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Vadivarhe Speciality Chemicals (NSE:VSCL) Receivables Turnover : 3.60 (As of Sep. 2023)


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What is Vadivarhe Speciality Chemicals 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. Vadivarhe Speciality Chemicals's Revenue for the six months ended in Sep. 2023 was ₹141.0 Mil. Vadivarhe Speciality Chemicals's average Accounts Receivable for the six months ended in Sep. 2023 was ₹39.2 Mil. Hence, Vadivarhe Speciality Chemicals's Receivables Turnover for the six months ended in Sep. 2023 was 3.60.


Vadivarhe Speciality Chemicals Receivables Turnover Historical Data

The historical data trend for Vadivarhe Speciality Chemicals'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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Vadivarhe Speciality Chemicals Receivables Turnover Chart

Vadivarhe Speciality Chemicals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 2.74 3.06 3.85 11.21

Vadivarhe Speciality Chemicals Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.44 3.56 8.05 4.93 3.60

Competitive Comparison of Vadivarhe Speciality Chemicals's Receivables Turnover

For the Specialty Chemicals subindustry, Vadivarhe Speciality Chemicals'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.


Vadivarhe Speciality Chemicals's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vadivarhe Speciality Chemicals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vadivarhe Speciality Chemicals's Receivables Turnover falls into.



Vadivarhe Speciality Chemicals Receivables Turnover Calculation

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

Vadivarhe Speciality Chemicals's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=436.787 / ((20.234 + 57.716) / 2 )
=436.787 / 38.975
=11.21

Vadivarhe Speciality Chemicals's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=140.991 / ((57.716 + 20.601) / 2 )
=140.991 / 39.1585
=3.60

* 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.


Vadivarhe Speciality Chemicals  (NSE:VSCL) 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.


Vadivarhe Speciality Chemicals Receivables Turnover Related Terms

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Vadivarhe Speciality Chemicals (NSE:VSCL) Business Description

Traded in Other Exchanges
N/A
Address
Gat No. 204, Vadivarhe, Igatpuri, Nashik, MH, IND, 422403
Vadivarhe Speciality Chemicals Ltd is a company that engages in organic chemicals for a variety of uses. The company manufactures specialty chemicals, and active ingredients for pharmaceutical and intermediate, and personal care use. Its product range comprises Intermediates, Ingredients for Personal and Hair Care Products, and Speciality Chemicals for API manufacturers.

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