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UNO Minda (NSE:UNOMINDA) Receivables Turnover : 1.84 (As of Mar. 2024)


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What is UNO Minda 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. UNO Minda's Revenue for the three months ended in Mar. 2024 was ₹37,940 Mil. UNO Minda's average Accounts Receivable for the three months ended in Mar. 2024 was ₹20,654 Mil. Hence, UNO Minda's Receivables Turnover for the three months ended in Mar. 2024 was 1.84.


UNO Minda Receivables Turnover Historical Data

The historical data trend for UNO Minda'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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UNO Minda Receivables Turnover Chart

UNO Minda 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 6.98 6.09 6.38 7.25 7.41

UNO Minda 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 1.68 1.79 1.90 1.85 1.84

Competitive Comparison of UNO Minda's Receivables Turnover

For the Auto Parts subindustry, UNO Minda'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.


UNO Minda's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, UNO Minda's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where UNO Minda's Receivables Turnover falls into.



UNO Minda Receivables Turnover Calculation

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

UNO Minda'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 )
=140308.9 / ((17233 + 20654) / 2 )
=140308.9 / 18943.5
=7.41

UNO Minda'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 )
=37940.2 / ((0 + 20654) / 1 )
=37940.2 / 20654
=1.84

* 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.


UNO Minda  (NSE:UNOMINDA) 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.


UNO Minda Receivables Turnover Related Terms

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UNO Minda (NSE:UNOMINDA) Business Description

Traded in Other Exchanges
Address
P.O. SikanderPur Badda, Village Nawada Fatehpur, Manesar, District, Gurugram, HR, IND, 122004
UNO Minda Ltd is a conglomerate engaged in the manufacturing of auto components including lighting, alloy wheels, horns, seating systems, seatbelts, switches, sensors, controllers, handlebar assemblies, wheel covers, etc. The Group caters to both 2-wheeler and 4-wheeler markets and domestic & international markets. The group deals in only one business segment of manufacturing and sale of auto ancillary equipment.

UNO Minda (NSE:UNOMINDA) Headlines

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