Alpex Solar (NSE:ALPEXSOLAR) Receivables Turnover : 0.00 (As of Sep. 2023)

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What is Alpex Solar 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. Alpex Solar's Revenue for the three months ended in Sep. 2023 was ₹0 Mil. Alpex Solar's average Accounts Receivable for the three months ended in Sep. 2023 was ₹285 Mil.

Alpex Solar Receivables Turnover Historical Data

The historical data trend for Alpex Solar'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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Alpex Solar Receivables Turnover Chart

Alpex Solar Annual Data

Trend

Mar21

Mar22

Mar23

Receivables Turnover

10.46

10.67

10.96

Alpex Solar Quarterly Data
	Mar21	Mar22	Mar23	Sep23
Receivables Turnover	-	-	-	-

Competitive Comparison of Alpex Solar's Receivables Turnover

For the Solar subindustry, Alpex Solar'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.

Alpex Solar's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpex Solar's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alpex Solar's Receivables Turnover falls into.

Alpex Solar Receivables Turnover Calculation

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

Alpex Solar'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 )
=	1946.802	/ (	(168.257	+	187.044)	/	2 )
=	1946.802	/	177.6505
=	10.96

Alpex Solar'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 )
=	0	/ (	(187.044	+	382.229)	/	2 )
=	0	/	284.6365
=	N/A

Alpex Solar (NSE:ALPEXSOLAR) 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.

Alpex Solar Receivables Turnover Related Terms

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Alpex Solar (NSE:ALPEXSOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Alpex Solar Ltd (NSE:ALPEXSOLAR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. Company portfolio of solar energy products consists of bifacial, mono perc, Halfcut solar PV modules and also provide integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.

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