Lead Reclaim and Rubber Products (NSE:LRRPL) Receivables Turnover: 4.74 (As of Mar. 2024)

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NSE:LRRPL Lead Reclaim and Rubber Products Ltd NSE:LRRPL
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What is Lead Reclaim and Rubber Products Receivables Turnover?

Lead Reclaim and Rubber Products NSE:LRRPL -0.06% 14 Receivables Turnover is 4.74 as of Mar. 2024. GuruFocus rates NSE:LRRPL with a GF Score™ of 14/100.

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. Lead Reclaim and Rubber Products's Revenue for the six months ended in Mar. 2024 was ₹87.6 Mil. Lead Reclaim and Rubber Products's average Accounts Receivable for the six months ended in Mar. 2024 was ₹18.5 Mil. Hence, Lead Reclaim and Rubber Products's Receivables Turnover for the six months ended in Mar. 2024 was 4.74.


Lead Reclaim and Rubber Products  (NSE:LRRPL) 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.


Lead Reclaim and Rubber Products Receivables Turnover Related Terms


Lead Reclaim and Rubber Products Receivables Turnover Historical Data

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The historical data trend for Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products Receivables Turnover Chart

Lead Reclaim and Rubber Products Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
8.31 9.41 15.54 14.80 9.01

Lead Reclaim and Rubber Products Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Receivables Turnover Get a 7-Day Free Trial 0.00 10.22 5.76 4.61 4.74

NSE:LRRPL vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Lead Reclaim and Rubber Products'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.


Lead Reclaim and Rubber Products Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lead Reclaim and Rubber Products's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lead Reclaim and Rubber Products's Receivables Turnover falls into.


NSE:LRRPL
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Lead Reclaim and Rubber Products Ltd NSE:LRRPL
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Lead Reclaim and Rubber Products Receivables Turnover Calculation

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

Lead Reclaim and Rubber Products's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=137.8 / ((7.7 + 22.9) / 2 )
=137.8 / 15.3
=9.01

Lead Reclaim and Rubber Products's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=87.6 / ((14.1 + 22.9) / 2 )
=87.6 / 18.5
=4.74

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 4.74 mean?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a Receivables Turnover of 4.74 as of Mar. 2024. The accounts 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. View historical data on Lead Reclaim and Rubber Products and its competitors.
Is Lead Reclaim and Rubber Products' Receivables Turnover too high?
Lead Reclaim and Rubber Products' current Receivables Turnover is 4.74. The Chemicals industry median Receivables Turnover is 5.61. Lead Reclaim and Rubber Products' value of 4.74 is 15.4% below this industry median. Overall, Lead Reclaim and Rubber Products has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Lead Reclaim and Rubber Products' Receivables Turnover compare to LIN and SHW?
Lead Reclaim and Rubber Products' Receivables Turnover of 4.74 can be compared against companies in the Chemicals industry. The industry median Receivables Turnover is 5.61. Lead Reclaim and Rubber Products' value of 4.74 is 15.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.61, based on 1,578 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lead Reclaim and Rubber Products's current Receivables Turnover of 4.74 is 15.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Lead Reclaim and Rubber Products and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lead Reclaim and Rubber Products's current Receivables Turnover is 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lead Reclaim and Rubber Products stock overvalued right now?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a current Receivables Turnover of 4.74. The current Receivables Turnover is 4.74 and 15.4% below the Chemicals industry median of 5.61. Lead Reclaim and Rubber Products' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Lead Reclaim and Rubber Products (NSE:LRRPL), the current Receivables Turnover is 4.74 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lead Reclaim and Rubber Products Business Description

Address 856/4 Village Pethai Sarali Road, Kheda, GJ, IND, 387630
Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Some of its products include Whole Tyre Reclaim Rubbers, Butyl Tube Reclaim Rubber, and Natural Tube Reclaim Rubber.
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