EMS (NSE:EMSLIMITED) Receivables Turnover : 2.33 (As of Mar. 2024)

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What is EMS 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. EMS's Revenue for the six months ended in Mar. 2024 was ₹4,448 Mil. EMS's average Accounts Receivable for the six months ended in Mar. 2024 was ₹1,912 Mil. Hence, EMS's Receivables Turnover for the six months ended in Mar. 2024 was 2.33.

EMS Receivables Turnover Historical Data

The historical data trend for EMS'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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EMS Receivables Turnover Chart

EMS Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

8.27

4.99

2.87

3.83

4.33

EMS Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	1.31	3.08	2.65	2.33

Competitive Comparison of EMS's Receivables Turnover

For the Engineering & Construction subindustry, EMS'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.

EMS's Receivables Turnover Distribution in the Construction Industry

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

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

EMS Receivables Turnover Calculation

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

EMS'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 )
=	7933.108	/ (	(1235.417	+	2426.189)	/	2 )
=	7933.108	/	1830.803
=	4.33

EMS'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 )
=	4448.186	/ (	(1398.378	+	2426.189)	/	2 )
=	4448.186	/	1912.2835
=	2.33

EMS (NSE:EMSLIMITED) 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.

EMS Receivables Turnover Related Terms

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EMS (NSE:EMSLIMITED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » EMS Ltd (NSE:EMSLIMITED) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

543983:India

Address

C-88, Raj Nagar District Centre, Second Floor, Raj Nagar, Ghaziabad, UP, IND, 201002

Website

https://www.ems.co.in

EMS Ltd is a multi-disciplinary Engineering, Procurement, and Construction company. It is engaged in the business of Sewerage contractors, Sewerage Treatment Plants (STP) Works, and Electricity transmission and distribution. The company is engaged in the business of providing turnkey services in water and wastewater collection, treatment and disposal, Gravity and Pressure Pipeline Networks, Reservoirs, and Pump houses along with complete Electro-Mechanical solutions.

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