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Honeywell Automation India (BOM:517174) Receivables Turnover : 1.03 (As of Mar. 2024)


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What is Honeywell Automation India 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. Honeywell Automation India's Revenue for the three months ended in Mar. 2024 was ₹9,507 Mil. Honeywell Automation India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹9,261 Mil. Hence, Honeywell Automation India's Receivables Turnover for the three months ended in Mar. 2024 was 1.03.


Honeywell Automation India Receivables Turnover Historical Data

The historical data trend for Honeywell Automation India'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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Honeywell Automation India Receivables Turnover Chart

Honeywell Automation India 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 4.79 3.62 3.68 4.28 4.35

Honeywell Automation India 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 0.91 0.99 1.10 1.07 1.03

Competitive Comparison of Honeywell Automation India's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Honeywell Automation India'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.


Honeywell Automation India's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Honeywell Automation India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Honeywell Automation India's Receivables Turnover falls into.



Honeywell Automation India Receivables Turnover Calculation

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

Honeywell Automation India'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 )
=40582 / ((9377.6 + 9261) / 2 )
=40582 / 9319.3
=4.35

Honeywell Automation India'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 )
=9507 / ((0 + 9261) / 1 )
=9507 / 9261
=1.03

* 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.


Honeywell Automation India  (BOM:517174) 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.


Honeywell Automation India Receivables Turnover Related Terms

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Honeywell Automation India (BOM:517174) Business Description

Traded in Other Exchanges
Address
56 and 57, Hadapsar Industrial Estate, Pune, MH, IND, 411 013
Honeywell Automation India Ltd provides automation and control systems in India and internationally. The company offers distributed control systems, transmitters, programmable logic controllers, emergency shutdown systems, quality controls systems, advanced software solutions, industrial Internet of things solutions, and comprehensive life cycle services. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, integrated security systems, and integrated building management systems.

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