Texmo Pipes & Products (NSE:TEXMOPIPES) Receivables Turnover : 1.88 (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Texmo Pipes & Products 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. Texmo Pipes & Products's Revenue for the three months ended in Dec. 2024 was ₹1,098 Mil. Texmo Pipes & Products's average Accounts Receivable for the three months ended in Dec. 2024 was ₹584 Mil. Hence, Texmo Pipes & Products's Receivables Turnover for the three months ended in Dec. 2024 was 1.88.

Texmo Pipes & Products Receivables Turnover Historical Data

The historical data trend for Texmo Pipes & 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.

* Premium members only.

Texmo Pipes & Products Receivables Turnover Chart

Texmo Pipes & Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

6.20

9.65

12.67

12.64

8.78

Texmo Pipes & Products Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.84	1.30	1.69	1.10	1.88

Competitive Comparison of Texmo Pipes & Products's Receivables Turnover

For the Building Products & Equipment subindustry, Texmo Pipes & 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.

Texmo Pipes & Products's Receivables Turnover Distribution in the Construction Industry

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

* The bar in red indicates where Texmo Pipes & Products's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Texmo Pipes & Products Receivables Turnover Calculation

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

Texmo Pipes & Products'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 )
=	5342.196	/ (	(561.446	+	654.959)	/	2 )
=	5342.196	/	608.2025
=	8.78

Texmo Pipes & Products'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 )
=	1098.406	/ (	(584.167	+	0)	/	1 )
=	1098.406	/	584.167
=	1.88

Texmo Pipes & Products (NSE:TEXMOPIPES) 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.

Texmo Pipes & Products Receivables Turnover Related Terms

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

Texmo Pipes & Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Texmo Pipes & Products Ltd (NSE:TEXMOPIPES) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

533164:India

Address

98, Bahadarpur Road, Post Box No. 35, Burhanpur, MP, IND, 450331

Website

https://texmopipe.com

Texmo Pipes & Products Ltd is a pipe and fittings manufacturing company based in India. The company's primary products include plastic products. Its product portfolio comprises SWR pipes and fittings, CPVC pipes, conduit pipes, drip inline, moulded fittings of PVC, plumbing pipes, and fittings, sprinkler fittings, casing pipes for tubewell, and others. PVC pipes serve as the revenue driver amongst the other products of the company. The group caters its products to government, and private sectors within India and abroad.

Texmo Pipes & Products Headlines

No Headlines