Uravi T & Wedge Lamps (NSE:URAVI) Receivables Turnover

: 1.35 (As of Sep. 2022)

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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. Uravi T & Wedge Lamps's Revenue for the six months ended in Sep. 2022 was ₹180.9 Mil. Uravi T & Wedge Lamps's average Accounts Receivable for the six months ended in Sep. 2022 was ₹133.5 Mil. Hence, Uravi T & Wedge Lamps's Receivables Turnover for the six months ended in Sep. 2022 was 1.35.

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.

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Uravi T & Wedge Lamps Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Receivables Turnover

3.86

3.52

3.06

2.20

2.56

Uravi T & Wedge Lamps Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Receivables Turnover												0.77	1.47	1.24	1.27	1.35

Competitive Comparison

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.

Annual Data Quarterly Data

Uravi T & Wedge Lamps Receivables Turnover Distribution

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 in comparison to its industry or sector. The grey bar indicates the Receivables Turnover's extreme value range as defined by GuruFocus.

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. 2022 is calculated as

	Receivables Turnover (A: Mar. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2022 )	/ (	(Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )
=	313.586	/ (	(122.596	+	122.619)	/	2 )
=	313.586	/	122.6075
=	2.56

Uravi T & Wedge Lamps's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

	Receivables Turnover (Q: Sep. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2022 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Sep. 2022 ))	/	count )
=	180.897	/ (	(122.619	+	144.455)	/	2 )
=	180.897	/	133.537
=	1.35

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

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Uravi T & Wedge Lamps Ltd (NSE:URAVI) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

L.B.S. Marg, Shop Number 329, Avior, Nirmal Galaxy, Mulund (West), Mumbai, MH, IND, 400080

Website

https://www.uravilamps.com

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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