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Lloyds Enterprises (BOM:512463) Receivables Turnover : 2.19 (As of Mar. 2024)


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What is Lloyds Enterprises 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. Lloyds Enterprises's Revenue for the three months ended in Mar. 2024 was ₹3,337 Mil. Lloyds Enterprises's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,524 Mil. Hence, Lloyds Enterprises's Receivables Turnover for the three months ended in Mar. 2024 was 2.19.


Lloyds Enterprises Receivables Turnover Historical Data

The historical data trend for Lloyds Enterprises'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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Lloyds Enterprises Receivables Turnover Chart

Lloyds Enterprises 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 0.95 1.35 4.47 15.31 10.00

Lloyds Enterprises 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 6.14 3.85 4.22 9.16 2.19

Competitive Comparison of Lloyds Enterprises's Receivables Turnover

For the Steel subindustry, Lloyds Enterprises'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.


Lloyds Enterprises's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lloyds Enterprises's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lloyds Enterprises's Receivables Turnover falls into.



Lloyds Enterprises Receivables Turnover Calculation

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

Lloyds Enterprises'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 )
=9584.374 / ((393.189 + 1523.528) / 2 )
=9584.374 / 958.3585
=10.00

Lloyds Enterprises'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 )
=3337.025 / ((0 + 1523.528) / 1 )
=3337.025 / 1523.528
=2.19

* 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.


Lloyds Enterprises  (BOM:512463) 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.


Lloyds Enterprises Receivables Turnover Related Terms

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Lloyds Enterprises (BOM:512463) Business Description

Traded in Other Exchanges
N/A
Address
Pandurang Budhkar Marg, A2, 2nd Floor, Madhu Estate, Lower Parel, Mumbai, MH, IND, 400013
Lloyds Enterprises Ltd Formerly Shree Global Tradefin Ltd is engaged in the trading of iron and steel. The Business of the Company includes carrying on the business of importers, exporters, and dealers in iron and steel, alloy steel scrap, steel tubes, pipes, and wires. Geographically, the company operates only in India.

Lloyds Enterprises (BOM:512463) Headlines

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