International Conveyors (NSE:INTLCONV) Receivables Turnover : 1.26 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is International Conveyors 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. International Conveyors's Revenue for the three months ended in Mar. 2024 was ₹260 Mil. International Conveyors's average Accounts Receivable for the three months ended in Mar. 2024 was ₹207 Mil. Hence, International Conveyors's Receivables Turnover for the three months ended in Mar. 2024 was 1.26.

International Conveyors Receivables Turnover Historical Data

The historical data trend for International Conveyors'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.

International Conveyors Receivables Turnover Chart

International Conveyors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

3.56

7.34

9.76

10.15

7.08

International Conveyors 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															2.84	2.48	4.07	2.15	1.26

Competitive Comparison of International Conveyors's Receivables Turnover

For the Specialty Industrial Machinery subindustry, International Conveyors'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.

International Conveyors's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, International Conveyors's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where International Conveyors's Receivables Turnover falls into.

International Conveyors Receivables Turnover Calculation

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

International Conveyors'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 )
=	1339.3	/ (	(172	+	206.6)	/	2 )
=	1339.3	/	189.3
=	7.08

International Conveyors'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 )
=	259.6	/ (	(0	+	206.6)	/	1 )
=	259.6	/	206.6
=	1.26

International Conveyors (NSE:INTLCONV) 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.

International Conveyors Receivables Turnover Related Terms

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

International Conveyors (NSE:INTLCONV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » International Conveyors Ltd (NSE:INTLCONV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

509709:India

Address

10, Middleton Row, Kolkata, WB, IND, 700071

Website

https://www.iclbelting.com

International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting; trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories; and generation and sale of power. It manufactures and distributes PVC fire resistant antistatic solid woven coal conveyor belt. The company operates its business through the segments of Conveyor Belting, Wind Energy, and Trading Goods segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.

International Conveyors (NSE:INTLCONV) Headlines

No Headlines