Data Patterns (India) (NSE:DATAPATTNS) Receivables Turnover : 0.46 (As of Mar. 2024)

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What is Data Patterns (India) 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. Data Patterns (India)'s Revenue for the three months ended in Mar. 2024 was ₹1,823 Mil. Data Patterns (India)'s average Accounts Receivable for the three months ended in Mar. 2024 was ₹3,988 Mil. Hence, Data Patterns (India)'s Receivables Turnover for the three months ended in Mar. 2024 was 0.46.

Data Patterns (India) Receivables Turnover Historical Data

The historical data trend for Data Patterns (India)'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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Data Patterns (India) Receivables Turnover Chart

Data Patterns (India) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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1.43

1.65

1.75

1.56

1.33

Data Patterns (India) Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial												0.48	0.23	0.31	0.40	0.46

Competitive Comparison of Data Patterns (India)'s Receivables Turnover

For the Aerospace & Defense subindustry, Data Patterns (India)'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.

Data Patterns (India)'s Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Data Patterns (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Data Patterns (India)'s Receivables Turnover falls into.

Data Patterns (India) Receivables Turnover Calculation

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

Data Patterns (India)'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 )
=	5198	/ (	(3824.8	+	3987.8)	/	2 )
=	5198	/	3906.3
=	1.33

Data Patterns (India)'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 )
=	1822.9	/ (	(0	+	3987.8)	/	1 )
=	1822.9	/	3987.8
=	0.46

Data Patterns (India) (NSE:DATAPATTNS) 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.

Data Patterns (India) Receivables Turnover Related Terms

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Data Patterns (India) (NSE:DATAPATTNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Data Patterns (India) Ltd (NSE:DATAPATTNS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

543428:India

Address

Plot H9, Fourth Main Road, SIPCOT IT Park, Siruseri, Chennai, TN, IND, 603103

Website

https://www.datapatternsindia.com

Data Patterns (India) Ltd is a defense and aerospace electronics solutions provider catering to the indigenously developed defense products industry. The company offers products to the entire spectrum of defense and aerospace platforms such as space, air, land, and sea. The Company operates only in one business segment i.e. manufacture, sale and service of defense electronics.

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