Lippi Systems (BOM:526604) Receivables Turnover : 0.00 (As of Mar. 2024)

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What is Lippi Systems 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. Lippi Systems's Revenue for the three months ended in Mar. 2024 was ₹0.00 Mil. Lippi Systems's average Accounts Receivable for the three months ended in Mar. 2024 was ₹5.18 Mil.

Lippi Systems Receivables Turnover Historical Data

The historical data trend for Lippi Systems'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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Lippi Systems Receivables Turnover Chart

Lippi Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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2.41

2.53

3.56

Lippi Systems 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															-	-	-	-	-

Competitive Comparison of Lippi Systems's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Lippi Systems'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.

Lippi Systems's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lippi Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lippi Systems's Receivables Turnover falls into.

Lippi Systems Receivables Turnover Calculation

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

Lippi Systems'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 )
=	0	/ (	(4.658	+	5.594)	/	2 )
=	0	/	5.126
=	N/A

Lippi Systems'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 )
=	0	/ (	(4.764	+	5.594)	/	2 )
=	0	/	5.179
=	N/A

Lippi Systems (BOM:526604) 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.

Lippi Systems Receivables Turnover Related Terms

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Lippi Systems (BOM:526604) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lippi Systems Ltd (BOM:526604) » Definitions » Receivables Turnover

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Address

132ft Ring Road, Satellite, 3rd Floor, Satya Complex, Opposite IOC Petrol Pump, Near Ashwamegh-IV, Ahmedabad, GJ, IND, 380015

Website

https://www.lippisystems.com

Lippi Systems Ltd is engaged in the manufacture of rotogravure cylinders by digital engraving process in India. The company has two business segments namely Manufacturing of Engraved Cylinders and Power Generation through Windmills. Its products are used in rotogravure printing, anilox rollers for flexo, adhesive coating, and decorative printing. The company generates maximum revenue from the Power Generation through the Windmill segment.

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