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Afloat Enterprises (BOM:543377) Receivables Turnover : 0.00 (As of Mar. 2024)


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What is Afloat Enterprises 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. Afloat Enterprises's Revenue for the six months ended in Mar. 2024 was ₹0.00 Mil. Afloat Enterprises's average Accounts Receivable for the six months ended in Mar. 2024 was ₹0.02 Mil.


Afloat Enterprises Receivables Turnover Historical Data

The historical data trend for Afloat Enterprises'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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Afloat Enterprises Receivables Turnover Chart

Afloat Enterprises Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial 2.85 2.83 9.52 3.25 1.40

Afloat Enterprises Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 5.57 0.16 2.86 2.80 -

Competitive Comparison of Afloat Enterprises's Receivables Turnover

For the Steel subindustry, Afloat Enterprises'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.


Afloat Enterprises's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Afloat Enterprises's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Afloat Enterprises's Receivables Turnover falls into.



Afloat Enterprises Receivables Turnover Calculation

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

Afloat Enterprises'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 )
=18.876 / ((13.465 + 0) / 1 )
=18.876 / 13.465
=1.40

Afloat Enterprises'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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0 / ((0.015 + 0) / 1 )
=0 / 0.015
=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.


Afloat Enterprises  (BOM:543377) 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.


Afloat Enterprises Receivables Turnover Related Terms

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Afloat Enterprises (BOM:543377) Business Description

Traded in Other Exchanges
N/A
Address
Aggarwal Plaza, Plot 3, Shop 325, DDA Community Centre, Sector-14, Rohini, New Delhi, IND, 110085
Afloat Enterprises Ltd is engaged in the business of trading metals with its core focus on trading in Iron and Steel.

Afloat Enterprises (BOM:543377) Headlines

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