Jyoti Structures (BOM:513250) Receivables Turnover

: 0.04 (As of Sep. 2023)

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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. Jyoti Structures's Revenue for the three months ended in Sep. 2023 was ₹815 Mil. Jyoti Structures's average Accounts Receivable for the three months ended in Sep. 2023 was ₹19,882 Mil. Hence, Jyoti Structures's Receivables Turnover for the three months ended in Sep. 2023 was 0.04.

Jyoti Structures Receivables Turnover Historical Data

The historical data trend for Jyoti Structures'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.

Jyoti Structures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

0.08

0.01

0.12

Jyoti Structures Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Receivables Turnover																0.01	0.01	-	0.09	0.04

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Jyoti Structures'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.

Jyoti Structures Receivables Turnover Distribution

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

* The bar in red indicates where Jyoti Structures's Receivables Turnover falls into.

Jyoti Structures Receivables Turnover Calculation

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

Jyoti Structures'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 )
=	2278.331	/ (	(19004.392	+	19987.882)	/	2 )
=	2278.331	/	19496.137
=	0.12

Jyoti Structures'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: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	814.642	/ (	(0	+	19882.212)	/	1 )
=	814.642	/	19882.212
=	0.04

Jyoti Structures (BOM:513250) 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.

Jyoti Structures Receivables Turnover Related Terms

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Jyoti Structures (BOM:513250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jyoti Structures Ltd (BOM:513250) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

JYOTISTRUC:India

Address

New Link Road, 6th Floor, Valecha Chambers, Oshiwara, Andheri (West), Mumbai, MH, IND, 400053

Website

http://www.jyotistructures.in

Jyoti Structures Ltd is an engineering, procurement and construction (EPC) contracting company. It is engaged in power transmission and distribution networks wherein it manufactures and deals in various components/equipment's and constructs infrastructure related to power transmission. The company offers solutions in the areas of Transmission Line, Substations Switchyards, Rural Electrification and Solar Power.

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