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Jupiter Wagons (NSE:JWL) Receivables Turnover : 1.93 (As of Sep. 2024)


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What is Jupiter Wagons 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. Jupiter Wagons's Revenue for the three months ended in Sep. 2024 was ₹10,090 Mil. Jupiter Wagons's average Accounts Receivable for the three months ended in Sep. 2024 was ₹5,220 Mil. Hence, Jupiter Wagons's Receivables Turnover for the three months ended in Sep. 2024 was 1.93.


Jupiter Wagons Receivables Turnover Historical Data

The historical data trend for Jupiter Wagons'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.

* Premium members only.

Jupiter Wagons Receivables Turnover Chart

Jupiter Wagons 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 8.56 23.77 16.29 14.43 10.29

Jupiter Wagons Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.49 2.54 2.23 1.79 1.93

Competitive Comparison of Jupiter Wagons's Receivables Turnover

For the Railroads subindustry, Jupiter Wagons'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.


Jupiter Wagons's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jupiter Wagons's Receivables Turnover distribution charts can be found below:

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



Jupiter Wagons Receivables Turnover Calculation

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

Jupiter Wagons'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 )
=36237.757 / ((2132.706 + 4907.969) / 2 )
=36237.757 / 3520.3375
=10.29

Jupiter Wagons's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=10090.372 / ((0 + 5220.379) / 1 )
=10090.372 / 5220.379
=1.93

* 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.


Jupiter Wagons  (NSE:JWL) 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.


Jupiter Wagons Receivables Turnover Related Terms

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Jupiter Wagons Business Description

Traded in Other Exchanges
Address
4/2 Middleton Street, Kolkata, WB, IND, 700071
Jupiter Wagons Ltd is a manufacturer of railway wagons, passenger coaches, wagon components, and castings in India and is counted among the respected manufacturers of advanced railway transportation equipment across the world. Geographically, it generates the majority of its revenue from India.

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