Valiant Laboratories (NSE:VALIANTLAB) Receivables Turnover : 0.75 (As of Sep. 2024)

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What is Valiant Laboratories 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. Valiant Laboratories's Revenue for the three months ended in Sep. 2024 was ₹215 Mil. Valiant Laboratories's average Accounts Receivable for the three months ended in Sep. 2024 was ₹285 Mil. Hence, Valiant Laboratories's Receivables Turnover for the three months ended in Sep. 2024 was 0.75.

Valiant Laboratories Receivables Turnover Historical Data

The historical data trend for Valiant Laboratories'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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Valiant Laboratories Receivables Turnover Chart

Valiant Laboratories Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

4.29

3.80

3.35

2.71

Valiant Laboratories Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial						0.85	0.58	0.67	0.41	0.75

Competitive Comparison of Valiant Laboratories's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Valiant Laboratories'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.

Valiant Laboratories's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Valiant Laboratories's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Valiant Laboratories's Receivables Turnover falls into.

Valiant Laboratories Receivables Turnover Calculation

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

Valiant Laboratories'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 )
=	1820.572	/ (	(885.68	+	457.272)	/	2 )
=	1820.572	/	671.476
=	2.71

Valiant Laboratories'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: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	214.79	/ (	(0	+	285.477)	/	1 )
=	214.79	/	285.477
=	0.75

Valiant Laboratories (NSE:VALIANTLAB) 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.

Valiant Laboratories Receivables Turnover Related Terms

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Valiant Laboratories Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Valiant Laboratories Ltd (NSE:VALIANTLAB) » Definitions » Receivables Turnover

Traded in Other Exchanges

543998:India

Address

Mulund Goregaon Link Road, 104, Udyog Kshetra, Mulund, MH, IND, 400080

Website

https://www.valiantlabs.in

Valiant Laboratories Ltd is an Active Pharmaceutical Ingredient (API)/Bulk Drug manufacturing company with having focus on manufacturing Paracetamol. Paracetamol is one of the widely used analgesics globally and is recommended as the first-line therapy in pain conditions by the World Health Organization. Paracetamol has several applications such as usage in the treatment of headaches, muscle aches, arthritis, backaches, toothaches, colds, and fever. It manufactures Paracetamol in various grades such as IP/BP/EP/USP, as per the pharmacopeia requirements of its customers.

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