Urban Enviro Waste Management (NSE:URBAN) Receivables Turnover : 2.58 (As of Sep. 2024)

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What is Urban Enviro Waste Management 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. Urban Enviro Waste Management's Revenue for the six months ended in Sep. 2024 was ₹719 Mil. Urban Enviro Waste Management's average Accounts Receivable for the six months ended in Sep. 2024 was ₹279 Mil. Hence, Urban Enviro Waste Management's Receivables Turnover for the six months ended in Sep. 2024 was 2.58.

Urban Enviro Waste Management Receivables Turnover Historical Data

The historical data trend for Urban Enviro Waste Management'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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Urban Enviro Waste Management Receivables Turnover Chart

Urban Enviro Waste Management Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

7.10

8.63

7.95

6.54

6.65

Urban Enviro Waste Management Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial			4.91	2.70	4.55	3.35	2.58

Competitive Comparison of Urban Enviro Waste Management's Receivables Turnover

For the Waste Management subindustry, Urban Enviro Waste Management'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.

Urban Enviro Waste Management's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Urban Enviro Waste Management's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Urban Enviro Waste Management's Receivables Turnover falls into.

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Urban Enviro Waste Management Receivables Turnover Calculation

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

Urban Enviro Waste Management'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 )
=	1024.724	/ (	(88.852	+	219.565)	/	2 )
=	1024.724	/	154.2085
=	6.65

Urban Enviro Waste Management's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	719.398	/ (	(219.565	+	338.889)	/	2 )
=	719.398	/	279.227
=	2.58

Urban Enviro Waste Management (NSE:URBAN) 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.

Urban Enviro Waste Management Receivables Turnover Related Terms

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Urban Enviro Waste Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Urban Enviro Waste Management Ltd (NSE:URBAN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flat/Plot No. 401/127, Sarkar Apartment, Shankar Nagar, Nagpur, MH, IND, 440010

Website

http://www.urbanenviroltd.com

Urban Enviro Waste Management Ltd is engaged in the Indian MSW (Municipal Solid Waste) management industry providing MSW services which include solid waste collection, transportation, segregation of waste, and processing and disposal services across the cities in Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, and Chattisgarh catering to local municipalities. The company helps to maintain cleanliness and sanitation in urban areas The company mainly operates in one segment which comprises waste management including Municipal Solid Waste, Biomedical, Industrial, slaughterhouse waste, and agricultural waste.

Urban Enviro Waste Management Headlines

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