JNK India (NSE:JNKINDIA) Receivables Turnover : 0.38 (As of Dec. 2024)

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What is JNK India 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. JNK India's Revenue for the three months ended in Dec. 2024 was ₹935 Mil. JNK India's average Accounts Receivable for the three months ended in Dec. 2024 was ₹2,468 Mil. Hence, JNK India's Receivables Turnover for the three months ended in Dec. 2024 was 0.38.

JNK India Receivables Turnover Historical Data

The historical data trend for JNK India'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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JNK India Receivables Turnover Chart

JNK India Annual Data

Trend

Mar21

Mar22

Mar23

Receivables Turnover

2.55

3.61

3.63

JNK India Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial				-	-	-	0.42	0.38

Competitive Comparison of JNK India's Receivables Turnover

For the Specialty Industrial Machinery subindustry, JNK India'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.

JNK India's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JNK India's Receivables Turnover distribution charts can be found below:

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

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JNK India Receivables Turnover Calculation

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

JNK India's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	4073.02	/ (	(1100.1	+	1143.5)	/	2 )
=	4073.02	/	1121.8
=	3.63

JNK India'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 )
=	935.19	/ (	(2467.85	+	0)	/	1 )
=	935.19	/	2467.85
=	0.38

JNK India (NSE:JNKINDIA) 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.

JNK India Receivables Turnover Related Terms

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JNK India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JNK India Ltd (NSE:JNKINDIA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

544167:India

Address

Unit No. 203, 204, 205 & 206, Opposite TMC Office Centrum IT Park, Near Satkar Hotel, Thane -West, Thane, Mumbai, MH, IND, 400 604

Website

https://www.jnkindia.com

JNK India Ltd is in the business of manufacturing the process fired heaters, reformers and cracking furnaces (together, the Heating Equipment) that are required in process industries such as for oil and gas refineries, petrochemical and fertilizer industries. It has capabilities in thermal designing, engineering, manufacturing, supplying, installing and commissioning process fired heaters, reformers and cracking furnaces.

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