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Gujarat Ambuja Exports (BOM:524226) Receivables Turnover : 4.18 (As of Mar. 2024)


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What is Gujarat Ambuja Exports 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. Gujarat Ambuja Exports's Revenue for the three months ended in Mar. 2024 was ₹13,464 Mil. Gujarat Ambuja Exports's average Accounts Receivable for the three months ended in Mar. 2024 was ₹3,218 Mil. Hence, Gujarat Ambuja Exports's Receivables Turnover for the three months ended in Mar. 2024 was 4.18.


Gujarat Ambuja Exports Receivables Turnover Historical Data

The historical data trend for Gujarat Ambuja Exports'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.

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Gujarat Ambuja Exports Receivables Turnover Chart

Gujarat Ambuja Exports 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 20.51 24.79 20.77 19.54 16.43

Gujarat Ambuja Exports 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 5.14 4.18 4.74 5.53 4.18

Competitive Comparison of Gujarat Ambuja Exports's Receivables Turnover

For the Packaged Foods subindustry, Gujarat Ambuja Exports'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.


Gujarat Ambuja Exports's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gujarat Ambuja Exports's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gujarat Ambuja Exports's Receivables Turnover falls into.



Gujarat Ambuja Exports Receivables Turnover Calculation

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

Gujarat Ambuja Exports'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 )
=49267 / ((2779.6 + 3217.6) / 2 )
=49267 / 2998.6
=16.43

Gujarat Ambuja Exports'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 )
=13464.4 / ((0 + 3217.6) / 1 )
=13464.4 / 3217.6
=4.18

* 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.


Gujarat Ambuja Exports  (BOM:524226) 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.


Gujarat Ambuja Exports Receivables Turnover Related Terms

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Gujarat Ambuja Exports (BOM:524226) Business Description

Traded in Other Exchanges
Address
Ambuja Tower, Sindhu Bhavan Road, Opposite Sindhu Bhavan, P.O. Thaltej, Bodakdev, Ahmedabad, GJ, IND, 380 059
Gujarat Ambuja Exports Ltd is a manufacturer of Corn Starch Derivatives, Soya Derivatives, and Cotton Yarn. The company's operating segments include the Spinning division; Maize Processing; Other Agro Processing and Renewable Power division. The company generates maximum revenue from the Maize Processing segment. Geographically, it derives a majority of its revenue from India. Some of its products include Vanaspati Ghee, Refined Palm Oil, Bakery Shortening, Corn/Maize Starch, and others.

Gujarat Ambuja Exports (BOM:524226) Headlines

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