G.S. Auto International (BOM:513059) Receivables Turnover : 2.43 (As of Dec. 2023)

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What is G.S. Auto International 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. G.S. Auto International's Revenue for the three months ended in Dec. 2023 was ₹390 Mil. G.S. Auto International's average Accounts Receivable for the three months ended in Dec. 2023 was ₹160 Mil. Hence, G.S. Auto International's Receivables Turnover for the three months ended in Dec. 2023 was 2.43.

G.S. Auto International Receivables Turnover Historical Data

The historical data trend for G.S. Auto International'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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G.S. Auto International Receivables Turnover Chart

G.S. Auto International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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5.71

3.70

4.03

5.58

7.61

G.S. Auto International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.85	2.40	2.37	2.19	2.43

Competitive Comparison of G.S. Auto International's Receivables Turnover

For the Auto Parts subindustry, G.S. Auto International'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.

G.S. Auto International's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, G.S. Auto International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where G.S. Auto International's Receivables Turnover falls into.

G.S. Auto International Receivables Turnover Calculation

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

G.S. Auto International's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	1295.571	/ (	(182.383	+	158.189)	/	2 )
=	1295.571	/	170.286
=	7.61

G.S. Auto International's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	390.072	/ (	(160.367	+	0)	/	1 )
=	390.072	/	160.367
=	2.43

G.S. Auto International (BOM:513059) 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.

G.S. Auto International Receivables Turnover Related Terms

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G.S. Auto International (BOM:513059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » G.S. Auto International Ltd (BOM:513059) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

G.T. Road, G.S. Estate, Near Dhandari Kalan, Ludhiana, PB, IND, 14101

Website

http://www.gsgroupindia.com

G.S. Auto International Ltd is a manufacturer of automobile parts. The company is engaged in the production of automotive suspensions and fastening components for Indian & International markets, utility vehicles, commercial vehicles, multi-axle vehicles, trailers, and special-purpose vehicles. It operates in three segments: Original equipment manufacturers, After-sales market, and Export market. The company's product portfolio is categorized into Machined Parts, Forged Parts, Non-Ferrous Cast Components, Ductile Iron Cast Components, Trailer Parts, Clutch Assemblies, and Disc Assemblies & its Components.

G.S. Auto International (BOM:513059) Headlines

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