India Pesticides (BOM:543311) Receivables Turnover : 0.54 (As of Dec. 2023)

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

What is India Pesticides 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. India Pesticides's Revenue for the three months ended in Dec. 2023 was ₹1,507 Mil. India Pesticides's average Accounts Receivable for the three months ended in Dec. 2023 was ₹2,765 Mil. Hence, India Pesticides's Receivables Turnover for the three months ended in Dec. 2023 was 0.54.

India Pesticides Receivables Turnover Historical Data

The historical data trend for India Pesticides'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.

India Pesticides Receivables Turnover Chart

India Pesticides Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

1.91

2.65

3.23

3.07

3.46

India Pesticides Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial										0.76	0.74	0.77	0.73	0.54

Competitive Comparison of India Pesticides's Receivables Turnover

For the Agricultural Inputs subindustry, India Pesticides'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.

India Pesticides's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, India Pesticides's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where India Pesticides's Receivables Turnover falls into.

India Pesticides Receivables Turnover Calculation

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

India Pesticides'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 )
=	8818.49	/ (	(2479.26	+	2620.71)	/	2 )
=	8818.49	/	2549.985
=	3.46

India Pesticides'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 )
=	1506.8	/ (	(2765.4	+	0)	/	1 )
=	1506.8	/	2765.4
=	0.54

India Pesticides (BOM:543311) 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.

India Pesticides Receivables Turnover Related Terms

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

India Pesticides (BOM:543311) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » India Pesticides Ltd (BOM:543311) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

IPL:India

Address

Water Works Road, Swarup Cold Storage Compound, Aishbagh, Lucknow, UP, IND, 226 004

Website

https://www.indiapesticideslimited.com

India Pesticides Ltd is an agrochemical manufacturer in India. The company operates in Agro chemicals as its main business segment. The company's technical includes Fungicides and Herbicides. Geographically the company derives revenue from India and foreign countries.

India Pesticides (BOM:543311) Headlines

No Headlines