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N R Agarwal Industries (BOM:516082) Receivables Turnover : 2.59 (As of Dec. 2023)


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What is N R Agarwal 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. N R Agarwal Industries's Revenue for the three months ended in Dec. 2023 was ₹3,356 Mil. N R Agarwal Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,295 Mil. Hence, N R Agarwal Industries's Receivables Turnover for the three months ended in Dec. 2023 was 2.59.


N R Agarwal Industries Receivables Turnover Historical Data

The historical data trend for N R Agarwal 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.

* Premium members only.

N R Agarwal Industries Receivables Turnover Chart

N R Agarwal Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.45 11.72 9.26 11.14 11.58

N R Agarwal Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.94 2.80 2.67 2.64 2.59

Competitive Comparison of N R Agarwal Industries's Receivables Turnover

For the Paper & Paper Products subindustry, N R Agarwal 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.


N R Agarwal Industries's Receivables Turnover Distribution in the Forest Products Industry

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

* The bar in red indicates where N R Agarwal Industries's Receivables Turnover falls into.



N R Agarwal Industries Receivables Turnover Calculation

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

N R Agarwal Industries's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=17660.673 / ((1670.693 + 1380.347) / 2 )
=17660.673 / 1525.52
=11.58

N R Agarwal Industries's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=3355.631 / ((1294.626 + 0) / 1 )
=3355.631 / 1294.626
=2.59

* 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.


N R Agarwal Industries  (BOM:516082) 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.


N R Agarwal Industries Receivables Turnover Related Terms

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N R Agarwal Industries (BOM:516082) Business Description

Traded in Other Exchanges
Address
New Link Road, 502-A/501-B, Fortune Terraces, 5th Floor, Opposite City Mall, Andheri (West), Mumbai, MH, IND, 400053
N R Agarwal Industries Ltd is an India-based company, which is principally engaged in the manufacturing of quality finished paper products. Its products include duplex boards, copiers, newsprint, writing, and printing products. The company generates a majority of its revenue from the sale of paper-related products. Geographically, it derives maximum revenue from India.

N R Agarwal Industries (BOM:516082) Headlines

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