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Khaitan Chemicals & Fertilizers (BOM:507794) Receivables Turnover : 2.06 (As of Dec. 2023)


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What is Khaitan Chemicals & Fertilizers 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. Khaitan Chemicals & Fertilizers's Revenue for the three months ended in Dec. 2023 was ₹1,274 Mil. Khaitan Chemicals & Fertilizers's average Accounts Receivable for the three months ended in Dec. 2023 was ₹618 Mil. Hence, Khaitan Chemicals & Fertilizers's Receivables Turnover for the three months ended in Dec. 2023 was 2.06.


Khaitan Chemicals & Fertilizers Receivables Turnover Historical Data

The historical data trend for Khaitan Chemicals & Fertilizers'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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Khaitan Chemicals & Fertilizers Receivables Turnover Chart

Khaitan Chemicals & Fertilizers 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 4.73 7.77 9.90 20.18 17.22

Khaitan Chemicals & Fertilizers Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 4.18 2.79 2.51 3.13 2.06

Competitive Comparison of Khaitan Chemicals & Fertilizers's Receivables Turnover

For the Agricultural Inputs subindustry, Khaitan Chemicals & Fertilizers'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.


Khaitan Chemicals & Fertilizers's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Khaitan Chemicals & Fertilizers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Khaitan Chemicals & Fertilizers's Receivables Turnover falls into.



Khaitan Chemicals & Fertilizers Receivables Turnover Calculation

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

Khaitan Chemicals & Fertilizers'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 )
=8878.161 / ((380.171 + 650.855) / 2 )
=8878.161 / 515.513
=17.22

Khaitan Chemicals & Fertilizers'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 )
=1273.935 / ((618.365 + 0) / 1 )
=1273.935 / 618.365
=2.06

* 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.


Khaitan Chemicals & Fertilizers  (BOM:507794) 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.


Khaitan Chemicals & Fertilizers Receivables Turnover Related Terms

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Khaitan Chemicals & Fertilizers (BOM:507794) Business Description

Traded in Other Exchanges
Address
Nipania Main Road, The B Zone, 7th Floor, Pipliya Kumar, Indore, MP, IND, 453771
Khaitan Chemicals & Fertilizers Ltd is a manufacturer of straight inorganic fertilizers. The company is mainly engaged in the manufacturing of Single Super Phosphate, Sulphuric Acid, and Soya Edible Oil. The segments of the group are Fertilizers and Chemicals and Speciality Chemicals, and others. The products of the company are sold under the brand name Khaitan and Utsav. The Fertilizer and Chemical division of the company is the main contributor to the company's turnover.

Khaitan Chemicals & Fertilizers (BOM:507794) Headlines

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