CFF Fluid Control (BOM:543920) Receivables Turnover : 1.72 (As of Mar. 2024)

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What is CFF Fluid Control 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. CFF Fluid Control's Revenue for the six months ended in Mar. 2024 was ₹474 Mil. CFF Fluid Control's average Accounts Receivable for the six months ended in Mar. 2024 was ₹275 Mil. Hence, CFF Fluid Control's Receivables Turnover for the six months ended in Mar. 2024 was 1.72.

CFF Fluid Control Receivables Turnover Historical Data

The historical data trend for CFF Fluid Control'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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CFF Fluid Control Receivables Turnover Chart

CFF Fluid Control Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

8.89

2.85

4.76

5.38

12.11

CFF Fluid Control Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	2.96	-	1.29	1.72

Competitive Comparison of CFF Fluid Control's Receivables Turnover

For the Aerospace & Defense subindustry, CFF Fluid Control'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.

CFF Fluid Control's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CFF Fluid Control's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CFF Fluid Control's Receivables Turnover falls into.

CFF Fluid Control Receivables Turnover Calculation

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

CFF Fluid Control'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 )
=	1068.591	/ (	(0	+	88.23)	/	1 )
=	1068.591	/	88.23
=	12.11

CFF Fluid Control'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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	474.053	/ (	(462.471	+	88.23)	/	2 )
=	474.053	/	275.3505
=	1.72

CFF Fluid Control (BOM:543920) 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.

CFF Fluid Control Receivables Turnover Related Terms

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CFF Fluid Control (BOM:543920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CFF Fluid Control Ltd (BOM:543920) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

503, Delphi, A Wing, Orchard Avenue, Hiranandani Business Park, Powai, Mumbai, MH, IND, 400076

Website

https://www.cffdefensys.com

CFF Fluid Control Ltd is primarily in the business of manufacturing and servicing shipboard machinery, critical component systems and test facilities for submarines & surface ships for The Indian Navy. The company also design, manufacture and service Mechanical equipment and systems for industries like Nuclear and Clean Energy.

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