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KN Agri Resources (NSE:KNAGRI) Receivables Turnover : 6.89 (As of Sep. 2023)


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What is KN Agri Resources 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. KN Agri Resources's Revenue for the six months ended in Sep. 2023 was ₹6,369 Mil. KN Agri Resources's average Accounts Receivable for the six months ended in Sep. 2023 was ₹924 Mil. Hence, KN Agri Resources's Receivables Turnover for the six months ended in Sep. 2023 was 6.89.


KN Agri Resources Receivables Turnover Historical Data

The historical data trend for KN Agri Resources'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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KN Agri Resources Receivables Turnover Chart

KN Agri Resources Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
18.13 22.76 66.72 78.24 34.02

KN Agri Resources Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Receivables Turnover Get a 7-Day Free Trial 14.16 41.71 28.51 12.96 6.89

Competitive Comparison of KN Agri Resources's Receivables Turnover

For the Farm Products subindustry, KN Agri Resources'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.


KN Agri Resources's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where KN Agri Resources's Receivables Turnover falls into.



KN Agri Resources Receivables Turnover Calculation

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

KN Agri Resources'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 )
=22361.5 / ((129.4 + 1185.2) / 2 )
=22361.5 / 657.3
=34.02

KN Agri Resources'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 )
=6369.2 / ((1185.2 + 662.9) / 2 )
=6369.2 / 924.05
=6.89

* 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.


KN Agri Resources  (NSE:KNAGRI) 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.


KN Agri Resources Receivables Turnover Related Terms

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KN Agri Resources (NSE:KNAGRI) Business Description

Traded in Other Exchanges
N/A
Address
B1 - 506, Marathon Nextgen Innova, Opposite Peninsula Corporate Park, Lower Parel, Mumbai, MH, IND, 400013
KN Agri Resources Ltd is an agro-based company, involved in the business of solvent extraction and oil refining and trading of various agro-commodities. The wide range of processed and manufactured products includes soya de-oiled cake, Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cottonseed oil, refined rapeseed oil, and rapeseed de-oiled cake. Its segment includes Agro Product and Power. Under the agro-commodities business, the company trade in various agro commodities such as maize, gram, pulses, sugar, soyabean, wheat, and other.

KN Agri Resources (NSE:KNAGRI) Headlines

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