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Mukat Pipes (BOM:523832) Receivables Turnover : 412.12 (As of Mar. 2024)


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What is Mukat Pipes 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. Mukat Pipes's Revenue for the three months ended in Mar. 2024 was ₹20.61 Mil. Mukat Pipes's average Accounts Receivable for the three months ended in Mar. 2024 was ₹0.05 Mil. Hence, Mukat Pipes's Receivables Turnover for the three months ended in Mar. 2024 was 412.12.


Mukat Pipes Receivables Turnover Historical Data

The historical data trend for Mukat Pipes'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.

Mukat Pipes Receivables Turnover Chart

Mukat Pipes 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 91.46 393.19 2,110.93 - 1,259.40

Mukat Pipes 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 - - 509.17 715.79 412.12

Competitive Comparison of Mukat Pipes's Receivables Turnover

For the Steel subindustry, Mukat Pipes'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.


Mukat Pipes's Receivables Turnover Distribution in the Steel Industry

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

* The bar in red indicates where Mukat Pipes's Receivables Turnover falls into.



Mukat Pipes Receivables Turnover Calculation

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

Mukat Pipes'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 )
=62.97 / ((0 + 0.05) / 1 )
=62.97 / 0.05
=1,259.40

Mukat Pipes'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 )
=20.606 / ((0 + 0.05) / 1 )
=20.606 / 0.05
=412.12

* 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.


Mukat Pipes  (BOM:523832) 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.


Mukat Pipes Receivables Turnover Related Terms

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Mukat Pipes (BOM:523832) Business Description

Traded in Other Exchanges
N/A
Address
J.P. Road, Versova, Flat Number 39, Parag Apartments, 7th Floor, Andheri (West), Mumbai, MH, IND, 400061
Mukat Pipes Ltd is an India-based company that operates in the business of pipes. The company is involved in the manufacturing of Longitudinal and helical pipes. The product offered by the company includes MS shells for Infrastructure, Longitudinal Submerged Arc Welded (SAW) pipes; Spiral SAW pipes; Site pipe fabrication, and Penstock pipes. Geographically, the group operates in India.

Mukat Pipes (BOM:523832) Headlines

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