KIOCL (NSE:KIOCL) Receivables Turnover : 52.54 (As of Mar. 2024)

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What is KIOCL 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. KIOCL's Revenue for the three months ended in Mar. 2024 was ₹3,721 Mil. KIOCL's average Accounts Receivable for the three months ended in Mar. 2024 was ₹71 Mil. Hence, KIOCL's Receivables Turnover for the three months ended in Mar. 2024 was 52.54.

KIOCL Receivables Turnover Historical Data

The historical data trend for KIOCL'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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KIOCL Receivables Turnover Chart

KIOCL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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20.65

12.92

11.25

4.78

10.26

KIOCL 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															2.07	1.42	2.08	2.65	52.54

Competitive Comparison of KIOCL's Receivables Turnover

For the Steel subindustry, KIOCL'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.

KIOCL's Receivables Turnover Distribution in the Steel Industry

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

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

KIOCL Receivables Turnover Calculation

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

KIOCL'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 )
=	18540.7	/ (	(3542.24	+	70.823)	/	2 )
=	18540.7	/	1806.5315
=	10.26

KIOCL'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 )
=	3721	/ (	(0	+	70.823)	/	1 )
=	3721	/	70.823
=	52.54

KIOCL (NSE:KIOCL) 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.

KIOCL Receivables Turnover Related Terms

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KIOCL (NSE:KIOCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » KIOCL Ltd (NSE:KIOCL) » Definitions » Receivables Turnover

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540680:India

Address

Sarjapura Road, Block II, Koramangala, Bengaluru, KA, IND, 560034

Website

https://www.kioclltd.in

KIOCL Ltd is engaged in the manufacturing and export of iron oxide pellets. It is primarily engaged in the business of iron ore mining, beneficiation, and production of high-quality pellets. The company operates through two segments namely Iron oxide pellet and Pig iron. Geographically it operates through the region of India and generates the majority of the revenue from outside India. The company is also engaged in also engage in mineral exploration and are involved in the exploration of minerals such as iron, manganese, limestone, nickel, chromium, copper, gold, lead, zinc, kyanite & phosphorite. The company generates the majority of its revenue from the Pellets segment.

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