GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Century Extrusions Ltd (BOM:500083) » Definitions » Receivables Turnover

Century Extrusions (BOM:500083) Receivables Turnover : 2.37 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Century Extrusions 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. Century Extrusions's Revenue for the three months ended in Dec. 2023 was ₹954 Mil. Century Extrusions's average Accounts Receivable for the three months ended in Dec. 2023 was ₹402 Mil. Hence, Century Extrusions's Receivables Turnover for the three months ended in Dec. 2023 was 2.37.


Century Extrusions Receivables Turnover Historical Data

The historical data trend for Century Extrusions'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.

Century Extrusions Receivables Turnover Chart

Century Extrusions 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 8.87 8.59 7.50 9.16 9.27

Century Extrusions 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 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 Premium Member Only 2.30 2.34 2.68 2.38 2.37

Competitive Comparison of Century Extrusions's Receivables Turnover

For the Aluminum subindustry, Century Extrusions'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.


Century Extrusions's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Century Extrusions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Century Extrusions's Receivables Turnover falls into.



Century Extrusions Receivables Turnover Calculation

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

Century Extrusions'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 )
=3720.1 / ((460.3 + 341.9) / 2 )
=3720.1 / 401.1
=9.27

Century Extrusions'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 )
=954.4 / ((402.3 + 0) / 1 )
=954.4 / 402.3
=2.37

* 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.


Century Extrusions  (BOM:500083) 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.


Century Extrusions Receivables Turnover Related Terms

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


Century Extrusions (BOM:500083) Business Description

Traded in Other Exchanges
Address
113, Park Street, N Block, 2nd Floor, Kolkata, WB, IND, 700016
Century Extrusions Ltd is a manufacturer of aluminum extruded products. The company operates through two business segments namely the Manufacturing of Aluminium extruded products, and the Manufacturing of Power transmission and distribution line hardware products. The extruded products of the company are used for various applications, such as profiles for architectural, hardware, road transport - vehicles, railways, electrical and electronic applications, engineering applications, the automotive sector, consumer durables, defense, and irrigation. In addition, the company also supplies extruded and cold-drawn wires in coil form to be used as armor rods, detonator shell stock, lamp pin stock, metalizing wire, rivet stock, and welding filler wire.

Century Extrusions (BOM:500083) Headlines

No Headlines