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Tirupati Graphite (LSE:TGR) Receivables Turnover : 17.68 (As of Sep. 2023)


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What is Tirupati Graphite 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. Tirupati Graphite's Revenue for the six months ended in Sep. 2023 was £12.89 Mil. Tirupati Graphite's average Accounts Receivable for the six months ended in Sep. 2023 was £0.73 Mil. Hence, Tirupati Graphite's Receivables Turnover for the six months ended in Sep. 2023 was 17.68.

Tirupati Graphite Receivables Turnover Historical Data

The historical data trend for Tirupati Graphite'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.

Tirupati Graphite Receivables Turnover Chart

Tirupati Graphite Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial 3.63 7.19 2.42 2.62 4.65

Tirupati Graphite Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 0.31 0.64 2.39 2.99 17.68

Competitive Comparison of Tirupati Graphite's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Tirupati Graphite'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.

Tirupati Graphite's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tirupati Graphite's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tirupati Graphite's Receivables Turnover falls into.


Tirupati Graphite Receivables Turnover Calculation

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

Tirupati Graphite'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 )
=2.89 / ((0.532 + 0.711) / 2 )
=2.89 / 0.6215
=4.65

Tirupati Graphite's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=12.891 / ((0.711 + 0.747) / 2 )
=12.891 / 0.729
=17.68

* 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.

Tirupati Graphite  (LSE:TGR) 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.

Tirupati Graphite Receivables Turnover Related Terms

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Tirupati Graphite Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tirupati Graphite PLC (LSE:TGR) » Definitions » Receivables Turnover
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Traded in Other Exchanges
TGRHF:USA 0WL:Germany
Address
118 Piccadilly, London, GBR, W1J 7NW
Website
https://www.tirupatigraphite.co.uk
Tirupati Graphite Plc is developing its business as a specialist flake graphite company and developing materials, which contributes to the green economy being critical to the energy transition goal. It operates in three primary business segments: Holding Companies Expenses, Mining Exploration and Development and Graphite Mining Extraction. The products and uses for which it is employed include lithiumion batteries, fuel cells, two-dimensional graphene, water purification, electronics, fibre optics, spintronics, refractories, electrical products, electric vehicles, flame retardants, solid-state high-temperature lubricant, conductive polymers and friction materials. The company is focused on developing the Vatomina Project and the Sahamamy Project.