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Riga Sugar Co (BOM:507508) Receivables Turnover : 0.00 (As of Mar. 2022)


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What is Riga Sugar Co 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. Riga Sugar Co's Revenue for the three months ended in Mar. 2022 was ₹0.00 Mil. Riga Sugar Co's average Accounts Receivable for the three months ended in Mar. 2022 was ₹11.28 Mil.


Riga Sugar Co Receivables Turnover Historical Data

The historical data trend for Riga Sugar Co'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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Riga Sugar Co Receivables Turnover Chart

Riga Sugar Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.31 20.19 25.82 24.70 2.18

Riga Sugar Co Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.35 1.73 - -

Competitive Comparison of Riga Sugar Co's Receivables Turnover

For the Confectioners subindustry, Riga Sugar Co'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.


Riga Sugar Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Riga Sugar Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Riga Sugar Co's Receivables Turnover falls into.



Riga Sugar Co Receivables Turnover Calculation

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

Riga Sugar Co's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Receivables Turnover (A: Mar. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2022 ) / ((Accounts Receivable (A: Mar. 2021 ) + Accounts Receivable (A: Mar. 2022 )) / count )
=24.617 / ((11.319 + 11.28) / 2 )
=24.617 / 11.2995
=2.18

Riga Sugar Co's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

Receivables Turnover (Q: Mar. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Mar. 2022 )) / count )
=0 / ((0 + 11.28) / 1 )
=0 / 11.28
=N/A

* 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.


Riga Sugar Co  (BOM:507508) 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.


Riga Sugar Co Receivables Turnover Related Terms

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Riga Sugar Co (BOM:507508) Business Description

Traded in Other Exchanges
N/A
Address
14, Netaji Subhas Road, 2nd Floor, Kolkata, WB, IND, 700 001
Riga Sugar Co Ltd is an integrated sugar company. The company's operating segment includes Sugar and Distillery. It generates maximum revenue from the Sugar segment. The company's product includes sugar; molasses; bagasses; ethanol; and fertiliser.

Riga Sugar Co (BOM:507508) Headlines

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