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Goldiam International (NSE:GOLDIAM) Receivables Turnover : 2.37 (As of Dec. 2024)


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What is Goldiam International 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. Goldiam International's Revenue for the three months ended in Dec. 2024 was ₹2,796 Mil. Goldiam International's average Accounts Receivable for the three months ended in Dec. 2024 was ₹1,179 Mil. Hence, Goldiam International's Receivables Turnover for the three months ended in Dec. 2024 was 2.37.


Goldiam International Receivables Turnover Historical Data

The historical data trend for Goldiam International'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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Goldiam International Receivables Turnover Chart

Goldiam International 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 7.01 3.55 4.47 3.27 4.16

Goldiam International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.65 1.04 1.16 1.16 2.37

Competitive Comparison of Goldiam International's Receivables Turnover

For the Luxury Goods subindustry, Goldiam International'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.


Goldiam International's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldiam International's Receivables Turnover distribution charts can be found below:

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


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Goldiam International Receivables Turnover Calculation

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

Goldiam International'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 )
=6028.698 / ((1473.205 + 1426.75) / 2 )
=6028.698 / 1449.9775
=4.16

Goldiam International's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=2796.26 / ((1178.508 + 0) / 1 )
=2796.26 / 1178.508
=2.37

* 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.


Goldiam International  (NSE:GOLDIAM) 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.


Goldiam International Receivables Turnover Related Terms

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Goldiam International Business Description

Traded in Other Exchanges
Address
Gems & Jewellery Complex, M.I.D.C, Santacruz Electronics Export Processing Zone, Andheri (East), Mumbai, MH, IND, 400096
Goldiam International Ltd is an Indian company operating as a manufacturer of diamond-studded gold, platinum, and silver jewelry. The principal business activities of the company are manufacturing and exporting gold and silver jewelry. It operates in two segments; Jewellery Manufacturing and Investment Activity. Its products include engagement rings, wedding bands, anniversary rings, bridal sets, fashion jewelry earrings and pendants, and fashion jewelry and necklaces and earrings. It generates the majority of its revenue from the Jewellery Manufacturing segment.

Goldiam International Headlines

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