Hatsun Agro Product (BOM:531531) Receivables Turnover : 203.51 (As of Mar. 2024)

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What is Hatsun Agro Product 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. Hatsun Agro Product's Revenue for the three months ended in Mar. 2024 was ₹20,469 Mil. Hatsun Agro Product's average Accounts Receivable for the three months ended in Mar. 2024 was ₹101 Mil. Hence, Hatsun Agro Product's Receivables Turnover for the three months ended in Mar. 2024 was 203.51.

Hatsun Agro Product Receivables Turnover Historical Data

The historical data trend for Hatsun Agro Product'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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Hatsun Agro Product Receivables Turnover Chart

Hatsun Agro Product Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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464.89

469.31

754.03

930.31

894.82

Hatsun Agro Product 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															229.37	275.67	422.91	418.93	203.51

Competitive Comparison of Hatsun Agro Product's Receivables Turnover

For the Packaged Foods subindustry, Hatsun Agro Product'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.

Hatsun Agro Product's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hatsun Agro Product's Receivables Turnover distribution charts can be found below:

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

Hatsun Agro Product Receivables Turnover Calculation

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

Hatsun Agro Product'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 )
=	79904.039	/ (	(78.015	+	100.578)	/	2 )
=	79904.039	/	89.2965
=	894.82

Hatsun Agro Product'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 )
=	20468.722	/ (	(0	+	100.578)	/	1 )
=	20468.722	/	100.578
=	203.51

Hatsun Agro Product (BOM:531531) 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.

Hatsun Agro Product Receivables Turnover Related Terms

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Hatsun Agro Product (BOM:531531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hatsun Agro Product Ltd (BOM:531531) » Definitions » Receivables Turnover

Traded in Other Exchanges

HATSUN:India

Address

Plot No. 14, TNHB, Tamil Nadu Housing Board 'A' Road, Sholinganallur, Chennai, TN, IND, 600 119

Website

https://www.hap.in

Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.

Hatsun Agro Product (BOM:531531) Headlines

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