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Rajshree Polypack (NSE:RPPL) Receivables Turnover : 3.46 (As of Sep. 2023)


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What is Rajshree Polypack 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. Rajshree Polypack's Revenue for the six months ended in Sep. 2023 was ₹1,402 Mil. Rajshree Polypack's average Accounts Receivable for the six months ended in Sep. 2023 was ₹405 Mil. Hence, Rajshree Polypack's Receivables Turnover for the six months ended in Sep. 2023 was 3.46.


Rajshree Polypack Receivables Turnover Historical Data

The historical data trend for Rajshree Polypack'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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Rajshree Polypack Receivables Turnover Chart

Rajshree Polypack 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 5.98 5.85 5.25 7.12 7.18

Rajshree Polypack Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 3.67 3.48 3.77 2.85 3.46

Competitive Comparison of Rajshree Polypack's Receivables Turnover

For the Packaging & Containers subindustry, Rajshree Polypack'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.


Rajshree Polypack's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rajshree Polypack's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Rajshree Polypack's Receivables Turnover falls into.



Rajshree Polypack Receivables Turnover Calculation

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

Rajshree Polypack'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 )
=2506.9 / ((291.207 + 406.841) / 2 )
=2506.9 / 349.024
=7.18

Rajshree Polypack's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=1401.932 / ((406.841 + 403.014) / 2 )
=1401.932 / 404.9275
=3.46

* 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.


Rajshree Polypack  (NSE:RPPL) 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.


Rajshree Polypack Receivables Turnover Related Terms

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Rajshree Polypack (NSE:RPPL) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, Road No. 22, Kishan Nagar, Unit No. 502, Lodha Supremus, Near New Passport Office, Wagle Estate, Thane (West), Thane, MH, IND, 400 604
Rajshree Polypack Ltd is engaged in the business of manufacturing and trading Thermoformed packaging products. Geographically, it has a presence in India and Outside India, of which it derives a majority of revenue from India. The company's product category includes Plastic rigid sheets and Thermoformed products. It serves dairy, beverages, FMCG, QSR, retails, pharmaceuticals, and the electronics sector.

Rajshree Polypack (NSE:RPPL) Headlines

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