Captain Pipes (BOM:538817) Receivables Turnover : 1.71 (As of Mar. 2024)

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What is Captain Pipes 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. Captain Pipes's Revenue for the three months ended in Mar. 2024 was ₹202.6 Mil. Captain Pipes's average Accounts Receivable for the three months ended in Mar. 2024 was ₹118.5 Mil. Hence, Captain Pipes's Receivables Turnover for the three months ended in Mar. 2024 was 1.71.

Captain Pipes Receivables Turnover Historical Data

The historical data trend for Captain Pipes'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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Captain Pipes Receivables Turnover Chart

Captain Pipes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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7.86

7.33

9.58

8.14

7.15

Captain Pipes Quarterly Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.23	2.01	0.84	1.02	1.71

Competitive Comparison of Captain Pipes's Receivables Turnover

For the Auto Parts subindustry, Captain Pipes'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.

Captain Pipes's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Captain Pipes's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Captain Pipes's Receivables Turnover falls into.

Captain Pipes Receivables Turnover Calculation

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

Captain Pipes'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 )
=	763.477	/ (	(95.142	+	118.519)	/	2 )
=	763.477	/	106.8305
=	7.15

Captain Pipes'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 )
=	202.613	/ (	(0	+	118.519)	/	1 )
=	202.613	/	118.519
=	1.71

Captain Pipes (BOM:538817) 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.

Captain Pipes Receivables Turnover Related Terms

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Captain Pipes (BOM:538817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Captain Pipes Ltd (BOM:538817) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Survey No. 257, Plot No. 23 to 28, National Highway No. 8-B, Shapar (Veraval), District Rajkot, Rajkot, GJ, IND, 360002

Website

https://www.captainpipes.com

Captain Pipes Ltd manufactures and sells UPVC pipes and fittings in India and internationally. It offers Plumbing pipes, Plumbing fittings, Casing pipes, and Pressure pipes; and UPVC column pipe accessories, such as Pump and pipe adapters, Stainless steel rods, Mild steel flanges and clamps and PVC column pipe pump guards. The company offers its products under the CAPTAIN brand name. It primarily operates in India.

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