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Uravi T & Wedge Lamps (NSE:URAVI) Receivables Turnover : 1.49 (As of Sep. 2023)


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What is Uravi T & Wedge Lamps 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. Uravi T & Wedge Lamps's Revenue for the six months ended in Sep. 2023 was ₹193.8 Mil. Uravi T & Wedge Lamps's average Accounts Receivable for the six months ended in Sep. 2023 was ₹130.2 Mil. Hence, Uravi T & Wedge Lamps's Receivables Turnover for the six months ended in Sep. 2023 was 1.49.


Uravi T & Wedge Lamps Receivables Turnover Historical Data

The historical data trend for Uravi T & Wedge Lamps'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.

Uravi T & Wedge Lamps Receivables Turnover Chart

Uravi T & Wedge Lamps 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 3.52 3.06 2.20 2.55 2.89

Uravi T & Wedge Lamps Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 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 1.24 1.27 1.35 1.22 1.49

Competitive Comparison of Uravi T & Wedge Lamps's Receivables Turnover

For the Auto Parts subindustry, Uravi T & Wedge Lamps'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.


Uravi T & Wedge Lamps's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Uravi T & Wedge Lamps's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Uravi T & Wedge Lamps's Receivables Turnover falls into.



Uravi T & Wedge Lamps Receivables Turnover Calculation

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

Uravi T & Wedge Lamps'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 )
=337.417 / ((122.619 + 111.276) / 2 )
=337.417 / 116.9475
=2.89

Uravi T & Wedge Lamps'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 )
=193.846 / ((111.276 + 149.181) / 2 )
=193.846 / 130.2285
=1.49

* 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.


Uravi T & Wedge Lamps  (NSE:URAVI) 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.


Uravi T & Wedge Lamps Receivables Turnover Related Terms

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Uravi T & Wedge Lamps (NSE:URAVI) Business Description

Traded in Other Exchanges
Address
L.B.S. Marg, Shop Number 329, Avior, Nirmal Galaxy, Mulund (West), Mumbai, MH, IND, 400080
Uravi T & Wedge Lamps Ltd is an Indian firm engaged in the manufacturing and distribution of automotive lamps and instrument cluster lighting for two-wheelers, four-wheelers, tractors, and Industrial applications for various Indian automobile manufacturers. The company's products offering includes Incandescent Head Lamps, Stop, Tail, and Indicators (Signaling Lamps), Wedge Base Lamps, Halogen Head Lamps, and others.

Uravi T & Wedge Lamps (NSE:URAVI) Headlines

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