Latteys Industries (NSE:LATTEYS) Receivables Turnover : 4.32 (As of Mar. 2024)

Latteys Industries Receivables Turnover Chart

Latteys Industries Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover		Get a 7-Day Free Trial					3.67	4.48	6.15	5.08	4.32

Latteys Industries Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover	Get a 7-Day Free Trial						3.67	4.48	6.15	5.08	4.32

Competitive Comparison of Latteys Industries's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Latteys 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.

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

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

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

Latteys Industries Receivables Turnover Calculation

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

Latteys Industries's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Latteys Industries's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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.

Latteys Industries  (NSE:LATTEYS) 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.

Latteys Industries Receivables Turnover Related Terms

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Latteys Industries Business Description