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Mayukh Dealtrade (BOM:539519) Receivables Turnover : 0.44 (As of Dec. 2023)


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What is Mayukh Dealtrade 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. Mayukh Dealtrade's Revenue for the three months ended in Dec. 2023 was ₹15.15 Mil. Mayukh Dealtrade's average Accounts Receivable for the three months ended in Dec. 2023 was ₹34.36 Mil. Hence, Mayukh Dealtrade's Receivables Turnover for the three months ended in Dec. 2023 was 0.44.


Mayukh Dealtrade Receivables Turnover Historical Data

The historical data trend for Mayukh Dealtrade'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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Mayukh Dealtrade Receivables Turnover Chart

Mayukh Dealtrade Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial 0.04 0.65 1.25 0.94 0.90

Mayukh Dealtrade Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.33 0.39 0.19 0.13 0.44

Competitive Comparison of Mayukh Dealtrade's Receivables Turnover

For the Household & Personal Products subindustry, Mayukh Dealtrade'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.


Mayukh Dealtrade's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mayukh Dealtrade's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mayukh Dealtrade's Receivables Turnover falls into.



Mayukh Dealtrade Receivables Turnover Calculation

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

Mayukh Dealtrade'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 )
=22.128 / ((19.271 + 30.16) / 2 )
=22.128 / 24.7155
=0.90

Mayukh Dealtrade'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 )
=15.154 / ((34.356 + 0) / 1 )
=15.154 / 34.356
=0.44

* 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.


Mayukh Dealtrade  (BOM:539519) 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.


Mayukh Dealtrade Receivables Turnover Related Terms

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Mayukh Dealtrade (BOM:539519) Business Description

Traded in Other Exchanges
N/A
Address
Crystal Rose C.H.S Datta Mandir Road,, Office No. 101 , 1st Floor, Mahavir Nagar, Mumbai, MH, IND, 400067
Mayukh Dealtrade Ltd has its business in the Manufacturing & Trading of Burners and Vaporisers.

Mayukh Dealtrade (BOM:539519) Headlines

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