Tata Motors Ltd's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2023 to a ratio of 21.87, above the company average. This is a clear sign of healthy business climate in the EV, Auto & Truck Manufacturers industry and improving liquidity at their respective customers, during the fourth quarter 2023. Average receivable collection period, for the Tata Motors Ltd in Mar 31 2023 quarter, has decreased to 17 days, compared to 19 days, in the 0 quarter.

If we take a look into Consumer Discretionary sector 86 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2023 from 0 to 966.

What is Receivable Turnover Ratio?
What is Tata Motors Ltd Selling?

What is Receivable Turnover Ratio?

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TTM Receivables Turnover Ratio	(Mar 31 2023) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Mar 31 2022) IV. Quarter
Y / Y Receivable Change	10.44 %	10.44 %	10.44 %	10.44 %	17.45 %
Y / Y Revenue Change	14.8 %	-	-	-	7.51 %
Receivable Turnover Ratio (TTM)	21.87	19.51	20	20.51	21.04
TTM's Total Ranking	# 966	# 0	# 938	# 0	# 2393
Accounts Receivable average collection period days	17	19	18	18	17
Seq. Receivable Change	0 %	0 %	0 %	10.44 %	0 %
Seq. Revenue Change	-	-	-	-	-

Receivable Turnover Company Ranking
Within:	No.
EV, Auto & Truck Manufacturers Industry	# 3
Consumer Discretionary Sector	# 87
Overall Market	# 966

Receivable Turnover Ratio Statistics
High	Average	Low
1.05	0.88	0.74
(Mar 31 2023)		(Mar 31 2021)

TTM Company Profile • Back to TTM Efficiency Comparisons • Compare TTM Receivables Turnover Ratio to its Competitors

Financial Statements
Tata Motors Ltd's Accounts Receivable	$ 1,915 Millions	Visit TTM's Balance sheet
Tata Motors Ltd's Sales TTM	$ 41,891 Millions	Visit TTM's Income Statement
Sources of TTM's Revenues		Visit TTM's Sales by Geography

Other Accounts Receivable Turnover Ratios
EV, Auto & Truck Manufacturers Industry Accounts Receivable Turnover Trends and Statistics
Consumer Discretionary Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
TTM's Receivable Turnover Ratio versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2023, within Consumer Discretionary Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2023	Receivable at quarter ending Mar 31 2023
Interactive Strength Inc	57.09	$ 0.157 Millions	$ 0.003 Millions
Tandy Leather Factory Inc	54.86	$ 80.195 Millions	$ 1.462 Millions
Williams sonoma Inc	51.02	$ 6,176.201 Millions	$ 121.058 Millions
U S Lighting Group Inc	40.53	$ 2.033 Millions	$ 0.050 Millions
Allbirds Inc	39.22	$ 287.579 Millions	$ 7.333 Millions
Crown Crafts Inc	39.11	$ 74.828 Millions	$ 1.913 Millions
Brownie s Marine Group Inc	36.26	$ 8.241 Millions	$ 0.227 Millions
Container Store Group Inc	35.00	$ 1,050.748 Millions	$ 30.021 Millions
Tesla Inc	33.68	$ 86,035.000 Millions	$ 2,554.500 Millions
Xmax Inc	31.43	$ 10.379 Millions	$ 0.330 Millions
Luvu Brands Inc	30.02	$ 29.277 Millions	$ 0.975 Millions
Arcimoto Inc	29.46	$ 7.261 Millions	$ 0.246 Millions
Peloton Interactive Inc	28.45	$ 2,836.800 Millions	$ 99.725 Millions
Jerash Holdings Us Inc	26.54	$ 138.063 Millions	$ 5.202 Millions
Tapestry Inc	26.15	$ 6,639.400 Millions	$ 253.875 Millions
Solo Brands Inc	23.80	$ 523.631 Millions	$ 21.999 Millions
Bwx Technologies Inc	23.37	$ 2,270.456 Millions	$ 97.146 Millions
Bassett Furniture Industries Incorporated	20.87	$ 475.435 Millions	$ 22.786 Millions
Rivian Automotive Inc	20.83	$ 2,224.000 Millions	$ 106.750 Millions
Universal Safety Products inc	20.72	$ 22.179 Millions	$ 1.070 Millions
Vera Bradley Inc	19.91	$ 536.356 Millions	$ 26.941 Millions
Carter s Inc	19.85	$ 4,328.350 Millions	$ 218.010 Millions
Purple Innovation Inc	19.60	$ 541.885 Millions	$ 27.652 Millions
Icahn Enterprises l p	18.89	$ 12,649.000 Millions	$ 669.500 Millions
Caleres inc	18.58	$ 2,895.756 Millions	$ 155.850 Millions
Oxford Industries Inc	18.54	$ 1,479.044 Millions	$ 79.772 Millions
Yeti Holdings Inc	17.64	$ 1,601.551 Millions	$ 90.794 Millions
Patrick Industries Inc	16.59	$ 4,439.797 Millions	$ 267.604 Millions
Superior Industries International Inc	15.23	$ 1,620.342 Millions	$ 106.409 Millions
La z boy Incorporated	15.03	$ 2,349.433 Millions	$ 156.336 Millions

Date modified: 2026-06-22T16:58:57+00:00

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