Aarti Surfactants (BOM:543210) Receivables Turnover : 2.26 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Aarti Surfactants 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. Aarti Surfactants's Revenue for the three months ended in Mar. 2024 was ₹1,585 Mil. Aarti Surfactants's average Accounts Receivable for the three months ended in Mar. 2024 was ₹701 Mil. Hence, Aarti Surfactants's Receivables Turnover for the three months ended in Mar. 2024 was 2.26.

Aarti Surfactants Receivables Turnover Historical Data

The historical data trend for Aarti Surfactants'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.

Aarti Surfactants Receivables Turnover Chart

Aarti Surfactants Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

13.22

12.81

10.48

10.04

8.71

Aarti Surfactants Quarterly Data
	Mar19	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													2.41	2.28	2.10	2.02	2.26

Competitive Comparison of Aarti Surfactants's Receivables Turnover

For the Specialty Chemicals subindustry, Aarti Surfactants'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.

Aarti Surfactants's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Aarti Surfactants's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aarti Surfactants's Receivables Turnover falls into.

Aarti Surfactants Receivables Turnover Calculation

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

Aarti Surfactants'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 )
=	5898.574	/ (	(653.624	+	701.072)	/	2 )
=	5898.574	/	677.348
=	8.71

Aarti Surfactants'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 )
=	1585.491	/ (	(0	+	701.072)	/	1 )
=	1585.491	/	701.072
=	2.26

Aarti Surfactants (BOM:543210) 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.

Aarti Surfactants Receivables Turnover Related Terms

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

Aarti Surfactants (BOM:543210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aarti Surfactants Ltd (BOM:543210) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

E1AARTIPP:India 890180:India AARTISURF:India

Address

Mulund-Goregaon Link Road, 2nd Floor, Unit 202, Plot 71, Udyog Kshetra, L.B.S. Marg, Mulund (West), Mumbai, MH, IND, 400 080

Website

https://www.aarti-surfactants.com

Aarti Surfactants Ltd is the producer of ionic and non-ionic surfactants and specialty products, serving Home and Personal Care, Industrial Applications, and the Agro and Oil industries. The company's product portfolio includes Surfactants, Mild surfactants, Rheology modifiers, Pearlising agents, UV filters, Syndet and soap bases, and Active ingredients, as well as conditioning agents, blends, proteins, and quats. Geographically the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India. The products of the group have application in consumer-centric personal care and home care products, including, inter alia, skin care, oral care, hair care, cosmetics, toiletries and detergent products.

Aarti Surfactants (BOM:543210) Headlines

No Headlines