co.in

Jyoti CNC Automation Ltd is a manufacturer of CNC machines. It is a manufacturer of simultaneous 5-Axis CNC machines and has a diverse portfolio of CNC machines including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Machining Centers (HMCs), simultaneous 3-Axis CNC machining Centers, simultaneous 5-Axis CNC machining Centers and multi-tasking machines. It operates only in one segment, Manufacturing of Metal Cutting CNC Machine.

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