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Texmaco Rail & Engineering (NSE:TEXRAIL) Receivables Turnover : 0.99 (As of Mar. 2025)


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What is Texmaco Rail & Engineering 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. Texmaco Rail & Engineering's Revenue for the three months ended in Mar. 2025 was ₹13,464 Mil. Texmaco Rail & Engineering's average Accounts Receivable for the three months ended in Mar. 2025 was ₹13,666 Mil. Hence, Texmaco Rail & Engineering's Receivables Turnover for the three months ended in Mar. 2025 was 0.99.


Texmaco Rail & Engineering Receivables Turnover Historical Data

The historical data trend for Texmaco Rail & Engineering'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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Texmaco Rail & Engineering Receivables Turnover Chart

Texmaco Rail & Engineering Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 2.71 3.28 4.20 4.54

Texmaco Rail & Engineering Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.30 1.01 1.33 1.31 0.99

Competitive Comparison of Texmaco Rail & Engineering's Receivables Turnover

For the Railroads subindustry, Texmaco Rail & Engineering'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.


Texmaco Rail & Engineering's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Texmaco Rail & Engineering's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Texmaco Rail & Engineering's Receivables Turnover falls into.


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Texmaco Rail & Engineering Receivables Turnover Calculation

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

Texmaco Rail & Engineering's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=51065.719 / ((8816.813 + 13665.677) / 2 )
=51065.719 / 11241.245
=4.54

Texmaco Rail & Engineering's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=13463.553 / ((0 + 13665.677) / 1 )
=13463.553 / 13665.677
=0.99

* 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.


Texmaco Rail & Engineering  (NSE:TEXRAIL) 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.


Texmaco Rail & Engineering Receivables Turnover Related Terms

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Texmaco Rail & Engineering Business Description

Traded in Other Exchanges
Address
Belgharia, 24 Paragnas (North), Kolkata, WB, IND, 700 056
Texmaco Rail & Engineering Ltd is engaged in the manufacturing, selling, and providing services for Rail and Rail related products. It manufactures and supplies different types of rail wagons, and various components such as brake levers, snow plows, loco components, draw bars, bogie frames, etc. The company also provides services related to railway infrastructure and operates a steel foundry that produces various steel castings and products for the railway industry. Its business segments are; Heavy Engineering Division; Steel Foundry Division; and Rail EPC. The maximum revenue is derived from its Freight Car Division which manufactures and supplies railway freight cars, loco components, loco shells, and steel castings. Geographically, the company derives revenue predominantly from India.

Texmaco Rail & Engineering Headlines

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