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Dynemic Products (NSE:DYNPRO) Receivables Turnover : 1.40 (As of Jun. 2024)


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What is Dynemic Products 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. Dynemic Products's Revenue for the three months ended in Jun. 2024 was ₹787 Mil. Dynemic Products's average Accounts Receivable for the three months ended in Jun. 2024 was ₹561 Mil. Hence, Dynemic Products's Receivables Turnover for the three months ended in Jun. 2024 was 1.40.


Dynemic Products Receivables Turnover Historical Data

The historical data trend for Dynemic Products'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.

Dynemic Products Receivables Turnover Chart

Dynemic Products Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.78 5.50 5.49 5.90 5.24

Dynemic Products Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.31 1.44 1.58 1.39 1.40

Competitive Comparison of Dynemic Products's Receivables Turnover

For the Specialty Chemicals subindustry, Dynemic Products'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.


Dynemic Products's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dynemic Products's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dynemic Products's Receivables Turnover falls into.



Dynemic Products Receivables Turnover Calculation

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

Dynemic Products'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 )
=2797.158 / ((507.248 + 560.778) / 2 )
=2797.158 / 534.013
=5.24

Dynemic Products's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=786.874 / ((560.778 + 0) / 1 )
=786.874 / 560.778
=1.40

* 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.


Dynemic Products  (NSE:DYNPRO) 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.


Dynemic Products Receivables Turnover Related Terms

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Dynemic Products Business Description

Traded in Other Exchanges
Address
Sarkhej-Gandhinagar Highway Road, B-301, Satyamev Complex-1, Opposite New Gujarat High Court, Sola, Ahmedabad, GJ, IND, 380060
Dynemic Products Ltd is an India-based food color manufacturing company. It is engaged in manufacturing and exporting food colors, lake colors, blended colors, FD&C colors, dyes, and dyes intermediates, salt-free dyes, D&C colors, and natural food colors. The reporting segment of the company is the manufacturing and marketing of Dyes and Dyes Intermediates. The group operates in India, and internationally.

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