Karuturi Global (BOM:531687) Receivables Turnover : 0.23 (As of Dec. 2018)

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What is Karuturi Global 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. Karuturi Global's Revenue for the three months ended in Dec. 2018 was ₹554 Mil. Karuturi Global's average Accounts Receivable for the three months ended in Dec. 2018 was ₹2,423 Mil. Hence, Karuturi Global's Receivables Turnover for the three months ended in Dec. 2018 was 0.23.

Karuturi Global Receivables Turnover Historical Data

The historical data trend for Karuturi Global'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.

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Karuturi Global Receivables Turnover Chart

Karuturi Global Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Receivables Turnover

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3.74

1.61

2.16

1.80

1.35

Karuturi Global Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Receivables Turnover	Get a 7-Day Free Trial															0.44	0.35	0.23	0.22	0.23

Competitive Comparison of Karuturi Global's Receivables Turnover

For the Farm Products subindustry, Karuturi Global'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.

Karuturi Global's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Karuturi Global's Receivables Turnover falls into.

Karuturi Global Receivables Turnover Calculation

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

Karuturi Global's Receivables Turnover for the fiscal year that ended in Mar. 2018 is calculated as

	Receivables Turnover (A: Mar. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2018 )	/ (	(Accounts Receivable (A: Mar. 2017 )	+	Accounts Receivable (A: Mar. 2018 ))	/	count )
=	2295.912	/ (	(1073.747	+	2325.142)	/	2 )
=	2295.912	/	1699.4445
=	1.35

Karuturi Global's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

	Receivables Turnover (Q: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2018 )	/ (	(Accounts Receivable (Q: Sep. 2018 )	+	Accounts Receivable (Q: Dec. 2018 ))	/	count )
=	553.791	/ (	(2423.082	+	0)	/	1 )
=	553.791	/	2423.082
=	0.23

Karuturi Global (BOM:531687) 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.

Karuturi Global Receivables Turnover Related Terms

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Karuturi Global (BOM:531687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Karuturi Global Ltd (BOM:531687) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Crescent Road, Number 204, Embassy Center, Bangalore, KA, IND, 560001

Website

http://www.karuturi.com

Karuturi Global Ltd is engaged in the manufacturing of flowers, plant and plant materials. The company is a producer and exporter of cut roses and has its operations in India, Ethiopia, Dubai, and Kenya. It is involved in the business of Floriculture, Agriculture, Food processing and Information technology (IT). The Floriculture products consist of cut flowers, pot plants, seeds bulbs, rooted cuttings and dried flowers. Its Agriculture business produces cereal crops like maize, corn, sugarcane, and oilseeds. The Food processing business specializes in gherkin processing such as bay valley foods, mount olive, vlassic, heinz, and lidl. The IT business offers customized e-commerce solutions to companies dealing with perishable goods and commodities, paper industries, and government agencies.

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