GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vinati Organics Ltd (BOM:524200) » Definitions » Receivables Turnover

Vinati Organics (BOM:524200) Receivables Turnover : 1.04 (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Vinati Organics 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. Vinati Organics's Revenue for the three months ended in Mar. 2024 was ₹5,503 Mil. Vinati Organics's average Accounts Receivable for the three months ended in Mar. 2024 was ₹5,296 Mil. Hence, Vinati Organics's Receivables Turnover for the three months ended in Mar. 2024 was 1.04.


Vinati Organics Receivables Turnover Historical Data

The historical data trend for Vinati Organics'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.

Vinati Organics Receivables Turnover Chart

Vinati Organics 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 4.53 3.93 4.38 4.47 3.80

Vinati Organics 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 1.11 0.92 1.15 1.15 1.04

Competitive Comparison of Vinati Organics's Receivables Turnover

For the Specialty Chemicals subindustry, Vinati Organics'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.


Vinati Organics's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vinati Organics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vinati Organics's Receivables Turnover falls into.



Vinati Organics Receivables Turnover Calculation

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

Vinati Organics'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 )
=18999.571 / ((4695.819 + 5296.141) / 2 )
=18999.571 / 4995.98
=3.80

Vinati Organics'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 )
=5503.147 / ((0 + 5296.141) / 1 )
=5503.147 / 5296.141
=1.04

* 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.


Vinati Organics  (BOM:524200) 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.


Vinati Organics Receivables Turnover Related Terms

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


Vinati Organics (BOM:524200) Business Description

Traded in Other Exchanges
Address
Parinee Crescenzo, 'A' Wing, 11th Floor, 1102, G Block, Plot No. C38 and C39, Behind MCA, Bandra-Kurla Comple, Bandra (East), Mumbai, MH, IND, 400 051
Vinati Organics Ltd is a specialty chemical company, focusing on manufacturing specialty chemicals and organic intermediaries. The company's product portfolio consists of Speciality Monomers, Speciality Aromatics, Other specialty products and Miscellaneous Polymers. Its operating segment includes the manufacturing of chemicals. The company exports products to customers across the U.S., Europe, and Asia.

Vinati Organics (BOM:524200) Headlines

No Headlines