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Hindustan Copper (BOM:513599) Receivables Turnover : 12.52 (As of Dec. 2023)


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What is Hindustan Copper 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. Hindustan Copper's Revenue for the three months ended in Dec. 2023 was ₹3,993 Mil. Hindustan Copper's average Accounts Receivable for the three months ended in Dec. 2023 was ₹319 Mil. Hence, Hindustan Copper's Receivables Turnover for the three months ended in Dec. 2023 was 12.52.


Hindustan Copper Receivables Turnover Historical Data

The historical data trend for Hindustan Copper'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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Hindustan Copper Receivables Turnover Chart

Hindustan Copper 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 7.93 3.63 14.06 14.63 22.77

Hindustan Copper 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 14.94 8.28 5.61 11.96 12.52

Competitive Comparison of Hindustan Copper's Receivables Turnover

For the Copper subindustry, Hindustan Copper'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.


Hindustan Copper's Receivables Turnover Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hindustan Copper's Receivables Turnover falls into.



Hindustan Copper Receivables Turnover Calculation

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

Hindustan Copper'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 )
=16651.354 / ((800.998 + 661.462) / 2 )
=16651.354 / 731.23
=22.77

Hindustan Copper'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 )
=3992.9 / ((318.8 + 0) / 1 )
=3992.9 / 318.8
=12.52

* 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.


Hindustan Copper  (BOM:513599) 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.


Hindustan Copper Receivables Turnover Related Terms

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Hindustan Copper (BOM:513599) Business Description

Traded in Other Exchanges
Address
1, Ashutosh Chowdhury Avenue, Tamara Bhavan, Kolkata, WB, IND, 700 019
Hindustan Copper Ltd is a copper production company. It is engaged in the exploration, exploitation, and mining of copper and copper ore including beneficiation of minerals, smelting, and refining. Geographically, it operates only in India. The company product portfolio includes Continuous cast copper wire rods, copper cathodes, Copper sulphate, sulphuric acid, Anode slime, and others. The company is primarily engaged in the business of manufacturing and sale of copper products.

Hindustan Copper (BOM:513599) Headlines

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