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Treet Battery (KAR:TBL) Receivables Turnover : 6.16 (As of Mar. 2024)


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What is Treet Battery 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. Treet Battery's Revenue for the three months ended in Mar. 2024 was ₨2,384 Mil. Treet Battery's average Accounts Receivable for the three months ended in Mar. 2024 was ₨387 Mil. Hence, Treet Battery's Receivables Turnover for the three months ended in Mar. 2024 was 6.16.

Treet Battery Receivables Turnover Historical Data

The historical data trend for Treet Battery'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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Treet Battery Receivables Turnover Chart

Treet Battery Annual Data
Trend
Receivables Turnover

Treet Battery Quarterly Data
Mar23 Mar24
Receivables Turnover - 6.16

Competitive Comparison of Treet Battery's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Treet Battery'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.

Treet Battery's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Treet Battery's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Treet Battery's Receivables Turnover falls into.


Treet Battery Receivables Turnover Calculation

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

Treet Battery's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

Receivables Turnover (A: . 20 )
=Revenue / Average Total Inventories
=Revenue (A: . 20 ) / ((Accounts Receivable (A: . 20 ) + Accounts Receivable (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Treet Battery's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2383.924 / ((0 + 387.308) / 1 )
=2383.924 / 387.308
=6.16

* 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.

Treet Battery  (KAR:TBL) 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.

Treet Battery Receivables Turnover Related Terms

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Treet Battery (KAR:TBL) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Treet Battery Ltd (KAR:TBL) » Definitions » Receivables Turnover
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Traded in Other Exchanges
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Address
Website
https://www.treetcorp.com
Treet Battery Ltd is a company which carries out business as manufacturers, assemblers, processors, producers, suppliers, sellers, importers, exporters, makers, fabricators and dealers in all batteries including but not limited to lead acid batteries, deep cycle batteries, lithium batteries, nickel cadmimum batteries, nickel metal hydride batteries, absorbed glass mat batteries, Gel batteries used in or required for industrial, transport, commercial and domestic and any other purpose.

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