Antony Waste Handling Cell (NSE:AWHCL) Receivables Turnover : 0.83 (As of Mar. 2024)

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What is Antony Waste Handling Cell 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. Antony Waste Handling Cell's Revenue for the three months ended in Mar. 2024 was ₹2,102 Mil. Antony Waste Handling Cell's average Accounts Receivable for the three months ended in Mar. 2024 was ₹2,519 Mil. Hence, Antony Waste Handling Cell's Receivables Turnover for the three months ended in Mar. 2024 was 0.83.

Antony Waste Handling Cell Receivables Turnover Historical Data

The historical data trend for Antony Waste Handling Cell'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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Antony Waste Handling Cell Receivables Turnover Chart

Antony Waste Handling Cell Annual Data

Trend

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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6.11

5.28

4.82

4.33

3.73

Antony Waste Handling Cell Quarterly Data
	Mar17	Mar18	Jun18	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															0.93	1.03	1.07	1.03	0.83

Competitive Comparison of Antony Waste Handling Cell's Receivables Turnover

For the Waste Management subindustry, Antony Waste Handling Cell'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.

Antony Waste Handling Cell's Receivables Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Antony Waste Handling Cell's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Antony Waste Handling Cell's Receivables Turnover falls into.

Antony Waste Handling Cell Receivables Turnover Calculation

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

Antony Waste Handling Cell'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 )
=	8728.917	/ (	(2164.392	+	2519.366)	/	2 )
=	8728.917	/	2341.879
=	3.73

Antony Waste Handling Cell'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 )
=	2101.791	/ (	(0	+	2519.366)	/	1 )
=	2101.791	/	2519.366
=	0.83

Antony Waste Handling Cell (NSE:AWHCL) 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.

Antony Waste Handling Cell Receivables Turnover Related Terms

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Antony Waste Handling Cell (NSE:AWHCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Antony Waste Handling Cell Ltd (NSE:AWHCL) » Definitions » Receivables Turnover

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Traded in Other Exchanges

543254:India

Address

Eastern Express Highway, 1402-1404, 14th Floor, Dev Corpora Building, Opposite Cadbury Company, Thane (West), Thane, MH, IND, 400 601

Website

https://www.antony-waste.com

Antony Waste Handling Cell Ltd is a provider of a full spectrum of municipal solid waste services which includes solid waste collection, transportation, processing, and disposal services across the country, catering to Indian municipalities. The company undertakes municipal solid waste collection and transportation projects, municipal solid waste processing projects, and mechanized sweeping projects. It undertakes projects for the Municipal Corporation of Greater Mumbai, the Navi Mumbai Municipal Corporation, the Thane Municipal Corporation, the North Delhi Municipal Corporation, the Ulhasnagar Municipal Corporation, the Mangalore Municipal Corporation, and the Greater Noida Industrial Development Authority.

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