Nath Industries (BOM:502587) Receivables Turnover : 1.57 (As of Mar. 2024)

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What is Nath 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. Nath Industries's Revenue for the three months ended in Mar. 2024 was ₹784 Mil. Nath Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹498 Mil. Hence, Nath Industries's Receivables Turnover for the three months ended in Mar. 2024 was 1.57.

Nath Industries Receivables Turnover Historical Data

The historical data trend for Nath 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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Nath Industries Receivables Turnover Chart

Nath Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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9.13

5.88

7.15

6.88

6.11

Nath Industries 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															1.62	1.52	1.41	1.33	1.57

Competitive Comparison of Nath Industries's Receivables Turnover

For the Paper & Paper Products subindustry, Nath 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.

Nath Industries's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nath Industries's Receivables Turnover distribution charts can be found below:

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

Nath Industries Receivables Turnover Calculation

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

Nath Industries'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 )
=	3209.503	/ (	(551.812	+	498.238)	/	2 )
=	3209.503	/	525.025
=	6.11

Nath Industries'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 )
=	783.988	/ (	(0	+	498.238)	/	1 )
=	783.988	/	498.238
=	1.57

Nath Industries (BOM:502587) 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.

Nath Industries Receivables Turnover Related Terms

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Nath Industries (BOM:502587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nath Industries Ltd (BOM:502587) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

86, Veer Nariman Road, 1, Chateau Windsor, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.nathindustries.com

Nath Industries Ltd is engaged in the manufacturing of Papers and its related products. It produces various specialty and industrial grades of papers used for various decorative, Multipart stationery, Gift wrapping, and Packing. The company's product mix includes various grades of paper such as Absorbent Kraft, Writing and Printing Paper, Carbon Base, Poster, Napkin grade tissue, Gift Wrapping Tissue, Color Tissues, Masking Paper, and Protection paper. Its segments include Paper and Industrial Chemicals. It generates maximum revenue from the Paper segment.

Nath Industries (BOM:502587) Headlines

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