Royal Ceramics Lanka (COL:RCL.N0000) Receivables Turnover : 2.37 (As of Dec. 2024)

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What is Royal Ceramics Lanka 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. Royal Ceramics Lanka's Revenue for the three months ended in Dec. 2024 was රු17,741 Mil. Royal Ceramics Lanka's average Accounts Receivable for the three months ended in Dec. 2024 was රු7,493 Mil. Hence, Royal Ceramics Lanka's Receivables Turnover for the three months ended in Dec. 2024 was 2.37.

Royal Ceramics Lanka Receivables Turnover Historical Data

The historical data trend for Royal Ceramics Lanka'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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Royal Ceramics Lanka Receivables Turnover Chart

Royal Ceramics Lanka Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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8.19

12.03

12.67

11.92

11.29

Royal Ceramics Lanka Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.91	2.05	2.09	2.11	2.37

Competitive Comparison of Royal Ceramics Lanka's Receivables Turnover

For the Building Products & Equipment subindustry, Royal Ceramics Lanka'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.

Royal Ceramics Lanka's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Royal Ceramics Lanka's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Royal Ceramics Lanka's Receivables Turnover falls into.

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Royal Ceramics Lanka Receivables Turnover Calculation

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

Royal Ceramics Lanka'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 )
=	61192.057	/ (	(5762.201	+	5074.633)	/	2 )
=	61192.057	/	5418.417
=	11.29

Royal Ceramics Lanka'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 )
=	17740.88	/ (	(7843.12	+	7141.948)	/	2 )
=	17740.88	/	7492.534
=	2.37

Royal Ceramics Lanka (COL:RCL.N0000) 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.

Royal Ceramics Lanka Receivables Turnover Related Terms

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Royal Ceramics Lanka Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Royal Ceramics Lanka PLC (COL:RCL.N0000) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No. 20, R.A. De Mel Mawatha, Colombo, LKA, 03

Website

https://www.rocell.com

Royal Ceramics Lanka PLC is engaged in the manufacture and marketing of porcelain and ceramic tiles, wall tiles, floor tiles along with sanitary ware and the holding of investments. The group is organized into business units based on its products and services and has six reportable segments, as follows: Tiles and Associated Items, Packaging, Sanitary Ware, Finance, Aluminum Products, and Others. It generates maximum revenue from the Tiles and Associated Items segment. Geographically, it derives a majority of its revenue from Sri Lanka.

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