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Terai Tea Co (BOM:530533) Receivables Turnover : 3.95 (As of Dec. 2024)


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What is Terai Tea Co 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. Terai Tea Co's Revenue for the three months ended in Dec. 2024 was ₹351 Mil. Terai Tea Co's average Accounts Receivable for the three months ended in Dec. 2024 was ₹89 Mil. Hence, Terai Tea Co's Receivables Turnover for the three months ended in Dec. 2024 was 3.95.


Terai Tea Co Receivables Turnover Historical Data

The historical data trend for Terai Tea Co'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.

Terai Tea Co Receivables Turnover Chart

Terai Tea Co 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 6.02 6.77 8.26 10.09 47.85

Terai Tea Co 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 9.84 31.08 12.39 3.52 3.95

Competitive Comparison of Terai Tea Co's Receivables Turnover

For the Farm Products subindustry, Terai Tea Co'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.


Terai Tea Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Terai Tea Co's Receivables Turnover falls into.


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Terai Tea Co Receivables Turnover Calculation

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

Terai Tea Co'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 )
=1080.644 / ((30.543 + 14.626) / 2 )
=1080.644 / 22.5845
=47.85

Terai Tea Co'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 )
=350.963 / ((88.915 + 0) / 1 )
=350.963 / 88.915
=3.95

* 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.


Terai Tea Co  (BOM:530533) 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.


Terai Tea Co Receivables Turnover Related Terms

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Terai Tea Co Business Description

Traded in Other Exchanges
N/A
Address
Sevoke Road, 2nd Mile, Agarwala House, Siliguri, WB, IND, 734001
Terai Tea Co Ltd is a tea manufacturing company in North Bengal, India. In addition, it is engaged in the trading of sugar, Raw Jute, and various merchandise fabrics. The company is also involved in the export of various merchandise to Bangladesh and other Middle East countries.

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