Annapurna Swadisht (NSE:ANNAPURNA) Receivables Turnover : 6.15 (As of Sep. 2023)

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What is Annapurna Swadisht 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. Annapurna Swadisht's Revenue for the six months ended in Sep. 2023 was ₹1,311 Mil. Annapurna Swadisht's average Accounts Receivable for the six months ended in Sep. 2023 was ₹213 Mil. Hence, Annapurna Swadisht's Receivables Turnover for the six months ended in Sep. 2023 was 6.15.

Annapurna Swadisht Receivables Turnover Historical Data

The historical data trend for Annapurna Swadisht'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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Annapurna Swadisht Receivables Turnover Chart

Annapurna Swadisht Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

32.62

29.40

12.28

Annapurna Swadisht Semi-Annual Data
	Mar20	Mar21	Sep21	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial			-	25.36	7.38	6.58	6.15

Competitive Comparison of Annapurna Swadisht's Receivables Turnover

For the Packaged Foods subindustry, Annapurna Swadisht'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.

Annapurna Swadisht's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Annapurna Swadisht's Receivables Turnover falls into.

Annapurna Swadisht Receivables Turnover Calculation

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

Annapurna Swadisht'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 )
=	1601.749	/ (	(62.594	+	198.345)	/	2 )
=	1601.749	/	130.4695
=	12.28

Annapurna Swadisht'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 )
=	1311.35	/ (	(198.345	+	228.415)	/	2 )
=	1311.35	/	213.38
=	6.15

Annapurna Swadisht (NSE:ANNAPURNA) 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.

Annapurna Swadisht Receivables Turnover Related Terms

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Annapurna Swadisht (NSE:ANNAPURNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Annapurna Swadisht Ltd (NSE:ANNAPURNA) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Jawaharlal Nehru Road, Chatterjee International Building, 13th Floor, Unit No. A01 and A02, 33A, Kolkata, WB, IND, 700071

Website

https://www.annapurnasnacks.in

Annapurna Swadisht Ltd is a manufacturer of snacks and food products, namely, Fryums, cakes, candy, namkeen, chips, and Gohona Bori. It sells more than 12 Lakh packets of products daily. The company's products are marketed under its own brand names Jackpot, Chatpata Moon, Balloon, Finger, Rambo, Makeup Box, Dhamaka, Phoochka, Jungle Adventures, Ringa, Bachpan Ka Pyaar, Kurchure, Cream Filled Cake Vanilla, Cream Filled Cake Litchi, among others. The company operates only in one segment, namely the manufacturing of food products.

Annapurna Swadisht (NSE:ANNAPURNA) Headlines

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