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Kunststoffe Industries (BOM:523594) Receivables Turnover : 5.68 (As of Mar. 2024)


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What is Kunststoffe 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. Kunststoffe Industries's Revenue for the three months ended in Mar. 2024 was ₹33.3 Mil. Kunststoffe Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹5.9 Mil. Hence, Kunststoffe Industries's Receivables Turnover for the three months ended in Mar. 2024 was 5.68.


Kunststoffe Industries Receivables Turnover Historical Data

The historical data trend for Kunststoffe 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.

Kunststoffe Industries Receivables Turnover Chart

Kunststoffe Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 7.51 16.62 15.79 14.50

Kunststoffe 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 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 3.24 2.59 2.75 3.01 5.68

Competitive Comparison of Kunststoffe Industries's Receivables Turnover

For the Building Products & Equipment subindustry, Kunststoffe 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.


Kunststoffe Industries's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kunststoffe Industries's Receivables Turnover distribution charts can be found below:

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



Kunststoffe Industries Receivables Turnover Calculation

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

Kunststoffe 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 )
=133.749 / ((12.579 + 5.873) / 2 )
=133.749 / 9.226
=14.50

Kunststoffe 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 )
=33.347 / ((0 + 5.873) / 1 )
=33.347 / 5.873
=5.68

* 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.


Kunststoffe Industries  (BOM:523594) 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.


Kunststoffe Industries Receivables Turnover Related Terms

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Kunststoffe Industries (BOM:523594) Business Description

Traded in Other Exchanges
N/A
Address
128, Bhaudaji Road, Kiran Building, Matunga (East), Mumbai, MH, IND, 400019
Kunststoffe Industries Ltd is a manufacturer of large diameters of HDPE/PP pipes. The company's pipes range from approximately 300mm to 3600mm internal diameters. Its manufactured pipes are used in water sewerage and effluent disposal schemes, ocean out-fuel, etc. The company also manufactures HDPE/PP Tanks of sizes ranging from 5000 Liters to 60000 Liters. It operates in a single segment which is Polymer Processing.

Kunststoffe Industries (BOM:523594) Headlines

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