MITCON Consultancy & Engineering Services (NSE:MITCON) Receivables Turnover : 0.58 (As of Dec. 2023)

MITCON Consultancy & Engineering Services Receivables Turnover Chart

MITCON Consultancy & Engineering Services Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Receivables Turnover		Get a 7-Day Free Trial					2.10	1.82	1.74	3.03	2.11

MITCON Consultancy & Engineering Services Quarterly Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.51	0.65	0.69	0.85	0.58

Competitive Comparison of MITCON Consultancy & Engineering Services's Receivables Turnover

For the Engineering & Construction subindustry, MITCON Consultancy & Engineering Services'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.

MITCON Consultancy & Engineering Services's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, MITCON Consultancy & Engineering Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MITCON Consultancy & Engineering Services's Receivables Turnover falls into.

MITCON Consultancy & Engineering Services Receivables Turnover Calculation

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

MITCON Consultancy & Engineering Services's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

MITCON Consultancy & Engineering Services's Receivables Turnover for the quarter that ended in Dec. 2023 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.

MITCON Consultancy & Engineering Services  (NSE:MITCON) 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.

MITCON Consultancy & Engineering Services Receivables Turnover Related Terms

Thank you for viewing the detailed overview of MITCON Consultancy & Engineering Services's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

MITCON Consultancy & Engineering Services (NSE:MITCON) Business Description