DCX System (NSE:DCXINDIA) Receivables Turnover : 0.58 (As of Dec. 2024)

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What is DCX System 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. DCX System's Revenue for the three months ended in Dec. 2024 was ₹2,000 Mil. DCX System's average Accounts Receivable for the three months ended in Dec. 2024 was ₹3,440 Mil. Hence, DCX System's Receivables Turnover for the three months ended in Dec. 2024 was 0.58.

DCX System Receivables Turnover Historical Data

The historical data trend for DCX System'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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DCX System Receivables Turnover Chart

DCX System Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

5.03

12.73

26.88

6.44

2.89

DCX System Quarterly Data
	Mar20	Mar21	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial										0.93	1.12	0.21	0.57	0.58

Competitive Comparison of DCX System's Receivables Turnover

For the Aerospace & Defense subindustry, DCX System'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.

DCX System's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, DCX System's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where DCX System's Receivables Turnover falls into.

DCX System Receivables Turnover Calculation

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

DCX System'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 )
=	14235.83	/ (	(3195.32	+	6670.71)	/	2 )
=	14235.83	/	4933.015
=	2.89

DCX System's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	2000.1	/ (	(3439.91	+	0)	/	1 )
=	2000.1	/	3439.91
=	0.58

DCX System (NSE:DCXINDIA) 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.

DCX System Receivables Turnover Related Terms

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DCX System Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » DCX System Ltd (NSE:DCXINDIA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

543650:India

Address

Aerospace SEZ Sector, Plot Numbers 29, 30 and 107, Hitech Defence and Aerospace Park, Kavadadasanahal Village, Devanahalli Taluk, Bengaluru Rural, KA, IND, 562110

Website

https://www.dcxindia.com

DCX System Ltd is an Indian Defence and aerospace company that manufactures electronic sub-systems and cable harnesses. The company provides a spectrum of services to Aerospace, Land and naval Defence systems, Satellites, and Civil Aviation. The company's robust business structure is divided into three main segments: Manufacturing, System Integration, and Others.

DCX System Headlines

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