Bata India (NSE:BATAINDIA) Receivables Turnover : 9.96 (As of Mar. 2024)

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What is Bata India 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. Bata India's Revenue for the three months ended in Mar. 2024 was ₹7,979 Mil. Bata India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹801 Mil. Hence, Bata India's Receivables Turnover for the three months ended in Mar. 2024 was 9.96.

Bata India Receivables Turnover Historical Data

The historical data trend for Bata India'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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Bata India Receivables Turnover Chart

Bata India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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47.13

23.95

31.60

44.75

42.76

Bata India 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															9.43	11.61	8.15	8.99	9.96

Competitive Comparison of Bata India's Receivables Turnover

For the Footwear & Accessories subindustry, Bata India'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.

Bata India's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bata India's Receivables Turnover falls into.

Bata India Receivables Turnover Calculation

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

Bata India'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 )
=	34786.1	/ (	(825.54	+	801.32)	/	2 )
=	34786.1	/	813.43
=	42.76

Bata India'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 )
=	7978.71	/ (	(0	+	801.32)	/	1 )
=	7978.71	/	801.32
=	9.96

Bata India (NSE:BATAINDIA) 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.

Bata India Receivables Turnover Related Terms

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Bata India (NSE:BATAINDIA) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bata India Ltd (NSE:BATAINDIA) » Definitions » Receivables Turnover

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500043:India

Address

418/02, M.G. Road, Sector - 17, Bata House, Opposite MDI, Gurgaon, HR, IND, 122001

Website

https://www.bata.in

Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable Segment for the Company which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its thousands of Bata, Hush Puppies, and Footin retail stores and through its e-commerce channel. Bata generates nearly all its sales in India, mostly from footwear.

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