E I D Parry India (BOM:500125) Receivables Turnover : 3.83 (As of Dec. 2024)

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What is E I D Parry India 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. E I D Parry India's Revenue for the three months ended in Dec. 2024 was ₹87,204 Mil. E I D Parry India's average Accounts Receivable for the three months ended in Dec. 2024 was ₹22,762 Mil. Hence, E I D Parry India's Receivables Turnover for the three months ended in Dec. 2024 was 3.83.

E I D Parry India Receivables Turnover Historical Data

The historical data trend for E I D Parry India'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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E I D Parry India Receivables Turnover Chart

E I D Parry India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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6.55

10.15

23.21

29.86

16.02

E I D Parry India Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															4.65	-	3.68	4.10	3.83

Competitive Comparison of E I D Parry India's Receivables Turnover

For the Agricultural Inputs subindustry, E I D Parry India'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.

E I D Parry India's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, E I D Parry India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where E I D Parry India's Receivables Turnover falls into.

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E I D Parry India Receivables Turnover Calculation

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

E I D Parry India'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 )
=	211946	/ (	(8119.5	+	18346)	/	2 )
=	211946	/	13232.75
=	16.02

E I D Parry India's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	87203.5	/ (	(22762.2	+	0)	/	1 )
=	87203.5	/	22762.2
=	3.83

E I D Parry India (BOM:500125) 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.

E I D Parry India Receivables Turnover Related Terms

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E I D Parry India Business Description

Industry

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EIDPARRY:India

Address

NSC Bose Road, Parrys Corner, Dare House, New No. 2, Old 234, Chennai, TN, IND, 600 001

Website

https://www.eidparry.com

E I D Parry India Ltd is a sugar producer headquartered in India. The company operates through four operating segments: sugar, cogeneration, distillery, and nutraceuticals. The sugar business produces sugar from the crushing of sugarcane and generates a major part of the revenue for the company. The co-generation business produces bagasse, a byproduct of sugarcane, which is used in generating power. The distillery segment produces ethanol from molasses, a byproduct of sugarcane, which is then blended with gasoline for powering vehicles. The nutraceuticals unit produces organic products that target the human health and wellness market. The company has operations that span North America, Europe, India, and other regions of the world.

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