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Race Eco Chain (BOM:537785) Receivables Turnover : 0.00 (As of Sep. 2023)


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What is Race Eco Chain 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. Race Eco Chain's Revenue for the six months ended in Sep. 2023 was ₹0 Mil. Race Eco Chain's average Accounts Receivable for the six months ended in Sep. 2023 was ₹366 Mil.


Race Eco Chain Receivables Turnover Historical Data

The historical data trend for Race Eco Chain'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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Race Eco Chain Receivables Turnover Chart

Race Eco Chain 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 1.95 5.62 9.88 9.99 7.57

Race Eco Chain Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 5.33 5.27 6.52 - -

Competitive Comparison of Race Eco Chain's Receivables Turnover

For the Waste Management subindustry, Race Eco Chain'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.


Race Eco Chain's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Race Eco Chain's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Race Eco Chain's Receivables Turnover falls into.



Race Eco Chain Receivables Turnover Calculation

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

Race Eco Chain'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 )
=3474.813 / ((366.481 + 551.051) / 2 )
=3474.813 / 458.766
=7.57

Race Eco Chain's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0 / ((366.481 + 0) / 1 )
=0 / 366.481
=N/A

* 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.


Race Eco Chain  (BOM:537785) 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.


Race Eco Chain Receivables Turnover Related Terms

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Race Eco Chain (BOM:537785) Business Description

Traded in Other Exchanges
Address
Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's business segments are Biomass Fuel; Plastic Waste; and Recycled Products. It generates the majority of its revenue from the Plastic Waste segment.

Race Eco Chain (BOM:537785) Headlines

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