GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gillette India Ltd (BOM:507815) » Definitions » Receivables Turnover

Gillette India (BOM:507815) Receivables Turnover : 2.25 (As of Dec. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Gillette 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. Gillette India's Revenue for the three months ended in Dec. 2024 was ₹6,856 Mil. Gillette India's average Accounts Receivable for the three months ended in Dec. 2024 was ₹3,043 Mil. Hence, Gillette India's Receivables Turnover for the three months ended in Dec. 2024 was 2.25.


Gillette India Receivables Turnover Historical Data

The historical data trend for Gillette 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.

* Premium members only.

Gillette India Receivables Turnover Chart

Gillette India Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 10.34 9.70 8.44 8.86

Gillette 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 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 2.73 2.91 2.35 2.85 2.25

Competitive Comparison of Gillette India's Receivables Turnover

For the Household & Personal Products subindustry, Gillette 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.


Gillette India's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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


;
;

Gillette India Receivables Turnover Calculation

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

Gillette India's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=26330.8 / ((3201.6 + 2743.3) / 2 )
=26330.8 / 2972.45
=8.86

Gillette 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 )
=6855.5 / ((0 + 3042.6) / 1 )
=6855.5 / 3042.6
=2.25

* 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.


Gillette India  (BOM:507815) 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.


Gillette India Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Gillette India's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Gillette India Business Description

Traded in Other Exchanges
Address
Cardinal Gracias Road, P&G Plaza, Chakala, Andheri (East), Mumbai, MH, IND, 400099
Gillette India Ltd is an Indian personal-care products company. The company manufactures and sells products in the grooming and oral care businesses. The company's products are sold through retail operations including mass merchandisers, grocery stores, membership club stores, drug stores, department stores, and high frequency stores. Its reportable segments are; Grooming and Oral Care. A majority of its revenue is generated from the Grooming segment which produces and sells shaving systems and cartridges, blades, toiletries, and related components. The Oral Care segment produces and sells tooth brushes and oral care products. Geographically, the company derives its key revenue from India, and the rest from outside India.

Gillette India Headlines

No Headlines