Anlon Technology Solutions (NSE:ANLON) Receivables Turnover : 2.24 (As of Sep. 2023)

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What is Anlon Technology Solutions 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. Anlon Technology Solutions's Revenue for the six months ended in Sep. 2023 was ₹175.9 Mil. Anlon Technology Solutions's average Accounts Receivable for the six months ended in Sep. 2023 was ₹78.4 Mil. Hence, Anlon Technology Solutions's Receivables Turnover for the six months ended in Sep. 2023 was 2.24.

Anlon Technology Solutions Receivables Turnover Historical Data

The historical data trend for Anlon Technology Solutions'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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Anlon Technology Solutions Receivables Turnover Chart

Anlon Technology Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

3.86

3.55

3.89

5.49

Anlon Technology Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial			-	-	3.02	3.97	2.24

Competitive Comparison of Anlon Technology Solutions's Receivables Turnover

For the Engineering & Construction subindustry, Anlon Technology Solutions'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.

Anlon Technology Solutions's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anlon Technology Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Anlon Technology Solutions's Receivables Turnover falls into.

Anlon Technology Solutions Receivables Turnover Calculation

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

Anlon Technology Solutions'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 )
=	328.947	/ (	(54.093	+	65.827)	/	2 )
=	328.947	/	59.96
=	5.49

Anlon Technology Solutions'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 )
=	175.86	/ (	(65.827	+	90.97)	/	2 )
=	175.86	/	78.3985
=	2.24

Anlon Technology Solutions (NSE:ANLON) 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.

Anlon Technology Solutions Receivables Turnover Related Terms

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Anlon Technology Solutions (NSE:ANLON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anlon Technology Solutions Ltd (NSE:ANLON) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Apparel Park, Phase II, Plot No.22, Doddaballapur Integrated Textile Park SW-5, Industrial Area, Doddaballapur, KA, IND, 561203

Website

https://www.anlon.co

Anlon Technology Solutions Ltd is primarily engaged in the business of providing engineering services. The company has two reportable segments such as Engineering services and Designing, Fabrication, and Installation Services. It generates majority of its revenue from Engineering services segment. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries. It offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and fire fighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components.

Anlon Technology Solutions (NSE:ANLON) Headlines

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