La Opala RG (NSE:LAOPALA) Receivables Turnover : 1.82 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is La Opala RG 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. La Opala RG's Revenue for the three months ended in Dec. 2024 was ₹913 Mil. La Opala RG's average Accounts Receivable for the three months ended in Dec. 2024 was ₹503 Mil. Hence, La Opala RG's Receivables Turnover for the three months ended in Dec. 2024 was 1.82.

La Opala RG Receivables Turnover Historical Data

The historical data trend for La Opala RG'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.

La Opala RG Receivables Turnover Chart

La Opala RG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

5.81

5.15

9.12

13.10

11.94

La Opala RG 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															2.69	3.26	2.97	1.80	1.82

Competitive Comparison of La Opala RG's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, La Opala RG'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.

La Opala RG's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, La Opala RG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where La Opala RG's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

La Opala RG Receivables Turnover Calculation

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

La Opala RG'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 )
=	3626.746	/ (	(362.283	+	245.461)	/	2 )
=	3626.746	/	303.872
=	11.94

La Opala RG'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 )
=	912.959	/ (	(502.775	+	0)	/	1 )
=	912.959	/	502.775
=	1.82

La Opala RG (NSE:LAOPALA) 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.

La Opala RG Receivables Turnover Related Terms

Thank you for viewing the detailed overview of La Opala RG's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

La Opala RG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La Opala RG Ltd (NSE:LAOPALA) » Definitions » Receivables Turnover

Traded in Other Exchanges

526947:India

Address

EM-4, Sector - V, Premises No. 803 and 804, Eco Centre, 8th Floor, Kolkata, WB, IND, 700 091

Website

https://www.laopala.in

La Opala RG Ltd is a manufacturer and marketer of lifestyle products in the glassware segment. Geographically, it derives a majority of its revenue from India. It generates maximum revenue from Glass and Glassware Products. The company brands include Laopala, Diva, and Solitaire. It deals with glass and glassware products such as plates, bowls, dinner sets, cup-saucer sets, coffee mugs, pudding and dessert sets, and crystalware products comprising barware, vases, bowls, stemware, and others.

La Opala RG Headlines

No Headlines