Asian Tea & Exports (BOM:519532) Receivables Turnover : 0.54 (As of Dec. 2023)

Asian Tea & Exports Receivables Turnover Chart

Asian Tea & Exports Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Receivables Turnover		Get a 7-Day Free Trial					18.20	18.26	9.66	3.57	1.27

Asian Tea & Exports Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.27	0.60	0.30	0.52	0.54

Competitive Comparison of Asian Tea & Exports's Receivables Turnover

For the Food Distribution subindustry, Asian Tea & Exports'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.

Asian Tea & Exports's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Asian Tea & Exports's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Asian Tea & Exports's Receivables Turnover falls into.

Asian Tea & Exports Receivables Turnover Calculation

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

Asian Tea & Exports's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asian Tea & Exports's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

* 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.

Asian Tea & Exports  (BOM:519532) 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.

Asian Tea & Exports Receivables Turnover Related Terms

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Asian Tea & Exports (BOM:519532) Business Description