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Kuwer Industries (BOM:530421) Receivables Turnover : 0.41 (As of Dec. 2023)


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What is Kuwer 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. Kuwer Industries's Revenue for the three months ended in Dec. 2023 was ₹141.0 Mil. Kuwer Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹341.3 Mil. Hence, Kuwer Industries's Receivables Turnover for the three months ended in Dec. 2023 was 0.41.


Kuwer Industries Receivables Turnover Historical Data

The historical data trend for Kuwer 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.

Kuwer Industries Receivables Turnover Chart

Kuwer 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 3.61 3.51 2.77 2.70 2.56

Kuwer 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 0.57 0.65 0.62 0.46 0.41

Competitive Comparison of Kuwer Industries's Receivables Turnover

For the Packaging & Containers subindustry, Kuwer 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.


Kuwer Industries's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kuwer Industries's Receivables Turnover distribution charts can be found below:

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



Kuwer Industries Receivables Turnover Calculation

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

Kuwer 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 )
=666.587 / ((264.623 + 256.51) / 2 )
=666.587 / 260.5665
=2.56

Kuwer 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 )
=140.977 / ((341.312 + 0) / 1 )
=140.977 / 341.312
=0.41

* 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.


Kuwer Industries  (BOM:530421) 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.


Kuwer Industries Receivables Turnover Related Terms

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Kuwer Industries (BOM:530421) Business Description

Traded in Other Exchanges
N/A
Address
A-71/72, Sector- 58, Gautam Buddha Nagar, Noida, UP, IND, 201301
Kuwer Industries Ltd is engaged in the manufacturing and exporting of holographic products. The company's products portfolio includes security holograms, holographic films, flexible packaging material and coated lacquered films. Kuwer Industries provides tailor-made solutions to its customers which has varied anti-counterfeit marking requirements.

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