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K M Sugar Mills (BOM:532673) Receivables Turnover : 4.19 (As of Mar. 2024)


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What is K M Sugar Mills 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. K M Sugar Mills's Revenue for the three months ended in Mar. 2024 was ₹1,229 Mil. K M Sugar Mills's average Accounts Receivable for the three months ended in Mar. 2024 was ₹293 Mil. Hence, K M Sugar Mills's Receivables Turnover for the three months ended in Mar. 2024 was 4.19.


K M Sugar Mills Receivables Turnover Historical Data

The historical data trend for K M Sugar Mills'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.

K M Sugar Mills Receivables Turnover Chart

K M Sugar Mills Annual Data
Trend Sep14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.43 48.78 38.09 72.36 39.77

K M Sugar Mills 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 24.37 67.57 14.47 9.74 4.19

Competitive Comparison of K M Sugar Mills's Receivables Turnover

For the Confectioners subindustry, K M Sugar Mills'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.


K M Sugar Mills's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, K M Sugar Mills's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where K M Sugar Mills's Receivables Turnover falls into.



K M Sugar Mills Receivables Turnover Calculation

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

K M Sugar Mills'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 )
=6571.6 / ((37.171 + 293.3) / 2 )
=6571.6 / 165.2355
=39.77

K M Sugar Mills'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 )
=1229.3 / ((0 + 293.3) / 1 )
=1229.3 / 293.3
=4.19

* 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.


K M Sugar Mills  (BOM:532673) 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.


K M Sugar Mills Receivables Turnover Related Terms

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K M Sugar Mills (BOM:532673) Business Description

Traded in Other Exchanges
Address
Post Office Moti Nagar, District Faizabad, Faizabad, UP, IND, 224 201
K M Sugar Mills Ltd is an Indian company engaged in the manufacturing and sale of sugar. The business operating segments of the company are Sugar, Distillery and Power. Other business activities undertaken by the firm consists of manufacturing and sale of Ethanol, Ethyl Alcohol, generation of power using bagasse, and manufacturing and sale of sanitizers. It derives a majority of the revenue from the Sugar segment. Geographically, the company's operations are principally carried out only in India.

K M Sugar Mills (BOM:532673) Headlines

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