Allcargo Logistics (NSE:ALLCARGO) Receivables Turnover : 1.53 (As of Mar. 2024)

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What is Allcargo 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. Allcargo Logistics's Revenue for the three months ended in Mar. 2024 was ₹33,983 Mil. Allcargo Logistics's average Accounts Receivable for the three months ended in Mar. 2024 was ₹22,277 Mil. Hence, Allcargo Logistics's Receivables Turnover for the three months ended in Mar. 2024 was 1.53.

Allcargo Logistics Receivables Turnover Historical Data

The historical data trend for Allcargo 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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Allcargo Logistics Receivables Turnover Chart

Allcargo Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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7.02

6.31

7.26

7.06

6.18

Allcargo Logistics 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															1.67	1.60	1.68	1.63	1.53

Competitive Comparison of Allcargo Logistics's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Allcargo 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.

Allcargo Logistics's Receivables Turnover Distribution in the Transportation Industry

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

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

Allcargo Logistics Receivables Turnover Calculation

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

Allcargo Logistics'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 )
=	131878.3	/ (	(20380.5	+	22276.8)	/	2 )
=	131878.3	/	21328.65
=	6.18

Allcargo Logistics'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 )
=	33983.3	/ (	(0	+	22276.8)	/	1 )
=	33983.3	/	22276.8
=	1.53

Allcargo Logistics (NSE:ALLCARGO) 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.

Allcargo Logistics Receivables Turnover Related Terms

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Allcargo Logistics (NSE:ALLCARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Allcargo Logistics Ltd (NSE:ALLCARGO) » Definitions » Receivables Turnover

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532749:India

Address

CST Road, 6th Floor, Allcargo House, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.allcargologistics.com

Allcargo Logistics Ltd provides integrated logistics solutions. The company organizes itself into five segments. The multimodal transport operations segment, which contributes the majority of revenue, provides non-vessel freight forwarding services. The container freight stations/inland container depots, provide cargo stuffing, de-stuffing, and customs clearance services. The project and engineering solutions, provide rental equipment and services for project, engineering, and logistics purposes. The logistic park provides warehousing through the development and leasing of its container parks, Express distribution, provides express distribution and supply chain solutions. The firm's revenue is derived from India, America, the Far East, Europe, and others.

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