Aesthetik Engineers (NSE:AESTHETIK) Receivables Turnover : 9.95 (As of Mar. 2024)

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What is Aesthetik Engineers 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. Aesthetik Engineers's Revenue for the six months ended in Mar. 2024 was ₹607.2 Mil. Aesthetik Engineers's average Accounts Receivable for the six months ended in Mar. 2024 was ₹61.0 Mil. Hence, Aesthetik Engineers's Receivables Turnover for the six months ended in Mar. 2024 was 9.95.

Aesthetik Engineers Receivables Turnover Historical Data

The historical data trend for Aesthetik Engineers'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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Aesthetik Engineers Receivables Turnover Chart

Aesthetik Engineers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

3.46

4.72

5.63

9.95

Aesthetik Engineers Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Receivables Turnover	3.46	4.72	5.63	9.95

Competitive Comparison of Aesthetik Engineers's Receivables Turnover

For the Engineering & Construction subindustry, Aesthetik Engineers'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.

Aesthetik Engineers's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aesthetik Engineers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aesthetik Engineers's Receivables Turnover falls into.

Aesthetik Engineers Receivables Turnover Calculation

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

Aesthetik Engineers'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 )
=	607.203	/ (	(72.339	+	49.724)	/	2 )
=	607.203	/	61.0315
=	9.95

Aesthetik Engineers'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 )
=	607.203	/ (	(72.339	+	49.724)	/	2 )
=	607.203	/	61.0315
=	9.95

Aesthetik Engineers (NSE:AESTHETIK) 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.

Aesthetik Engineers Receivables Turnover Related Terms

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Aesthetik Engineers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aesthetik Engineers Ltd (NSE:AESTHETIK) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajdanga Main Road, 1858/1, 5th Floor, Unit 503-505, Acropolis Mall, Kasba, Kolkata, WB, IND, 700107

Website

https://www.aesthetik.in

Aesthetik Engineers Ltd is engaged in the design, engineering, fabrication, and installation of facade systems. Its portfolio includes Building facades, Aluminium Doors, and Windows, Railing and Staircase, and Glassfibre Reinforced Concrete (GFRC). The company offers various products and services to meet the demands of its customers who belong to various industries such as Hospitality, Residential, Commercial, and Infrastructure Projects. It executes end-to-end solutions of its offerings i.e., from designing of facade to the installation of the facade at the site.

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