United Breweries (BOM:532478) Receivables Turnover : 0.92 (As of Mar. 2024)

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What is United Breweries 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. United Breweries's Revenue for the three months ended in Mar. 2024 was ₹21,334 Mil. United Breweries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹23,138 Mil. Hence, United Breweries's Receivables Turnover for the three months ended in Mar. 2024 was 0.92.

United Breweries Receivables Turnover Historical Data

The historical data trend for United Breweries'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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United Breweries Receivables Turnover Chart

United Breweries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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4.38

2.96

4.23

5.63

4.37

United Breweries 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															1.25	1.62	1.32	1.28	0.92

Competitive Comparison of United Breweries's Receivables Turnover

For the Beverages - Brewers subindustry, United Breweries'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.

United Breweries's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where United Breweries's Receivables Turnover falls into.

United Breweries Receivables Turnover Calculation

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

United Breweries'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 )
=	81226.8	/ (	(14073.2	+	23138.4)	/	2 )
=	81226.8	/	18605.8
=	4.37

United Breweries'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 )
=	21333.8	/ (	(0	+	23138.4)	/	1 )
=	21333.8	/	23138.4
=	0.92

United Breweries (BOM:532478) 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.

United Breweries Receivables Turnover Related Terms

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United Breweries (BOM:532478) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » United Breweries Ltd (BOM:532478) » Definitions » Receivables Turnover

Traded in Other Exchanges

UBL:India

Address

No. 24 Vittal Mallya Road, UB Tower, UB City, Bengaluru, KA, IND, 560 001

Website

https://www.unitedbreweries.com

United Breweries Ltd brews and sells beer and flavored malt beverages in India. The company has dozens of production facilities in India, and it licenses its brands to be manufactured in the United Kingdom, Australia, and New Zealand for sale worldwide. The company's flagship brand is Kingfisher, which is prominent in India and is sold in dozens of countries around the world. It has two segments Beer and Non-alcoholic beverages. It derives the majority of its revenue from the Beer segment. The company's other brands include Bullet, Cannon 10000, Kalyani, UB Export, Zingaroo, and London Pilsner. United Breweries also sells the Heineken brand in India.

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