Naman In-Store (India) (NSE:NAMAN) Receivables Turnover : 3.24 (As of Sep. 2023)

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What is Naman In-Store (India) 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. Naman In-Store (India)'s Revenue for the six months ended in Sep. 2023 was ₹792.2 Mil. Naman In-Store (India)'s average Accounts Receivable for the six months ended in Sep. 2023 was ₹244.5 Mil. Hence, Naman In-Store (India)'s Receivables Turnover for the six months ended in Sep. 2023 was 3.24.

Naman In-Store (India) Receivables Turnover Historical Data

The historical data trend for Naman In-Store (India)'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.

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Naman In-Store (India) Receivables Turnover Chart

Naman In-Store (India) Annual Data

Trend

Mar21

Mar22

Mar23

Receivables Turnover

2.97

9.37

10.25

Naman In-Store (India) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
Receivables Turnover	-	-	-	3.24

Competitive Comparison of Naman In-Store (India)'s Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Naman In-Store (India)'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.

Naman In-Store (India)'s Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Naman In-Store (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Naman In-Store (India)'s Receivables Turnover falls into.

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Naman In-Store (India) Receivables Turnover Calculation

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

Naman In-Store (India)'s Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	1498.457	/ (	(63.849	+	228.63)	/	2 )
=	1498.457	/	146.2395
=	10.25

Naman In-Store (India)'s Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	792.179	/ (	(228.63	+	260.397)	/	2 )
=	792.179	/	244.5135
=	3.24

Naman In-Store (India) (NSE:NAMAN) 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.

Naman In-Store (India) Receivables Turnover Related Terms

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Naman In-Store (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Naman In-Store (India) Ltd (NSE:NAMAN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

National Highway No. 48, Unit No. 04/47, Kantharia Industrial Estate, Survey No.: 90/3/2/B, Opposite Sopara Phata Police Station, At & Post-Pelhar, Taluka- Vasai, District-Palghar, Palghar, MH, IND, 401208

Website

https://www.namaninstore.com

Naman In-Store (India) Ltd is a display and retail furniture and fixture company with a broad spectrum of offerings and in-store solutions for various industries and retail stores. It manufacture modular furniture for offices, beauty stores, low-housing kitchens, educational institution as well as supermarket shelving solutions. It is engaged in single segment that is in the manufacturing of customized Retail Store fixtures and furniture in Wood, Metal, Plastic, Display fixtures & Furniture's, Indoor fixtures, Full Shops, CTU, CDU, POSM merchandising and others.

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