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Chartered Logistics (BOM:531977) Receivables Turnover : 0.59 (As of Dec. 2023)


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What is Chartered Logistics 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. Chartered Logistics's Revenue for the three months ended in Dec. 2023 was ₹162.5 Mil. Chartered Logistics's average Accounts Receivable for the three months ended in Dec. 2023 was ₹275.9 Mil. Hence, Chartered Logistics's Receivables Turnover for the three months ended in Dec. 2023 was 0.59.


Chartered Logistics Receivables Turnover Historical Data

The historical data trend for Chartered Logistics'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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Chartered Logistics Receivables Turnover Chart

Chartered Logistics 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 2.57 3.06 3.32 3.65 2.58

Chartered Logistics 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 0.62 0.67 0.59 0.60 0.59

Competitive Comparison of Chartered Logistics's Receivables Turnover

For the Trucking subindustry, Chartered Logistics'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.


Chartered Logistics's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chartered Logistics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chartered Logistics's Receivables Turnover falls into.



Chartered Logistics Receivables Turnover Calculation

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

Chartered Logistics'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 )
=848.74 / ((336.499 + 321.386) / 2 )
=848.74 / 328.9425
=2.58

Chartered Logistics'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 )
=162.542 / ((275.858 + 0) / 1 )
=162.542 / 275.858
=0.59

* 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.


Chartered Logistics  (BOM:531977) 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.


Chartered Logistics Receivables Turnover Related Terms

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Chartered Logistics (BOM:531977) Business Description

Traded in Other Exchanges
N/A
Address
Sindhubhavan Road, B/501, Stellar, Opposite Arista, Ahmedabad, GJ, IND, 380059
Chartered Logistics Ltd is a logistics company. Its service portfolio comprises road transport services, special warehousing services, cost, and freight services. The company's business activity falls within a single segment, Transport Services. In addition, the company provides supply chain expertise and logistics infrastructure. It serves a diverse range of markets including pharma, FMCG, cement, heavy metals and tubes, power transmission, petroleum, and chemicals.

Chartered Logistics (BOM:531977) Headlines

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