Naturo Indiabull (BOM:543579) Receivables Turnover : 1.89 (As of Sep. 2023)

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What is Naturo Indiabull 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. Naturo Indiabull's Revenue for the six months ended in Sep. 2023 was ₹287.3 Mil. Naturo Indiabull's average Accounts Receivable for the six months ended in Sep. 2023 was ₹152.2 Mil. Hence, Naturo Indiabull's Receivables Turnover for the six months ended in Sep. 2023 was 1.89.

Naturo Indiabull Receivables Turnover Historical Data

The historical data trend for Naturo Indiabull'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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Naturo Indiabull Receivables Turnover Chart

Naturo Indiabull Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

1.54

1.09

1.86

2.69

Naturo Indiabull Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial			-	-	0.83	1.20	1.89

Competitive Comparison of Naturo Indiabull's Receivables Turnover

For the Household & Personal Products subindustry, Naturo Indiabull'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.

Naturo Indiabull's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Naturo Indiabull's Receivables Turnover falls into.

Naturo Indiabull Receivables Turnover Calculation

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

Naturo Indiabull's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	161.623	/ (	(42.06	+	77.931)	/	2 )
=	161.623	/	59.9955
=	2.69

Naturo Indiabull's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	287.306	/ (	(77.931	+	226.464)	/	2 )
=	287.306	/	152.1975
=	1.89

Naturo Indiabull (BOM:543579) 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.

Naturo Indiabull Receivables Turnover Related Terms

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Naturo Indiabull (BOM:543579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naturo Indiabull Ltd (BOM:543579) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Feet Bye-Pass, 1st Floor, 51, Lohiya Colony, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.naturoindiabull.com

Naturo Indiabull Ltd is in the business of the fast-moving consumer goods industry. The brand purchases a variety of products from manufacturers and sells them in its own brand directly to wholesellers and through agents. It carries on the business of garments, textiles, jewellery, FMCG, Real Estate, Stone-Mines, Herbal Products, Automobile, Printing, Share Trading, providing education, Agriculture Seeds and Fertilizers, Hospitality, and Food items. It also trades in various health products and kits including sanitary towels, sanitary napkins, hand sanitiser, and other health kits.

Naturo Indiabull (BOM:543579) Headlines

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