GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Dangee Dums Ltd (NSE:DANGEE) » Definitions » Receivables Turnover

Dangee Dums (NSE:DANGEE) Receivables Turnover : 26.08 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Dangee Dums 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. Dangee Dums's Revenue for the three months ended in Dec. 2023 was ₹69.0 Mil. Dangee Dums's average Accounts Receivable for the three months ended in Dec. 2023 was ₹2.6 Mil. Hence, Dangee Dums's Receivables Turnover for the three months ended in Dec. 2023 was 26.08.


Dangee Dums Receivables Turnover Historical Data

The historical data trend for Dangee Dums'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.

Dangee Dums Receivables Turnover Chart

Dangee Dums Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.30 19.03 8.16 22.09 138.23

Dangee Dums Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.22 37.11 34.86 24.18 26.08

Competitive Comparison of Dangee Dums's Receivables Turnover

For the Restaurants subindustry, Dangee Dums'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.


Dangee Dums's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Dangee Dums's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dangee Dums's Receivables Turnover falls into.



Dangee Dums Receivables Turnover Calculation

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

Dangee Dums'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 )
=255.308 / ((2.057 + 1.637) / 2 )
=255.308 / 1.847
=138.23

Dangee Dums's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=69.006 / ((2.646 + 0) / 1 )
=69.006 / 2.646
=26.08

* 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.


Dangee Dums  (NSE:DANGEE) 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.


Dangee Dums Receivables Turnover Related Terms

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


Dangee Dums (NSE:DANGEE) Business Description

Traded in Other Exchanges
N/A
Address
Near Sardar Patel Colony, 4/A, Ketan Society, Naranpura, Ahmedabad, GJ, IND, 380 014
Dangee Dums Ltd is an India based company engaged in the production, sales, and distribution of its products including cakes, pastries, and ice cream. It sells its products to retail consumers under the brand name DaNGEE DuMS through its self-operated outlets. The company also sells bakery products like cookies, nachos, and beverages like soda.

Dangee Dums (NSE:DANGEE) Headlines

No Headlines