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Diamines & Chemicals (BOM:500120) Receivables Turnover : 1.76 (As of Mar. 2024)


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What is Diamines & Chemicals 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. Diamines & Chemicals's Revenue for the three months ended in Mar. 2024 was ₹294 Mil. Diamines & Chemicals's average Accounts Receivable for the three months ended in Mar. 2024 was ₹167 Mil. Hence, Diamines & Chemicals's Receivables Turnover for the three months ended in Mar. 2024 was 1.76.


Diamines & Chemicals Receivables Turnover Historical Data

The historical data trend for Diamines & Chemicals'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.

Diamines & Chemicals Receivables Turnover Chart

Diamines & Chemicals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.72 6.78 6.72 5.26

Diamines & Chemicals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.56 1.38 1.38 1.59 1.76

Competitive Comparison of Diamines & Chemicals's Receivables Turnover

For the Chemicals subindustry, Diamines & Chemicals'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.


Diamines & Chemicals's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Diamines & Chemicals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Diamines & Chemicals's Receivables Turnover falls into.



Diamines & Chemicals Receivables Turnover Calculation

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

Diamines & Chemicals's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=1040.284 / ((228.913 + 166.959) / 2 )
=1040.284 / 197.936
=5.26

Diamines & Chemicals's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=293.771 / ((0 + 166.959) / 1 )
=293.771 / 166.959
=1.76

* 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.


Diamines & Chemicals  (BOM:500120) 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.


Diamines & Chemicals Receivables Turnover Related Terms

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Diamines & Chemicals (BOM:500120) Business Description

Traded in Other Exchanges
Address
Plot No. 13, PCC Area, P.O. Petrochemicals, Vadodara, GJ, IND, 391346
Diamines & Chemicals Ltd manufactures ethylene amines in India. The company is also engaged in power generation. The company operates in Speciality Chemicals as a reportable primary segment. The Company products are used in various industry segments, such as Active Pharmaceutical Ingredients and Pharma-Intermediates, Specialty Chemicals, Agrochemicals, Resins, Textile Auxiliaries, Water treatment chemicals, Petroleum production chemicals, Additives, and Others.

Diamines & Chemicals (BOM:500120) Headlines

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