Dawood Hercules (KAR:DAWH) Receivables Turnover : 2.36 (As of Mar. 2024)

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What is Dawood Hercules 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. Dawood Hercules's Revenue for the three months ended in Mar. 2024 was ₨104,300 Mil. Dawood Hercules's average Accounts Receivable for the three months ended in Mar. 2024 was ₨44,278 Mil. Hence, Dawood Hercules's Receivables Turnover for the three months ended in Mar. 2024 was 2.36.

Dawood Hercules Receivables Turnover Historical Data

The historical data trend for Dawood Hercules'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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Dawood Hercules Receivables Turnover Chart

Dawood Hercules Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.41

4.88

5.73

5.50

6.58

Dawood Hercules 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															1.24	1.29	1.82	1.94	2.36

Competitive Comparison of Dawood Hercules's Receivables Turnover

For the Agricultural Inputs subindustry, Dawood Hercules'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.

Dawood Hercules's Receivables Turnover Distribution in the Agriculture Industry

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

* The bar in red indicates where Dawood Hercules's Receivables Turnover falls into.

Dawood Hercules Receivables Turnover Calculation

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

Dawood Hercules's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	482488.902	/ (	(71195.463	+	75497.556)	/	2 )
=	482488.902	/	73346.5095
=	6.58

Dawood Hercules'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 )
=	104299.728	/ (	(75497.556	+	13058.874)	/	2 )
=	104299.728	/	44278.215
=	2.36

Dawood Hercules (KAR:DAWH) 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.

Dawood Hercules Receivables Turnover Related Terms

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Dawood Hercules (KAR:DAWH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Dawood Hercules Corp Ltd (KAR:DAWH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

M.T. Khan Road, Dawood Centre, Karachi, SD, PAK, 75530

Website

https://www.dawoodhercules.com

Dawood Hercules Corp Ltd is in the business of energy, agriculture, and food. It manages investments in its subsidiaries and associated companies. The company's segments are Fertilizer, Polymer, Terminal, Power and Mining, Connectivity and Telcom and other Operating segments. The segment's activities include manufacturing, purchasing, marketing and selling fertilizers, Poly Vinyl Chloride, PVC compounds, Caustic soda and related chemicals, dairy products beverages, ice cream, frozen desserts and other products, promotion of its own brands such as Engro, Zarkhez, Zingro, EngroDAP and Envy, import and sale phosphate products, power generation, distribution transmission and sale of electricity, operating a terminal and management of investments.

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