Adani Wilmar (BOM:543458) Receivables Turnover : 7.42 (As of Mar. 2024)

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What is Adani Wilmar 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. Adani Wilmar's Revenue for the three months ended in Mar. 2024 was ₹132,380 Mil. Adani Wilmar's average Accounts Receivable for the three months ended in Mar. 2024 was ₹17,829 Mil. Hence, Adani Wilmar's Receivables Turnover for the three months ended in Mar. 2024 was 7.42.

Adani Wilmar Receivables Turnover Historical Data

The historical data trend for Adani Wilmar'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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Adani Wilmar Receivables Turnover Chart

Adani Wilmar Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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27.15

30.41

28.96

28.04

27.60

Adani Wilmar Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial											7.18	6.69	6.42	6.71	7.42

Competitive Comparison of Adani Wilmar's Receivables Turnover

For the Packaged Foods subindustry, Adani Wilmar'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.

Adani Wilmar's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Adani Wilmar's Receivables Turnover falls into.

Adani Wilmar Receivables Turnover Calculation

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

Adani Wilmar'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 )
=	512616.3	/ (	(19314.1	+	17829.1)	/	2 )
=	512616.3	/	18571.6
=	27.60

Adani Wilmar'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 )
=	132380.4	/ (	(0	+	17829.1)	/	1 )
=	132380.4	/	17829.1
=	7.42

Adani Wilmar (BOM:543458) 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.

Adani Wilmar Receivables Turnover Related Terms

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Adani Wilmar (BOM:543458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Adani Wilmar Ltd (BOM:543458) » Definitions » Receivables Turnover

Traded in Other Exchanges

AWL:India

Address

Near Navrangpura Railway Crossing, Fortune House, Ahmedabad, GJ, IND, 380 009

Website

https://www.adaniwilmar.com

Adani Wilmar Ltd is an FMCG food company offering most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. The company also offers a diverse range of industry essentials, including oleochemicals, castor oil and its derivatives, and de-oiled cakes. The company's products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups. The company sells its entire range of packed products under the following brands: Fortune, King's, Raag, Bullet, Fryola, Jubilee, Aadhaar, and VIVO.

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