GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Gillanders Arbuthnot & Co Ltd (NSE:GILLANDERS) » Definitions » Receivables Turnover

Gillanders Arbuthnot (NSE:GILLANDERS) Receivables Turnover : 2.35 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Gillanders Arbuthnot 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. Gillanders Arbuthnot's Revenue for the three months ended in Mar. 2024 was ₹688 Mil. Gillanders Arbuthnot's average Accounts Receivable for the three months ended in Mar. 2024 was ₹293 Mil. Hence, Gillanders Arbuthnot's Receivables Turnover for the three months ended in Mar. 2024 was 2.35.


Gillanders Arbuthnot Receivables Turnover Historical Data

The historical data trend for Gillanders Arbuthnot'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.

Gillanders Arbuthnot Receivables Turnover Chart

Gillanders Arbuthnot Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.27 5.79 7.78 13.64 13.08

Gillanders Arbuthnot 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 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 Premium Member Only 2.95 3.34 2.29 2.20 2.35

Competitive Comparison of Gillanders Arbuthnot's Receivables Turnover

For the Conglomerates subindustry, Gillanders Arbuthnot'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.


Gillanders Arbuthnot's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Gillanders Arbuthnot's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gillanders Arbuthnot's Receivables Turnover falls into.



Gillanders Arbuthnot Receivables Turnover Calculation

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

Gillanders Arbuthnot'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 )
=3632.83 / ((262.222 + 293.065) / 2 )
=3632.83 / 277.6435
=13.08

Gillanders Arbuthnot'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 )
=687.531 / ((0 + 293.065) / 1 )
=687.531 / 293.065
=2.35

* 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.


Gillanders Arbuthnot  (NSE:GILLANDERS) 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.


Gillanders Arbuthnot Receivables Turnover Related Terms

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


Gillanders Arbuthnot (NSE:GILLANDERS) Business Description

Traded in Other Exchanges
Address
Netaji Subhas Road, C-4, Gillander House, 4th Floor, Kolkata, WB, IND, 700001
Gillanders Arbuthnot & Co Ltd is engaged in the manufacturing and sale of textiles including yarn and fabric. It also cultivates, manufactures, and sells tea and is also engaged in specialized construction activities. Its segments are Textile, Tea, Engineering, and Property segment.

Gillanders Arbuthnot (NSE:GILLANDERS) Headlines

No Headlines