GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cropster Agro Ltd (BOM:523105) » Definitions » Receivables Turnover

Cropster Agro (BOM:523105) Receivables Turnover : 0.84 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Cropster Agro 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. Cropster Agro's Revenue for the three months ended in Mar. 2024 was ₹274.5 Mil. Cropster Agro's average Accounts Receivable for the three months ended in Mar. 2024 was ₹326.2 Mil. Hence, Cropster Agro's Receivables Turnover for the three months ended in Mar. 2024 was 0.84.


Cropster Agro Receivables Turnover Historical Data

The historical data trend for Cropster Agro'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.

Cropster Agro Receivables Turnover Chart

Cropster Agro 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 - - - - 1.86

Cropster Agro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - 1.08 1.37 0.84

Competitive Comparison of Cropster Agro's Receivables Turnover

For the Specialty Chemicals subindustry, Cropster Agro'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.


Cropster Agro's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cropster Agro's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cropster Agro's Receivables Turnover falls into.



Cropster Agro Receivables Turnover Calculation

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

Cropster Agro'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 )
=607.124 / ((0 + 326.196) / 1 )
=607.124 / 326.196
=1.86

Cropster Agro'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 )
=274.529 / ((0 + 326.196) / 1 )
=274.529 / 326.196
=0.84

* 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.


Cropster Agro  (BOM:523105) 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.


Cropster Agro Receivables Turnover Related Terms

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


Cropster Agro (BOM:523105) Business Description

Traded in Other Exchanges
N/A
Address
Bh Navgujarat College, Ashram Road,, 203 Abhishek Complex, Ahmedabad, GJ, IND, 380013
Cropster Agro Ltd formerly Planter'S Polysacks Ltd is engaged in trading and dealing of chemicals, plastic, rubber products, leather, foam, celluloses, and, polypropylene bags.

Cropster Agro (BOM:523105) Headlines

No Headlines