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Deepak Fertilisers & Petrochemicals (BOM:500645) Receivables Turnover : 1.41 (As of Mar. 2024)


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What is Deepak Fertilisers & Petrochemicals 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. Deepak Fertilisers & Petrochemicals's Revenue for the three months ended in Mar. 2024 was ₹20,863 Mil. Deepak Fertilisers & Petrochemicals's average Accounts Receivable for the three months ended in Mar. 2024 was ₹14,758 Mil. Hence, Deepak Fertilisers & Petrochemicals's Receivables Turnover for the three months ended in Mar. 2024 was 1.41.


Deepak Fertilisers & Petrochemicals Receivables Turnover Historical Data

The historical data trend for Deepak Fertilisers & Petrochemicals'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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Deepak Fertilisers & Petrochemicals Receivables Turnover Chart

Deepak Fertilisers & Petrochemicals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.51 4.67 8.50 9.78 5.48

Deepak Fertilisers & Petrochemicals 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 1.65 1.37 1.94 1.48 1.41

Competitive Comparison of Deepak Fertilisers & Petrochemicals's Receivables Turnover

For the Chemicals subindustry, Deepak Fertilisers & Petrochemicals'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.


Deepak Fertilisers & Petrochemicals's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Deepak Fertilisers & Petrochemicals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Deepak Fertilisers & Petrochemicals's Receivables Turnover falls into.



Deepak Fertilisers & Petrochemicals Receivables Turnover Calculation

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

Deepak Fertilisers & Petrochemicals'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 )
=86760.9 / ((16905.3 + 14757.5) / 2 )
=86760.9 / 15831.4
=5.48

Deepak Fertilisers & Petrochemicals'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 )
=20862.8 / ((0 + 14757.5) / 1 )
=20862.8 / 14757.5
=1.41

* 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.


Deepak Fertilisers & Petrochemicals  (BOM:500645) 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.


Deepak Fertilisers & Petrochemicals Receivables Turnover Related Terms

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Deepak Fertilisers & Petrochemicals (BOM:500645) Business Description

Traded in Other Exchanges
Address
Sai Hira, Survey Number 93, Mundhwa, Pune, MH, IND, 411036
Deepak Fertilisers & Petrochemicals Corp Ltd carries on business in fertilizers, agri-services, bulk chemicals, mining chemicals, and value-added real estate. The segments of the company are Chemicals, Fertilizers, Realty, and others. The chemical products generate maximum revenue for the company which includes Ammonia, Methanol, and others. The group caters mainly to the needs of Indian markets.

Deepak Fertilisers & Petrochemicals (BOM:500645) Headlines

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