Campus Activewear (NSE:CAMPUS) Receivables Turnover : 3.33 (As of Dec. 2023)

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What is Campus Activewear 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. Campus Activewear's Revenue for the three months ended in Dec. 2023 was ₹4,720 Mil. Campus Activewear's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,417 Mil. Hence, Campus Activewear's Receivables Turnover for the three months ended in Dec. 2023 was 3.33.

Campus Activewear Receivables Turnover Historical Data

The historical data trend for Campus Activewear'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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Campus Activewear Receivables Turnover Chart

Campus Activewear Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

3.67

4.78

5.87

10.30

9.57

Campus Activewear Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial										2.58	1.97	2.00	1.82	3.33

Competitive Comparison of Campus Activewear's Receivables Turnover

For the Footwear & Accessories subindustry, Campus Activewear'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.

Campus Activewear's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Campus Activewear's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Campus Activewear's Receivables Turnover falls into.

Campus Activewear Receivables Turnover Calculation

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

Campus Activewear'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 )
=	14842.5	/ (	(1336.8	+	1766.48)	/	2 )
=	14842.5	/	1551.64
=	9.57

Campus Activewear's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	4720.1	/ (	(1417.4	+	0)	/	1 )
=	4720.1	/	1417.4
=	3.33

Campus Activewear (NSE:CAMPUS) 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.

Campus Activewear Receivables Turnover Related Terms

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Campus Activewear (NSE:CAMPUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Campus Activewear Ltd (NSE:CAMPUS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

543523:India

Address

DLF Cyberpark, Block B, First Floor, Sector- 20, Udyog Vihar, Phase III, Gurugram, HR, IND, 122016

Website

https://www.campusactivewear.com

Campus Activewear Ltd is a sports and athleisure footwear brand. The company manufactures and distributes a variety of footwear like Running Shoes, Walking Shoes, Casual Shoes, Floaters, Slippers, Flip Flops, and Sandals, available in multiple colors, and styles and at affordable prices. It operates as the single operating segment that is Footwear and Accessories. Geographically it works both within India and Outside India.

Campus Activewear (NSE:CAMPUS) Headlines

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