Five Core Electronics (NSE:FIVECORE) Receivables Turnover: 1.77 (As of Dec. 2018)

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What is Five Core Electronics Receivables Turnover?

Five Core Electronics NSE:FIVECORE Receivables Turnover is 1.77 as of Dec. 2018.

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. Five Core Electronics's Revenue for the three months ended in Dec. 2018 was ₹1,018 Mil. Five Core Electronics's average Accounts Receivable for the three months ended in Dec. 2018 was ₹575 Mil. Hence, Five Core Electronics's Receivables Turnover for the three months ended in Dec. 2018 was 1.77.


Five Core Electronics  (NSE:FIVECORE) 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.


Five Core Electronics Receivables Turnover Related Terms


Five Core Electronics Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Five Core Electronics'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.

Five Core Electronics Receivables Turnover Chart

Five Core Electronics Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Receivables Turnover
Get a 7-Day Free Trial 31.27 33.42 83.99 39.08 23.38

Five Core Electronics Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.78 3.36 5.45 2.00 1.77

NSE:FIVECORE vs : Receivables Turnover Comparison

For the Consumer Electronics subindustry, Five Core Electronics'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.


Five Core Electronics Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Five Core Electronics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Five Core Electronics's Receivables Turnover falls into.



Five Core Electronics Receivables Turnover Calculation

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

Five Core Electronics's Receivables Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Receivables Turnover (A: Mar. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2018 ) / ((Accounts Receivable (A: Mar. 2017 ) + Accounts Receivable (A: Mar. 2018 )) / count )
=3297.308 / ((82.985 + 199.021) / 2 )
=3297.308 / 141.003
=23.38

Five Core Electronics's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

Receivables Turnover (Q: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2018 ) / ((Accounts Receivable (Q: Sep. 2018 ) + Accounts Receivable (Q: Dec. 2018 )) / count )
=1018.212 / ((574.851 + 0) / 1 )
=1018.212 / 574.851
=1.77

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.77 mean?
Five Core Electronics (NSE:FIVECORE) has a Receivables Turnover of 1.77 as of Dec. 2018. The accounts 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. View historical data on Five Core Electronics and its competitors.
Is Five Core Electronics' Receivables Turnover too high?
Five Core Electronics' current Receivables Turnover is 1.77. The Hardware industry median Receivables Turnover is 4.90. Five Core Electronics' value of 1.77 is 63.9% below this industry median.
How does Five Core Electronics' Receivables Turnover compare to ?
Five Core Electronics' Receivables Turnover of 1.77 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.90. Five Core Electronics' value of 1.77 is 63.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,469 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Five Core Electronics's current Receivables Turnover of 1.77 is 63.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Five Core Electronics and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Five Core Electronics's current Receivables Turnover is 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Five Core Electronics stock overvalued right now?
Five Core Electronics (NSE:FIVECORE) has a current Receivables Turnover of 1.77. The current Receivables Turnover is 1.77 and 63.9% below the Hardware industry median of 4.90. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Five Core Electronics (NSE:FIVECORE), the current Receivables Turnover is 1.77 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Five Core Electronics Business Description

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Address Uggarsain Market, Ashok Nagar, WZ-15B, Ground Floor, New Delhi, IND, 110018
Five Core Electronics Ltd is mainly engaged in Manufacturing and Trading of Electronics and Electricals items with their components. Its products portfolio includes Microphones, Speakers, Amplifiers, Mixers, Conference systems, Megaphones, Horns, Bass Tubes, Tweeters, Home Theaters, Car Speakers, Wall and Ceiling Speakers, TV and other electronics / electrical goods. The company exports its products to U.S.A, U.K, China, Hong Kong, Columbia, Singapore, Dubai, S.A, Saudi Arabia, Kuwait, Nepal, Egypt, Brazil, Argentina, Tanzania, Nigeria, and Bangladesh.