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Ibrahim Fibres (KAR:IBFL) Receivables Turnover : 12.06 (As of Mar. 2024)


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What is Ibrahim Fibres 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. Ibrahim Fibres's Revenue for the three months ended in Mar. 2024 was ₨33,772 Mil. Ibrahim Fibres's average Accounts Receivable for the three months ended in Mar. 2024 was ₨2,801 Mil. Hence, Ibrahim Fibres's Receivables Turnover for the three months ended in Mar. 2024 was 12.06.


Ibrahim Fibres Receivables Turnover Historical Data

The historical data trend for Ibrahim Fibres'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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Ibrahim Fibres Receivables Turnover Chart

Ibrahim Fibres Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.81 68.35 70.97 74.06 50.03

Ibrahim Fibres 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 14.34 13.00 15.27 13.44 12.06

Competitive Comparison of Ibrahim Fibres's Receivables Turnover

For the Textile Manufacturing subindustry, Ibrahim Fibres'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.


Ibrahim Fibres's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ibrahim Fibres's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ibrahim Fibres's Receivables Turnover falls into.



Ibrahim Fibres Receivables Turnover Calculation

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

Ibrahim Fibres's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=119761.927 / ((1992.226 + 2795.439) / 2 )
=119761.927 / 2393.8325
=50.03

Ibrahim Fibres'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 )
=33772.238 / ((2795.439 + 2805.849) / 2 )
=33772.238 / 2800.644
=12.06

* 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.


Ibrahim Fibres  (KAR:IBFL) 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.


Ibrahim Fibres Receivables Turnover Related Terms

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Ibrahim Fibres (KAR:IBFL) Business Description

Traded in Other Exchanges
N/A
Address
15 - Club Road, Ibrahim Centre, Faisalabad, PB, PAK, 38000
Ibrahim Fibres Ltd is engaged in Textile manufacturing. Its activities include Polyester Yarn production, Polyester Staple Fibre Production, Financial Services, and Energy. Its Polyester Plants produce a wide range of Polyester Staple Fibre (PSF) in different varieties, lusters, cut lengths, and fineness.

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