Gandhi Special Tubes (BOM:513108) Receivables Turnover : 1.77 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Gandhi Special Tubes 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. Gandhi Special Tubes's Revenue for the three months ended in Dec. 2023 was ₹412 Mil. Gandhi Special Tubes's average Accounts Receivable for the three months ended in Dec. 2023 was ₹232 Mil. Hence, Gandhi Special Tubes's Receivables Turnover for the three months ended in Dec. 2023 was 1.77.

Gandhi Special Tubes Receivables Turnover Historical Data

The historical data trend for Gandhi Special Tubes'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.

Gandhi Special Tubes Receivables Turnover Chart

Gandhi Special Tubes Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

6.79

5.16

5.49

6.29

9.41

Gandhi Special Tubes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.28	1.67	2.58	1.89	1.77

Competitive Comparison of Gandhi Special Tubes's Receivables Turnover

For the Metal Fabrication subindustry, Gandhi Special Tubes'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.

Gandhi Special Tubes's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gandhi Special Tubes's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gandhi Special Tubes's Receivables Turnover falls into.

Gandhi Special Tubes Receivables Turnover Calculation

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

Gandhi Special Tubes'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 )
=	1627.203	/ (	(166.891	+	178.866)	/	2 )
=	1627.203	/	172.8785
=	9.41

Gandhi Special Tubes's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	412.467	/ (	(232.474	+	0)	/	1 )
=	412.467	/	232.474
=	1.77

Gandhi Special Tubes (BOM:513108) 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.

Gandhi Special Tubes Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Gandhi Special Tubes's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Gandhi Special Tubes (BOM:513108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gandhi Special Tubes Ltd (BOM:513108) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

GANDHITUBE:India

Address

55 Hughes Road, Next to Dharam Palace, 201-204, Plaza, 2nd Floor, Mumbai, MH, IND, 400007

Website

https://www.gandhispecialtubes.com

Gandhi Special Tubes Ltd manufactures and markets welded and seamless steel tubes of different sizes and specifications, and cold-formed coupling nuts. The company is involved in manufacturing automobile components, cold-formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products include Welded Tubes, Seamless Tubes, Wind Power, and Cold Formed Nuts. Products of the firm are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, refrigerator manufacturers, and other engineering industries. It also operates in the power sector through windmills installed in Maharashtra and Gujarat.

Gandhi Special Tubes (BOM:513108) Headlines

No Headlines