Associated Coaters (BOM:544183) Receivables Turnover : 0.96 (As of Sep. 2024)

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What is Associated Coaters 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. Associated Coaters's Revenue for the six months ended in Sep. 2024 was ₹22.08 Mil. Associated Coaters's average Accounts Receivable for the six months ended in Sep. 2024 was ₹22.94 Mil. Hence, Associated Coaters's Receivables Turnover for the six months ended in Sep. 2024 was 0.96.

Associated Coaters Receivables Turnover Historical Data

The historical data trend for Associated Coaters'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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Associated Coaters Receivables Turnover Chart

Associated Coaters Annual Data

Trend

Mar21

Mar22

Mar23

Receivables Turnover

1.03

2.50

Associated Coaters Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Receivables Turnover	-	-	-	1.55	0.96

Competitive Comparison of Associated Coaters's Receivables Turnover

For the Specialty Business Services subindustry, Associated Coaters'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.

Associated Coaters's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Associated Coaters's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Associated Coaters's Receivables Turnover falls into.

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Associated Coaters Receivables Turnover Calculation

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

Associated Coaters'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 )
=	35.894	/ (	(13.587	+	15.091)	/	2 )
=	35.894	/	14.339
=	2.50

Associated Coaters's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	22.082	/ (	(14.924	+	30.963)	/	2 )
=	22.082	/	22.9435
=	0.96

Associated Coaters (BOM:544183) 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.

Associated Coaters Receivables Turnover Related Terms

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Associated Coaters Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Associated Coaters Ltd (BOM:544183) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashuti Khanberia Maheshtala LP 20/83/46, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola, Kolkata, WB, IND, 700141

Website

https://www.associatedcoaters.in

Associated Coaters Ltd is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in the Architect and Real Estate Industry.

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