D K Enterprises Global (NSE:DKEGL) Receivables Turnover : 5.16 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is D K Enterprises Global 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. D K Enterprises Global's Revenue for the six months ended in Sep. 2023 was ₹764 Mil. D K Enterprises Global's average Accounts Receivable for the six months ended in Sep. 2023 was ₹148 Mil. Hence, D K Enterprises Global's Receivables Turnover for the six months ended in Sep. 2023 was 5.16.

D K Enterprises Global Receivables Turnover Historical Data

The historical data trend for D K Enterprises Global'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.

D K Enterprises Global Receivables Turnover Chart

D K Enterprises Global Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

8.87

10.79

11.06

11.68

D K Enterprises Global Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial			5.57	5.50	7.14	4.88	5.16

Competitive Comparison of D K Enterprises Global's Receivables Turnover

For the Packaging & Containers subindustry, D K Enterprises Global'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.

D K Enterprises Global's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, D K Enterprises Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where D K Enterprises Global's Receivables Turnover falls into.

D K Enterprises Global Receivables Turnover Calculation

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

D K Enterprises Global'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 )
=	1384.816	/ (	(99.329	+	137.86)	/	2 )
=	1384.816	/	118.5945
=	11.68

D K Enterprises Global'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 )
=	764.124	/ (	(137.86	+	158.149)	/	2 )
=	764.124	/	148.0045
=	5.16

D K Enterprises Global (NSE:DKEGL) 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.

D K Enterprises Global Receivables Turnover Related Terms

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

D K Enterprises Global (NSE:DKEGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » D K Enterprises Global Ltd (NSE:DKEGL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Number - 235, Industrial Area Phase-2, Panchkula, HR, IND, 134109

Website

https://www.dkenterprises.co.in

D K Enterprises Global Ltd manufactures paper-based packaging materials, self-adhesive tapes, and laminated products. The company operates in the business segment of BOPP Tape & laminates and Corrugated boxes & sleeve rolls. The company generates revenue from the BOPP tape and Laminates segment.

D K Enterprises Global (NSE:DKEGL) Headlines

No Headlines