What is Everest Kanto Cylinder 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. Everest Kanto Cylinder's Revenue for the
three
months ended in Mar. 2024 was ₹3,258 Mil. Everest Kanto Cylinder's average Accounts Receivable for the
three
months ended in Mar. 2024 was ₹1,729 Mil.
Hence, Everest Kanto Cylinder's Receivables Turnover for the
three
months ended in Mar. 2024 was 1.88.
Everest Kanto Cylinder Receivables Turnover Historical Data
The historical data trend for Everest Kanto Cylinder'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.
Competitive Comparison of Everest Kanto Cylinder's Receivables Turnover
For the Specialty Industrial Machinery subindustry, Everest Kanto Cylinder'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.
Everest Kanto Cylinder's Receivables Turnover Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Everest Kanto Cylinder's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Everest Kanto Cylinder's Receivables Turnover falls into.
* 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.
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.
Everest Kanto Cylinder Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Everest Kanto Cylinder's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Everest Kanto Cylinder (NSE:EKC) Business Description
Everest Kanto Cylinder Ltd manufactures and fabricates metal products, except machinery and equipment. The firm is also engaged in the manufacture of high-pressure seamless gas cylinders and other cylinders, equipment, appliances, and tanks with their parts and accessories used for containing and storage of liquefied petroleum gases and other gases, liquids, and air. Its products include Industrial Cylinders, Billet Cylinder, Plate Cylinder, compressed natural gas (CNG) Cylinders, Breathing Air Cylinder, Medical Cylinders, Beverage Cylinders, and Accumulators. The company also offers a range of allied products, such as Cylinder Valves, Valve Protection Guards; Protection Caps, Trolleys, Medical Equipment, seamless cylinders for fire-fighting. Most of its revenue comes from India.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:EKC has been successfully added to your 