Bikaji Foods International (BOM:543653) Receivables Turnover : 5.03 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Bikaji Foods International 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. Bikaji Foods International's Revenue for the three months ended in Mar. 2024 was ₹5,208 Mil. Bikaji Foods International's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,035 Mil. Hence, Bikaji Foods International's Receivables Turnover for the three months ended in Mar. 2024 was 5.03.

Bikaji Foods International Receivables Turnover Historical Data

The historical data trend for Bikaji Foods International'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.

Bikaji Foods International Receivables Turnover Chart

Bikaji Foods International Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

25.70

29.39

26.66

25.75

24.45

Bikaji Foods International Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial								5.83	6.08	5.12	5.25	5.03

Competitive Comparison of Bikaji Foods International's Receivables Turnover

For the Packaged Foods subindustry, Bikaji Foods International'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.

Bikaji Foods International's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Bikaji Foods International's Receivables Turnover falls into.

Bikaji Foods International Receivables Turnover Calculation

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

Bikaji Foods International'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 )
=	22344.092	/ (	(792.042	+	1035.438)	/	2 )
=	22344.092	/	913.74
=	24.45

Bikaji Foods International'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 )
=	5208.259	/ (	(0	+	1035.438)	/	1 )
=	5208.259	/	1035.438
=	5.03

Bikaji Foods International (BOM:543653) 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.

Bikaji Foods International Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Bikaji Foods International's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Bikaji Foods International (BOM:543653) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bikaji Foods International Ltd (BOM:543653) » Definitions » Receivables Turnover

Traded in Other Exchanges

BIKAJI:India

Address

Karni Extension, RIICO Industrial Area, Plot No. E-558-561, C -569-572, E - 573-577, F-585-592, Bikaner, RJ, IND, 334 004

Website

https://www.bikaji.com

Bikaji Foods International Ltd is a fast-moving consumer goods (FMCG) brand with an international footprint, selling Indian snacks and sweets. Its product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily includes gift packs (assortment), frozen food, mathri range and cookies. The company has exported its products to international countries, including countries in North America, Europe, Middle East, Africa, and Asia Pacific.

Bikaji Foods International (BOM:543653) Headlines

No Headlines