Century Textiles & Industries (BOM:500040) Receivables Turnover : 5.38 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Century Textiles & Industries 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. Century Textiles & Industries's Revenue for the three months ended in Mar. 2024 was ₹8,911 Mil. Century Textiles & Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,656 Mil. Hence, Century Textiles & Industries's Receivables Turnover for the three months ended in Mar. 2024 was 5.38.

Century Textiles & Industries Receivables Turnover Historical Data

The historical data trend for Century Textiles & Industries'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.

Century Textiles & Industries Receivables Turnover Chart

Century Textiles & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

17.31

15.14

21.73

20.19

26.48

Century Textiles & Industries 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															1.51	7.07	7.20	7.81	5.38

Competitive Comparison of Century Textiles & Industries's Receivables Turnover

For the Paper & Paper Products subindustry, Century Textiles & Industries'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.

Century Textiles & Industries's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Century Textiles & Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Century Textiles & Industries's Receivables Turnover falls into.

Century Textiles & Industries Receivables Turnover Calculation

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

Century Textiles & Industries'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 )
=	42639.6	/ (	(1564.4	+	1656.3)	/	2 )
=	42639.6	/	1610.35
=	26.48

Century Textiles & Industries'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 )
=	8911.2	/ (	(0	+	1656.3)	/	1 )
=	8911.2	/	1656.3
=	5.38

Century Textiles & Industries (BOM:500040) 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.

Century Textiles & Industries Receivables Turnover Related Terms

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

Century Textiles & Industries (BOM:500040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Century Textiles & Industries Ltd (BOM:500040) » Definitions » Receivables Turnover

Traded in Other Exchanges

CENTURYTEX:India

Address

Dr. Annie Besant Road, Century Bhavan, Worli, Mumbai, MH, IND, 400030

Website

https://www.centurytextind.com

Century Textiles & Industries Ltd is a manufacturer with three main business segments: Textiles, Pulp and Paper, and Real Estate. The textiles division manufactures textiles, including suits, shirts, denim products, and bed linens, and rayon products, including various types of yarns and chemicals used to make textiles, tires, and household products. The Real Estates segment includes leased properties. The pulp and paper segment sells products including writing and printing paper, tissue paper, and paper board. Most of the company's revenue is generated in India. Exports comprise less than 10% of total sales.

Century Textiles & Industries (BOM:500040) Headlines

No Headlines