Zim Laboratories (BOM:541400) Receivables Turnover : 1.18 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Zim Laboratories 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. Zim Laboratories's Revenue for the three months ended in Mar. 2024 was ₹1,179 Mil. Zim Laboratories's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,002 Mil. Hence, Zim Laboratories's Receivables Turnover for the three months ended in Mar. 2024 was 1.18.

Zim Laboratories Receivables Turnover Historical Data

The historical data trend for Zim Laboratories'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.

Zim Laboratories Receivables Turnover Chart

Zim Laboratories Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

3.25

4.20

4.09

4.31

3.76

Zim Laboratories 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															1.11	0.71	1.26	1.41	1.18

Competitive Comparison of Zim Laboratories's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Zim Laboratories'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.

Zim Laboratories's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zim Laboratories's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zim Laboratories's Receivables Turnover falls into.

Zim Laboratories Receivables Turnover Calculation

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

Zim Laboratories'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 )
=	3674.244	/ (	(952.487	+	1001.654)	/	2 )
=	3674.244	/	977.0705
=	3.76

Zim Laboratories'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 )
=	1178.628	/ (	(0	+	1001.654)	/	1 )
=	1178.628	/	1001.654
=	1.18

Zim Laboratories (BOM:541400) 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.

Zim Laboratories Receivables Turnover Related Terms

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

Zim Laboratories (BOM:541400) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Zim Laboratories Ltd (BOM:541400) » Definitions » Receivables Turnover

Traded in Other Exchanges

ZIMLAB:India

Address

Nelson Square, Chhindwara Road, Sadoday Gyan, Ground Floor, Opposite NADT, Nagpur, MH, IND, 440 013

Website

https://www.zimlab.in

Zim Laboratories Ltd is a pharmaceutical company. It is mainly engaged in the manufacturing of formulation drugs and pre-formulation ingredients. Geographically, the group has a business presence in India and other countries, of which key revenue is derived from Outside India. The products offered by the company are Ondansetron, Tadalafil, Vitamin D3, Levocetirizine, Methylcobalamin, and others. The majority of its revenue gets derived from the sale of pharmaceutical goods.

Zim Laboratories (BOM:541400) Headlines

No Headlines