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Ceigall India (NSE:CEIGALL) Receivables Turnover : 7.62 (As of Mar. 2024)


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What is Ceigall India 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. Ceigall India's Revenue for the three months ended in Mar. 2024 was ₹28,426 Mil. Ceigall India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹3,731 Mil. Hence, Ceigall India's Receivables Turnover for the three months ended in Mar. 2024 was 7.62.

Ceigall India Receivables Turnover Historical Data

The historical data trend for Ceigall India'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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Ceigall India Receivables Turnover Chart

Ceigall India Annual Data
Trend Mar22 Mar23 Mar24
Receivables Turnover
11.65 9.78 7.62

Ceigall India Quarterly Data
Mar22 Mar23 Mar24
Receivables Turnover 11.65 9.78 7.62

Competitive Comparison of Ceigall India's Receivables Turnover

For the Engineering & Construction subindustry, Ceigall India'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.

Ceigall India's Receivables Turnover Distribution in the Construction Industry

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

* The bar in red indicates where Ceigall India's Receivables Turnover falls into.


Ceigall India Receivables Turnover Calculation

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

Ceigall India'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 )
=28425.55 / ((3163.36 + 4297.9) / 2 )
=28425.55 / 3730.63
=7.62

Ceigall India'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 )
=28425.55 / ((3163.36 + 4297.9) / 2 )
=28425.55 / 3730.63
=7.62

* 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.

Ceigall India  (NSE:CEIGALL) 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.

Ceigall India Receivables Turnover Related Terms

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Ceigall India Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ceigall India Ltd (NSE:CEIGALL) » Definitions » Receivables Turnover
Comparable Companies
Traded in Other Exchanges
544223:India
Address
National Highway-48, JMK Towers, 2nd Floor, Kapashera, Delhi, IND, 110 037
Website
https://www.ceigall.com
Ceigall India Ltd is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways, and runways. Currently, The company has 15 ongoing projects, including 11 EPC projects and four HAM projects which include elevated corridors, bridges, flyovers, rail overbridges, tunnels, expressways, runways, and multi-lane highways.

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