United Van Der Horst (BOM:522091) Receivables Turnover : 0.59 (As of Dec. 2023)

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What is United Van Der Horst 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. United Van Der Horst's Revenue for the three months ended in Dec. 2023 was ₹60.0 Mil. United Van Der Horst's average Accounts Receivable for the three months ended in Dec. 2023 was ₹101.3 Mil. Hence, United Van Der Horst's Receivables Turnover for the three months ended in Dec. 2023 was 0.59.

United Van Der Horst Receivables Turnover Historical Data

The historical data trend for United Van Der Horst'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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United Van Der Horst Receivables Turnover Chart

United Van Der Horst Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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3.11

3.61

2.72

2.45

2.82

United Van Der Horst Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.60	0.75	0.73	0.71	0.59

Competitive Comparison of United Van Der Horst's Receivables Turnover

For the Specialty Industrial Machinery subindustry, United Van Der Horst'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.

United Van Der Horst's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, United Van Der Horst's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where United Van Der Horst's Receivables Turnover falls into.

United Van Der Horst Receivables Turnover Calculation

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

United Van Der Horst'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 )
=	167.547	/ (	(49.765	+	68.92)	/	2 )
=	167.547	/	59.3425
=	2.82

United Van Der Horst'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 )
=	60.026	/ (	(101.266	+	0)	/	1 )
=	60.026	/	101.266
=	0.59

United Van Der Horst (BOM:522091) 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.

United Van Der Horst Receivables Turnover Related Terms

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United Van Der Horst (BOM:522091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » United Van Der Horst Ltd (BOM:522091) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

E-29/30 MIDC Industrial Area, Taloja, Raigad District, Navi Mumbai, MH, IND, 410208

Website

http://www.uvdhl.com

United Van Der Horst Ltd is a company engaged in providing reconditioning, re-standardizing, reverse engineering, and manufacturing services to the sectors such as marine, oil field, power plants, petrochemicals, and mining. The business segments of the group are Manufacturing and reconditioning; and Others, of which maximum revenue is derived from the Job work and reconditioning segment, which relates to job work of hydraulic cylinders. The group's process includes grinding, honing, chrome plating, boring, vertical turret lathe, and groove grinding. It offers products like hydraulic cylinders, pneumatic cylinders, hydraulic seals, pneumatic seals, telescopic cylinders, a coil buggy cylinder, rock breaker cylinder, jacking cylinder, and others.

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