Ducol Organics And Colours (NSE:DUCOL) Receivables Turnover : 2.97 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ducol Organics And Colours 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. Ducol Organics And Colours's Revenue for the six months ended in Mar. 2024 was ₹378.3 Mil. Ducol Organics And Colours's average Accounts Receivable for the six months ended in Mar. 2024 was ₹127.5 Mil. Hence, Ducol Organics And Colours's Receivables Turnover for the six months ended in Mar. 2024 was 2.97.

Ducol Organics And Colours Receivables Turnover Historical Data

The historical data trend for Ducol Organics And Colours'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.

* Premium members only.

Ducol Organics And Colours Receivables Turnover Chart

Ducol Organics And Colours Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

7.24

7.84

6.19

6.77

6.80

Ducol Organics And Colours Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	3.26	4.55	3.23	2.97

Competitive Comparison of Ducol Organics And Colours's Receivables Turnover

For the Specialty Chemicals subindustry, Ducol Organics And Colours'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.

Ducol Organics And Colours's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ducol Organics And Colours's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ducol Organics And Colours's Receivables Turnover falls into.

Ducol Organics And Colours Receivables Turnover Calculation

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

Ducol Organics And Colours'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 )
=	754.05	/ (	(99.747	+	121.993)	/	2 )
=	754.05	/	110.87
=	6.80

Ducol Organics And Colours'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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	378.314	/ (	(133.077	+	121.993)	/	2 )
=	378.314	/	127.535
=	2.97

Ducol Organics And Colours (NSE:DUCOL) 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.

Ducol Organics And Colours Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Ducol Organics And Colours's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ducol Organics And Colours (NSE:DUCOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ducol Organics And Colours Ltd (NSE:DUCOL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 22/2, Taloja, Taluka Panvel, Raigad, MH, IND

Website

https://www.ducol.com

Ducol Organics And Colours Ltd is engaged in the business of manufacturing and selling pigment dispersions, preparations, concentrates, paste colorants, and masterbatches. The company offers a range of pigment dispersions for various industries like Paints, Inks, Textiles, Detergent, Paper, Rubber, and Plastics. color solutions for various industries like paints, ink, textiles, rubber, plastic, leather, paper, soaps, detergents, and FMCG.

Ducol Organics And Colours (NSE:DUCOL) Headlines

No Headlines