GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Atlas Honda Ltd (KAR:ATLH) » Definitions » Receivables Turnover

Atlas Honda (KAR:ATLH) Receivables Turnover : 23.67 (As of Dec. 2024)


View and export this data going back to 1965. Start your Free Trial

What is Atlas Honda 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. Atlas Honda's Revenue for the three months ended in Dec. 2024 was ₨53,911 Mil. Atlas Honda's average Accounts Receivable for the three months ended in Dec. 2024 was ₨2,277 Mil. Hence, Atlas Honda's Receivables Turnover for the three months ended in Dec. 2024 was 23.67.


Atlas Honda Receivables Turnover Historical Data

The historical data trend for Atlas Honda'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.

* Premium members only.

Atlas Honda Receivables Turnover Chart

Atlas Honda Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.85 80.45 100.38 140.82 175.11

Atlas Honda 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.60 28.77 30.54 22.40 23.67

Competitive Comparison of Atlas Honda's Receivables Turnover

For the Auto Manufacturers subindustry, Atlas Honda'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.


Atlas Honda's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atlas Honda's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Atlas Honda's Receivables Turnover falls into.


;
;

Atlas Honda Receivables Turnover Calculation

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

Atlas Honda'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 )
=159292.229 / ((797.382 + 1021.954) / 2 )
=159292.229 / 909.668
=175.11

Atlas Honda'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 )
=53910.836 / ((1980.983 + 2573.925) / 2 )
=53910.836 / 2277.454
=23.67

* 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.


Atlas Honda  (KAR:ATLH) 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.


Atlas Honda Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Atlas Honda's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Honda Business Description

Traded in Other Exchanges
N/A
Address
1 Mcleod Road, Lahore, PB, PAK, 54000
Atlas Honda Ltd is an auto part and vehicle manufacturer in Pakistan. The company manufactures and markets motorcycles and spare parts through a network of dealers in collaboration with the Honda Motor Company. The company also manufactures various components in-house in collaboration.

Atlas Honda Headlines

No Headlines