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Godfrey Phillips India (BOM:500163) Receivables Turnover : 5.18 (As of Dec. 2023)


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What is Godfrey Phillips India 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. Godfrey Phillips India's Revenue for the three months ended in Dec. 2023 was ₹12,354 Mil. Godfrey Phillips India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹2,384 Mil. Hence, Godfrey Phillips India's Receivables Turnover for the three months ended in Dec. 2023 was 5.18.

Godfrey Phillips India Receivables Turnover Historical Data

The historical data trend for Godfrey Phillips India'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.

Godfrey Phillips India Receivables Turnover Chart

Godfrey Phillips India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.91 41.46 25.92 19.11 23.21

Godfrey Phillips India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.43 5.28 6.92 4.83 5.18

Competitive Comparison of Godfrey Phillips India's Receivables Turnover

For the Tobacco subindustry, Godfrey Phillips India'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.

Godfrey Phillips India's Receivables Turnover Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Godfrey Phillips India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Godfrey Phillips India's Receivables Turnover falls into.


Godfrey Phillips India Receivables Turnover Calculation

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

Godfrey Phillips India's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=35304.302 / ((1546.353 + 1495.161) / 2 )
=35304.302 / 1520.757
=23.21

Godfrey Phillips India's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=12354 / ((2383.6 + 0) / 1 )
=12354 / 2383.6
=5.18

* 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.

Godfrey Phillips India  (BOM:500163) 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.

Godfrey Phillips India Receivables Turnover Related Terms

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Godfrey Phillips India (BOM:500163) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Godfrey Phillips India Ltd (BOM:500163) » Definitions » Receivables Turnover
Comparable Companies
BOM:509966 BOM:526723 BOM:509887 PM MO LSE:BATS NSE:ITC TSE:2914 LSE:IMB XKRX:033780 ISX:HMSP HKSE:06969 ISX:GGRM DHA:BATBC XPRA:TABAK CAI:EAST VGR OCSE:STG UVV HKSE:06055
Traded in Other Exchanges
GODFRYPHLP:India
Address
Omaxe Square, Plot No.14, Jasola District Centre, Jasola, New Delhi, IND, 110025
Website
https://www.godfreyphillips.com
Godfrey Phillips India Ltd is a cigarette manufacturer that sells its products globally under brand names including Four Square, Red & White, Cavanders, Jaisalmer, Stellar, and Marlboro which it has a license to sell in India. Cigarette sales account for the vast majority of the total revenue, although the company also sells tea and other retail products. Most Godfrey Phillips sales are generated in India, but the company exports some of its cigarette brands and cuts tobacco.

Godfrey Phillips India (BOM:500163) Headlines

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