Raghav Productivity Enhancers (BOM:539837) Receivables Turnover : 0.97 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Raghav Productivity Enhancers 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. Raghav Productivity Enhancers's Revenue for the three months ended in Mar. 2024 was ₹385 Mil. Raghav Productivity Enhancers's average Accounts Receivable for the three months ended in Mar. 2024 was ₹397 Mil. Hence, Raghav Productivity Enhancers's Receivables Turnover for the three months ended in Mar. 2024 was 0.97.

Raghav Productivity Enhancers Receivables Turnover Historical Data

The historical data trend for Raghav Productivity Enhancers'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.

Raghav Productivity Enhancers Receivables Turnover Chart

Raghav Productivity Enhancers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

3.59

3.30

3.66

3.77

3.46

Raghav Productivity Enhancers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.80	0.93	0.87	0.85	0.97

Competitive Comparison of Raghav Productivity Enhancers's Receivables Turnover

For the Chemicals subindustry, Raghav Productivity Enhancers'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.

Raghav Productivity Enhancers's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Raghav Productivity Enhancers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Raghav Productivity Enhancers's Receivables Turnover falls into.

Raghav Productivity Enhancers Receivables Turnover Calculation

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

Raghav Productivity Enhancers'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 )
=	1327.657	/ (	(369.438	+	397.446)	/	2 )
=	1327.657	/	383.442
=	3.46

Raghav Productivity Enhancers'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 )
=	385.284	/ (	(0	+	397.446)	/	1 )
=	385.284	/	397.446
=	0.97

Raghav Productivity Enhancers (BOM:539837) 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.

Raghav Productivity Enhancers Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Raghav Productivity Enhancers's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Raghav Productivity Enhancers (BOM:539837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Raghav Productivity Enhancers Ltd (BOM:539837) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Alankar Plaza A-10, Central Spine, Office No. 36, 4th Floor, Vidhyadhar Nagar, Jaipur, RJ, IND, 302023

Website

https://www.rammingmass.com

Raghav Productivity Enhancers Ltd is engaged in the business of manufacturing trading of Ramming Mass and other Quartz related items. Its operating segment is Ramming Mass. Some of its products include Acidic Premix Ramming Mass; White Ramming Mass; Premixed Ramming Mass; Silica Ramming Mixes; White Premix Ramming Mass; Magnesite Ramming Mass; Casting Powder; Tundish Board and others. The company sells its products in India and also exports them to other countries.

Raghav Productivity Enhancers (BOM:539837) Headlines

No Headlines