PNC Infratech (NSE:PNCINFRA) Receivables Turnover : 1.59 (As of Mar. 2024)

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What is PNC Infratech 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. PNC Infratech's Revenue for the three months ended in Mar. 2024 was ₹26,001 Mil. PNC Infratech's average Accounts Receivable for the three months ended in Mar. 2024 was ₹16,329 Mil. Hence, PNC Infratech's Receivables Turnover for the three months ended in Mar. 2024 was 1.59.

PNC Infratech Receivables Turnover Historical Data

The historical data trend for PNC Infratech'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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PNC Infratech Receivables Turnover Chart

PNC Infratech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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13.42

16.19

12.95

9.02

6.33

PNC Infratech 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															2.10	1.90	1.37	1.47	1.59

Competitive Comparison of PNC Infratech's Receivables Turnover

For the Engineering & Construction subindustry, PNC Infratech'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.

PNC Infratech's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, PNC Infratech's Receivables Turnover distribution charts can be found below:

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

PNC Infratech Receivables Turnover Calculation

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

PNC Infratech'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 )
=	86498.678	/ (	(10987.755	+	16329.45)	/	2 )
=	86498.678	/	13658.6025
=	6.33

PNC Infratech'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 )
=	26001.499	/ (	(0	+	16329.45)	/	1 )
=	26001.499	/	16329.45
=	1.59

PNC Infratech (NSE:PNCINFRA) 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.

PNC Infratech Receivables Turnover Related Terms

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PNC Infratech (NSE:PNCINFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PNC Infratech Ltd (NSE:PNCINFRA) » Definitions » Receivables Turnover

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539150:India

Address

Bypass Road, NH-2, PNC Tower, 3/22-D, Civil Lines, Agra, UP, IND, 282002

Website

https://www.pncinfratech.com

PNC Infratech Ltd is an infrastructure construction, development, and management company. It constructs highways, bridges, flyovers, power transmission lines, and airport runways. The company's segments include Engineering, Procurement, and Construction (EPC) Contract and BOT (Toll and Annuity). It also offers end-to-end infrastructure implementation solutions that include EPC services. The company's operations are executed across various states in India including Rajasthan, Punjab, Haryana, Uttarakhand, Uttar Pradesh, Delhi, Bihar, West Bengal, Assam, Madhya Pradesh, Maharashtra, Karnataka, and Tamil Nadu. The group derives key revenue from the EPC contract segment.

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