Westlife Foodworld (BOM:505533) Receivables Turnover : 31.89 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Westlife Foodworld 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. Westlife Foodworld's Revenue for the three months ended in Mar. 2024 was ₹5,527 Mil. Westlife Foodworld's average Accounts Receivable for the three months ended in Mar. 2024 was ₹173 Mil. Hence, Westlife Foodworld's Receivables Turnover for the three months ended in Mar. 2024 was 31.89.

Westlife Foodworld Receivables Turnover Historical Data

The historical data trend for Westlife Foodworld'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.

Westlife Foodworld Receivables Turnover Chart

Westlife Foodworld Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

212.40

144.33

140.85

188.28

169.02

Westlife Foodworld 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															50.85	57.25	38.38	37.22	31.89

Competitive Comparison of Westlife Foodworld's Receivables Turnover

For the Restaurants subindustry, Westlife Foodworld'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.

Westlife Foodworld's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Westlife Foodworld's Receivables Turnover distribution charts can be found below:

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

Westlife Foodworld Receivables Turnover Calculation

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

Westlife Foodworld'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 )
=	23682.176	/ (	(106.94	+	173.293)	/	2 )
=	23682.176	/	140.1165
=	169.02

Westlife Foodworld'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 )
=	5527.017	/ (	(0	+	173.293)	/	1 )
=	5527.017	/	173.293
=	31.89

Westlife Foodworld (BOM:505533) 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.

Westlife Foodworld Receivables Turnover Related Terms

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

Westlife Foodworld (BOM:505533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Westlife Foodworld Ltd (BOM:505533) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

WESTLIFE:India

Address

Senapati Bapat Marg, 1001, Tower 3, 10th Floor, One International Center, Prabhadevi, Mumbai, MH, IND, 400 013

Website

https://www.westlife.co.in

Westlife Foodworld Ltd owns and operates several hundred McDonald's restaurants in western and southern India through a master franchise agreement with McDonald's Corp. The company's sole business segment is quick-service restaurants, and all of its sales are generated in India. The McDonald's menu is customized to cater to Indian tastes, with options such as the McAloo Tikki burger, Veg Pizza McPuff, and the Maharaja Mac. McDonald's restaurants in India serve no beef or pork and isolate vegetarian and nonvegetarian ingredients at all times.

Westlife Foodworld (BOM:505533) Headlines

No Headlines