UPL (NSE:UPL) Receivables Turnover : 0.86 (As of Mar. 2024)

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What is UPL 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. UPL's Revenue for the three months ended in Mar. 2024 was ₹140,780 Mil. UPL's average Accounts Receivable for the three months ended in Mar. 2024 was ₹163,540 Mil. Hence, UPL's Receivables Turnover for the three months ended in Mar. 2024 was 0.86.

UPL Receivables Turnover Historical Data

The historical data trend for UPL'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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UPL Receivables Turnover Chart

UPL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.01

3.14

3.23

3.14

2.49

UPL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.91	0.49	0.56	0.54	0.86

Competitive Comparison of UPL's Receivables Turnover

For the Agricultural Inputs subindustry, UPL'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.

UPL's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, UPL's Receivables Turnover distribution charts can be found below:

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

UPL Receivables Turnover Calculation

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

UPL's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	430980	/ (	(182820	+	163540)	/	2 )
=	430980	/	173180
=	2.49

UPL's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	140780	/ (	(0	+	163540)	/	1 )
=	140780	/	163540
=	0.86

UPL (NSE:UPL) 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.

UPL Receivables Turnover Related Terms

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UPL (NSE:UPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » UPL Ltd (NSE:UPL) » Definitions » Receivables Turnover

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512070:India UPLL:UK

Address

UPL House, 610 B/2, Bandra Village, Off Western Express Highway, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.upl-ltd.com

UPL Ltd is a global crop protection and seed company with product sales to the agricultural industry. The Company derives revenue primarily from sale of agro-chemicals, seeds and other products. The firm's crop protection portfolio includes fungicides, herbicides, insecticides, plant growth regulators rodenticides, and specialty crop chemicals. The firm's seed products consist of nutri-feeds, seeds, and seed treatment products. UPL competes on price with the manufacture and sale of generic products. UPL generates its revenue worldwide, with sales in over 120 countries, and derives the largest share of its revenue in India. The firm sells its products through a distribution network in each region.

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