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VST Industries (BOM:509966) Receivables Turnover : 8.06 (As of Mar. 2024)


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What is VST Industries 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. VST Industries's Revenue for the three months ended in Mar. 2024 was ₹3,741 Mil. VST Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹464 Mil. Hence, VST Industries's Receivables Turnover for the three months ended in Mar. 2024 was 8.06.

VST Industries Receivables Turnover Historical Data

The historical data trend for VST Industries'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.

VST Industries Receivables Turnover Chart

VST Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.42 72.59 48.50 33.74 31.64

VST Industries 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 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 6.97 7.71 8.94 9.29 8.06

Competitive Comparison of VST Industries's Receivables Turnover

For the Tobacco subindustry, VST Industries'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.

VST Industries's Receivables Turnover Distribution in the Tobacco Products Industry

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

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


VST Industries Receivables Turnover Calculation

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

VST Industries'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 )
=14172 / ((431.8 + 464) / 2 )
=14172 / 447.9
=31.64

VST Industries'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 )
=3741.3 / ((0 + 464) / 1 )
=3741.3 / 464
=8.06

* 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.

VST Industries  (BOM:509966) 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.

VST Industries Receivables Turnover Related Terms

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VST Industries (BOM:509966) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » VST Industries Ltd (BOM:509966) » Definitions » Receivables Turnover
Comparable Companies
BOM:526723 BOM:509887 BOM:500163 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
VSTIND:India
Address
1-7-1063/1065, P.O. Box No. 1804, Azamabad, Hyderabad, TG, IND, 500 020
Website
https://www.vsthyd.com
VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.

VST Industries (BOM:509966) Headlines

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