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Yug Decor (BOM:540550) Receivables Turnover : 1.21 (As of Sep. 2023)


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What is Yug Decor 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. Yug Decor's Revenue for the six months ended in Sep. 2023 was ₹139.8 Mil. Yug Decor's average Accounts Receivable for the six months ended in Sep. 2023 was ₹115.7 Mil. Hence, Yug Decor's Receivables Turnover for the six months ended in Sep. 2023 was 1.21.


Yug Decor Receivables Turnover Historical Data

The historical data trend for Yug Decor'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.

Yug Decor Receivables Turnover Chart

Yug Decor 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 2.35 2.27 1.90 2.47 2.84

Yug Decor Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.07 1.42 1.39 1.36 1.21

Competitive Comparison of Yug Decor's Receivables Turnover

For the Specialty Chemicals subindustry, Yug Decor'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.


Yug Decor's Receivables Turnover Distribution in the Chemicals Industry

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

* The bar in red indicates where Yug Decor's Receivables Turnover falls into.



Yug Decor Receivables Turnover Calculation

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

Yug Decor'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 )
=311.839 / ((106.78 + 112.578) / 2 )
=311.839 / 109.679
=2.84

Yug Decor's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=139.761 / ((112.578 + 118.774) / 2 )
=139.761 / 115.676
=1.21

* 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.


Yug Decor  (BOM:540550) 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.


Yug Decor Receivables Turnover Related Terms

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Yug Decor (BOM:540550) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 709-714, Sakar- V, Behind Old Natraj Cinema, Ahmedabad, GJ, IND, 380009
Yug Decor Ltd manufactures different kinds of adhesives and sealants. The product portfolio of the company includes Synthetic Binders, Synthetic Resin Adhesives, Footwear Adhesives, Natural Rubber Adhesives under the brand YUG-COL. It operates in India as well as exports its products outside the country.

Yug Decor (BOM:540550) Headlines

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