KCK Industries (NSE:KCK) Receivables Turnover : 17.67 (As of Mar. 2023)

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What is KCK Industries 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. KCK Industries's Revenue for the six months ended in Mar. 2023 was ₹660.3 Mil. KCK Industries's average Accounts Receivable for the six months ended in Mar. 2023 was ₹37.4 Mil. Hence, KCK Industries's Receivables Turnover for the six months ended in Mar. 2023 was 17.67.

KCK Industries Receivables Turnover Historical Data

The historical data trend for KCK Industries'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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KCK Industries Receivables Turnover Chart

KCK Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

3.58

3.45

2.34

6.41

20.53

KCK Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Receivables Turnover	Get a 7-Day Free Trial			-	1.42	7.27	5.07	17.67

Competitive Comparison of KCK Industries's Receivables Turnover

For the Textile Manufacturing subindustry, KCK Industries'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.

KCK Industries's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where KCK Industries's Receivables Turnover falls into.

KCK Industries Receivables Turnover Calculation

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

KCK Industries'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 )
=	949.237	/ (	(65.916	+	26.575)	/	2 )
=	949.237	/	46.2455
=	20.53

KCK Industries's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

	Receivables Turnover (Q: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	660.336	/ (	(48.158	+	26.575)	/	2 )
=	660.336	/	37.3665
=	17.67

KCK Industries (NSE:KCK) 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.

KCK Industries Receivables Turnover Related Terms

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KCK Industries (NSE:KCK) Business Description

Industry

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

Traded in Other Exchanges

N/A

Address

Village Khokhar Kalan, Lehragaga, District Sangrur, Sangrur, PB, IND, 148031

Website

https://www.kckindustriesltd.com

KCK Industries Ltd is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns in single and multifold and knitted fabrics. Its trading business also includes trading and distribution of high-quality chemicals and dyes for the textiles industry, leather, and paper industries. It also deals in Construction Chemicals. It supplies a diverse product portfolio in the chemicals and dyes segment. Its segments include the Trading segment and the Manufacturing / Processing Segment. It derives the majority of the revenue from Manufacturing / Processing Segment that engages in processing the non-basmati and basmati rice.

KCK Industries (NSE:KCK) Headlines

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