HPL Electric & Power (NSE:HPL) Receivables Turnover : 0.61 (As of Mar. 2024)

HPL Electric & Power Receivables Turnover Chart

HPL Electric & Power Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover		Get a 7-Day Free Trial					2.09	1.79	1.99	2.28	2.25

HPL Electric & Power 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															0.60	0.53	0.55	0.57	0.61

Competitive Comparison of HPL Electric & Power's Receivables Turnover

For the Electrical Equipment & Parts subindustry, HPL Electric & Power'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.

HPL Electric & Power's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HPL Electric & Power's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where HPL Electric & Power's Receivables Turnover falls into.

HPL Electric & Power Receivables Turnover Calculation

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

HPL Electric & Power's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

HPL Electric & Power's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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.

HPL Electric & Power  (NSE:HPL) 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.

HPL Electric & Power Receivables Turnover Related Terms

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

HPL Electric & Power (NSE:HPL) Business Description