Himalaya Food International (BOM:526899) Receivables Turnover : 0.24 (As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Himalaya Food International 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. Himalaya Food International's Revenue for the three months ended in Dec. 2024 was ₹96.3 Mil. Himalaya Food International's average Accounts Receivable for the three months ended in Dec. 2024 was ₹395.2 Mil. Hence, Himalaya Food International's Receivables Turnover for the three months ended in Dec. 2024 was 0.24.

Himalaya Food International Receivables Turnover Historical Data

The historical data trend for Himalaya Food International'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.

Himalaya Food International Receivables Turnover Chart

Himalaya Food International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

2.95

2.13

2.20

2.23

1.41

Himalaya Food International 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															0.45	0.41	0.30	0.29	0.24

Competitive Comparison of Himalaya Food International's Receivables Turnover

For the Farm Products subindustry, Himalaya Food International'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.

Himalaya Food International's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Himalaya Food International's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Himalaya Food International Receivables Turnover Calculation

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

Himalaya Food International'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 )
=	466.9	/ (	(306.6	+	355.8)	/	2 )
=	466.9	/	331.2
=	1.41

Himalaya Food International'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 )
=	96.291	/ (	(395.2	+	0)	/	1 )
=	96.291	/	395.2
=	0.24

Himalaya Food International (BOM:526899) 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.

Himalaya Food International Receivables Turnover Related Terms

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

Himalaya Food International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Himalaya Food International Ltd (BOM:526899) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Village Shubh Khera, Paonta Sahib, Sirmour, HP, IND, 173025

Website

https://www.himalayafoodcompany.com

Himalaya Food International Ltd is a food processing company engaged in growing & processing mushrooms and manufacturing IQF ready-to-eat items. Its product portfolio includes Mushrooms, Dairy, French Fries, Potato Specialty products, Appetizers, Ethnic Indian Snacks, canned products, yogurt smoothies, and Sweets. The company carries business in India and also outside India. Its products are sold under various brands including Himalaya, Himalaya Natural, Bufalabella, Himalaya Fresh, GuiltFree, Finger Food Factory, etc. It has two segments: Agriculture and Processed foods. In Agriculture company produces fresh mushrooms, sale as fresh, chilled, and Processed food- and sells canned mushrooms and frozen Appetizers. Key revenue is generated from processed foods.

Himalaya Food International Headlines

No Headlines