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KCP Sugar & Industries (BOM:533192) Receivables Turnover : 2.49 (As of Dec. 2023)


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What is KCP Sugar & 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. KCP Sugar & Industries's Revenue for the three months ended in Dec. 2023 was ₹827 Mil. KCP Sugar & Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹332 Mil. Hence, KCP Sugar & Industries's Receivables Turnover for the three months ended in Dec. 2023 was 2.49.


KCP Sugar & Industries Receivables Turnover Historical Data

The historical data trend for KCP Sugar & 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.

KCP Sugar & Industries Receivables Turnover Chart

KCP Sugar & 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 12.57 11.98 7.87 8.45 11.24

KCP Sugar & 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 1.96 2.65 4.33 2.82 2.49

Competitive Comparison of KCP Sugar & Industries's Receivables Turnover

For the Confectioners subindustry, KCP Sugar & 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.


KCP Sugar & Industries's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KCP Sugar & Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where KCP Sugar & Industries's Receivables Turnover falls into.



KCP Sugar & Industries Receivables Turnover Calculation

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

KCP Sugar & 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 )
=2888.898 / ((293.093 + 221.085) / 2 )
=2888.898 / 257.089
=11.24

KCP Sugar & 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 )
=826.526 / ((331.931 + 0) / 1 )
=826.526 / 331.931
=2.49

* 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.


KCP Sugar & Industries  (BOM:533192) 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.


KCP Sugar & Industries Receivables Turnover Related Terms

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KCP Sugar & Industries (BOM:533192) Business Description

Traded in Other Exchanges
Address
No. 239 (Old No. 183), Anna Salai, Post Box No. 727, Ramakrishna Buildings, Chennai, TN, IND, 600006
KCP Sugar & Industries Corp Ltd along with its subsidiaries is engaged in manufacturing sugar, rectified spirit, extra neutral alcohol, ethanol, incidental cogeneration of power, organic manure, mycorrhiza vam, calcium lactate, and co2. The company's operating segments include Sugar; Chemicals; Power and fuel; Engineering and Others. It generates maximum revenue from the Sugar segment. Geographically company derives the majority of its revenue from India.

KCP Sugar & Industries (BOM:533192) Headlines

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