Dollar Industries (BOM:541403) Receivables Turnover : 1.01 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Dollar Industries 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. Dollar Industries's Revenue for the three months ended in Mar. 2024 was ₹5,000 Mil. Dollar Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,930 Mil. Hence, Dollar Industries's Receivables Turnover for the three months ended in Mar. 2024 was 1.01.

Dollar Industries Receivables Turnover Historical Data

The historical data trend for Dollar Industries'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.

Dollar Industries Receivables Turnover Chart

Dollar Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

2.70

2.94

3.60

3.36

3.41

Dollar Industries 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															0.95	0.77	0.92	0.74	1.01

Competitive Comparison of Dollar Industries's Receivables Turnover

For the Apparel Manufacturing subindustry, Dollar Industries'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.

Dollar Industries's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dollar Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dollar Industries's Receivables Turnover falls into.

Dollar Industries Receivables Turnover Calculation

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

Dollar Industries'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 )
=	15722.745	/ (	(4283.443	+	4929.632)	/	2 )
=	15722.745	/	4606.5375
=	3.41

Dollar Industries'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 )
=	4999.598	/ (	(0	+	4929.632)	/	1 )
=	4999.598	/	4929.632
=	1.01

Dollar Industries (BOM:541403) 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.

Dollar Industries Receivables Turnover Related Terms

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

Dollar Industries (BOM:541403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Dollar Industries Ltd (BOM:541403) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DOLLAR:India

Address

32, Jawaharlal Nehru Road, 15th Floor, Om Towers, Kolkata, WB, IND, 700 071

Website

https://www.dollarglobal.in

Dollar Industries Ltd is engaged in the manufacture of hosiery products in knitted inner wears, casual wears, and thermal wears. The Company is engaged in the manufacturing of garments and hosiery products and generates revenue from the sale of the same. It is also the only reportable segment of the Company. Geographically, it derives a majority of revenue from India. Its brand portfolio includes Dollar Bigboss; Dollar Missy; Force NXT; Dollar Ultra; Dollar Champion; Force Go Wear; Dollar Kids Care; Dollar Lehar; Dollar Comfort; Dollar Commando; Dollar Bravery and Dollar RKG.

Dollar Industries (BOM:541403) Headlines

No Headlines