Unga Group (NAI:UNGA) Receivables Turnover : 10.37 (As of Jun. 2023)

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

What is Unga Group 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. Unga Group's Revenue for the six months ended in Jun. 2023 was KES24,051 Mil. Unga Group's average Accounts Receivable for the six months ended in Jun. 2023 was KES2,320 Mil. Hence, Unga Group's Receivables Turnover for the six months ended in Jun. 2023 was 10.37.

Unga Group Receivables Turnover Historical Data

The historical data trend for Unga Group'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.

Unga Group Receivables Turnover Chart

Unga Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

16.94

16.51

15.52

9.97

10.37

Unga Group Semi-Annual Data
	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Receivables Turnover	Get a 7-Day Free Trial										16.94	16.51	15.52	9.97	10.37

Competitive Comparison of Unga Group's Receivables Turnover

For the Packaged Foods subindustry, Unga Group'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.

Unga Group's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unga Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Unga Group's Receivables Turnover falls into.

Unga Group Receivables Turnover Calculation

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

Unga Group's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	24051.024	/ (	(2299.335	+	2341.094)	/	2 )
=	24051.024	/	2320.2145
=	10.37

Unga Group's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	24051.024	/ (	(2299.335	+	2341.094)	/	2 )
=	24051.024	/	2320.2145
=	10.37

Unga Group (NAI:UNGA) 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.

Unga Group Receivables Turnover Related Terms

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

Unga Group (NAI:UNGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Unga Group PLC (NAI:UNGA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 209/6841, Ngano House, Commercial Street, P.O. Box 30096, Industrial Area, Nairobi, KEN, 00100

Website

https://www.unga-group.com

Unga Group PLC is engaged in the manufacturing and marketing milling of wheat and maize, baking and animal nutrition products, and the distribution of animal health products. The company's operating segments include Human Nutrition and Animal nutrition and health. It generates maximum revenue from the Animal nutrition and health segment. The Animal nutrition and health segment provide animal feed and mineral supplement products. In addition, it is also involved in the distribution of animal health products. The Human nutrition segment produces products for human consumption.

Unga Group (NAI:UNGA) Headlines

No Headlines