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KEI Industries (NSE:KEI) Receivables Turnover : 1.52 (As of Sep. 2024)


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What is KEI Industries 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. KEI Industries's Revenue for the three months ended in Sep. 2024 was ₹22,796 Mil. KEI Industries's average Accounts Receivable for the three months ended in Sep. 2024 was ₹14,951 Mil. Hence, KEI Industries's Receivables Turnover for the three months ended in Sep. 2024 was 1.52.


KEI Industries Receivables Turnover Historical Data

The historical data trend for KEI Industries'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.

KEI Industries Receivables Turnover Chart

KEI Industries 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 3.95 3.04 4.14 4.92 5.53

KEI Industries 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 1.51 1.61 1.48 1.36 1.52

Competitive Comparison of KEI Industries's Receivables Turnover

For the Electrical Equipment & Parts subindustry, KEI Industries'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.


KEI Industries's Receivables Turnover Distribution in the Industrial Products Industry

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

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



KEI Industries Receivables Turnover Calculation

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

KEI Industries'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 )
=80379.49 / ((13877.86 + 15178.73) / 2 )
=80379.49 / 14528.295
=5.53

KEI Industries'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 )
=22796.48 / ((0 + 14950.73) / 1 )
=22796.48 / 14950.73
=1.52

* 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.


KEI Industries  (NSE:KEI) 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.


KEI Industries Receivables Turnover Related Terms

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KEI Industries Business Description

Traded in Other Exchanges
Address
D-90, Okhla Industrial Area, Phase-I, New Delhi, IND, 110 020
KEI Industries Ltd is engaged in the manufacture and supply of power and other industrial cables. Its segments include the Wires and Cables Segment, Stainless Steel Wires Segment, Turnkey Projects/Engineering, Procurement and Construction (EPC) Projects Segment. The company generates maximum revenue from the Wires and Cables segment. Its Wires and Cables segment consists of extra high voltage (EHV), high tension (HT), and low tension (LT) power cables, control and instrumentation cables, winding wires, and flexible and house wires.

KEI Industries Headlines

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