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Twamev Construction & Infrastructure (NSE:TICL) Receivables Turnover : 0.73 (As of Dec. 2024)


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What is Twamev Construction & Infrastructure 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. Twamev Construction & Infrastructure's Revenue for the three months ended in Dec. 2024 was ₹150.7 Mil. Twamev Construction & Infrastructure's average Accounts Receivable for the three months ended in Dec. 2024 was ₹206.6 Mil. Hence, Twamev Construction & Infrastructure's Receivables Turnover for the three months ended in Dec. 2024 was 0.73.


Twamev Construction & Infrastructure Receivables Turnover Historical Data

The historical data trend for Twamev Construction & Infrastructure'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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Twamev Construction & Infrastructure Receivables Turnover Chart

Twamev Construction & Infrastructure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 2.97 2.88 2.78 2.06

Twamev Construction & Infrastructure Quarterly Data
Mar19 Jun19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.35 0.87 0.53 0.73

Competitive Comparison of Twamev Construction & Infrastructure's Receivables Turnover

For the Engineering & Construction subindustry, Twamev Construction & Infrastructure'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.


Twamev Construction & Infrastructure's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Twamev Construction & Infrastructure's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Twamev Construction & Infrastructure's Receivables Turnover falls into.


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Twamev Construction & Infrastructure Receivables Turnover Calculation

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

Twamev Construction & Infrastructure'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 )
=530.5 / ((256.2 + 259.5) / 2 )
=530.5 / 257.85
=2.06

Twamev Construction & Infrastructure'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 )
=150.7 / ((206.6 + 0) / 1 )
=150.7 / 206.6
=0.73

* 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.


Twamev Construction & Infrastructure  (NSE:TICL) 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.


Twamev Construction & Infrastructure Receivables Turnover Related Terms

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Twamev Construction & Infrastructure Business Description

Traded in Other Exchanges
Address
DD-30, Sector-1, 7th Floor, Salt Lake City, Kolkata, WB, IND, 700 064
Twamev Construction & Infrastructure Ltd formerly Tantia Constructions Ltd is a civil infrastructure solutions providers in India. The company's core infrastructure segments are railways, roads, urban development, infrastructure and industrial fabrication, power, marine and aviation. Geographically, it derives a majority of revenue from India.

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