J G Chemicals (BOM:544138) Receivables Turnover : 1.63 (As of Dec. 2024)

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What is J G Chemicals 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. J G Chemicals's Revenue for the three months ended in Dec. 2024 was ₹2,091 Mil. J G Chemicals's average Accounts Receivable for the three months ended in Dec. 2024 was ₹1,286 Mil. Hence, J G Chemicals's Receivables Turnover for the three months ended in Dec. 2024 was 1.63.

J G Chemicals Receivables Turnover Historical Data

The historical data trend for J G Chemicals'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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J G Chemicals Receivables Turnover Chart

J G Chemicals Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

4.83

6.63

7.46

5.75

J G Chemicals Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					1.71	1.72	1.74	1.65	1.63

Competitive Comparison of J G Chemicals's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, J G Chemicals'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.

J G Chemicals's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, J G Chemicals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where J G Chemicals's Receivables Turnover falls into.

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J G Chemicals Receivables Turnover Calculation

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

J G Chemicals'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 )
=	6676.71	/ (	(1156.09	+	1166.88)	/	2 )
=	6676.71	/	1161.485
=	5.75

J G Chemicals'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 )
=	2090.76	/ (	(1286.07	+	0)	/	1 )
=	2090.76	/	1286.07
=	1.63

J G Chemicals (BOM:544138) 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.

J G Chemicals Receivables Turnover Related Terms

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J G Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » J G Chemicals Ltd (BOM:544138) » Definitions » Receivables Turnover

Traded in Other Exchanges

JGCHEM:India

Address

Street No. 18, Adventz Infinity 5, Unit 1510 & 1511, 15th Floor, Plot 5 Block - BN, Salt Lake Electronics Complex, Sector - V, CK Market, North 24 Parganas, Saltlake, Bidhan Nagar, WB, IND, 700091

Website

https://www.jgchem.com

J G Chemicals Ltd is a zinc oxide manufacturer company. It sells over 80 grades of zinc oxide and has products that cater to industrial applications, including rubber (tyre & other rubber products), ceramics, paints & coatings, pharmaceuticals & cosmetics, electronics & batteries, agro-chemicals & fertilizers, speciality chemicals, lubricants, oil & gas, and animal feed. Geographically the company generates revenue from India and foreign countries, with India being the dominant source of revenue.

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