Revathi Equipment India (BOM:544246) Receivables Turnover : 2.14 (As of Dec. 2024)

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What is Revathi Equipment 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. Revathi Equipment India's Revenue for the three months ended in Dec. 2024 was ₹423 Mil. Revathi Equipment India's average Accounts Receivable for the three months ended in Dec. 2024 was ₹198 Mil. Hence, Revathi Equipment India's Receivables Turnover for the three months ended in Dec. 2024 was 2.14.

Revathi Equipment India Receivables Turnover Historical Data

The historical data trend for Revathi Equipment 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.

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Revathi Equipment India Receivables Turnover Chart

Revathi Equipment India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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2.77

1.91

2.10

3.68

6.09

Revathi Equipment India Quarterly Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial								1.05	2.74	2.50	0.73	2.14

Competitive Comparison of Revathi Equipment India's Receivables Turnover

For the Farm & Heavy Construction Machinery subindustry, Revathi Equipment 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.

Revathi Equipment India's Receivables Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Revathi Equipment India's Receivables Turnover distribution charts can be found below:

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

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Revathi Equipment India Receivables Turnover Calculation

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

Revathi Equipment India'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 )
=	2124.622	/ (	(357.495	+	339.716)	/	2 )
=	2124.622	/	348.6055
=	6.09

Revathi Equipment India'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 )
=	423	/ (	(197.5	+	0)	/	1 )
=	423	/	197.5
=	2.14

Revathi Equipment India (BOM:544246) 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.

Revathi Equipment India Receivables Turnover Related Terms

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Revathi Equipment India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Revathi Equipment India Ltd (BOM:544246) » Definitions » Receivables Turnover

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RVTH:India

Address

Pollachi Road, Malumachampatti Post, Coimbatore, TN, IND, 641050

Website

https://www.revathi.in

Revathi Equipment India Ltd is engaged in providing Drilling Solutions to the Mining, construction, and Quarrying industries. It is the eminent manufacturer of Mining Drilling Rigs, Construction Drilling Rigs and Mining and Quarrying Drilling Rigs thus has focused on making the Drilling work easier. It products include C650 D, C850 D/E, C750 D/E, C615 D, C625 D, etc. Manufacturing of Drill Equipment is the only segment of the company.

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