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Kriti Nutrients (BOM:533210) Receivables Turnover : 8.28 (As of Mar. 2024)


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What is Kriti Nutrients 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. Kriti Nutrients's Revenue for the three months ended in Mar. 2024 was ₹1,713 Mil. Kriti Nutrients's average Accounts Receivable for the three months ended in Mar. 2024 was ₹207 Mil. Hence, Kriti Nutrients's Receivables Turnover for the three months ended in Mar. 2024 was 8.28.


Kriti Nutrients Receivables Turnover Historical Data

The historical data trend for Kriti Nutrients'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.

Kriti Nutrients Receivables Turnover Chart

Kriti Nutrients 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 28.91 43.19 72.12 65.90 41.07

Kriti Nutrients Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.34 16.81 9.63 12.04 8.28

Competitive Comparison of Kriti Nutrients's Receivables Turnover

For the Packaged Foods subindustry, Kriti Nutrients'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.


Kriti Nutrients's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Kriti Nutrients's Receivables Turnover falls into.



Kriti Nutrients Receivables Turnover Calculation

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

Kriti Nutrients'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 )
=6833.936 / ((125.975 + 206.803) / 2 )
=6833.936 / 166.389
=41.07

Kriti Nutrients's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1713.038 / ((0 + 206.803) / 1 )
=1713.038 / 206.803
=8.28

* 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.


Kriti Nutrients  (BOM:533210) 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.


Kriti Nutrients Receivables Turnover Related Terms

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Kriti Nutrients (BOM:533210) Business Description

Traded in Other Exchanges
Address
Brilliant Sapphire, 801 - 804, 8th Floor, Plot No. 10, Scheme No. 78-II, Vijay Nagar, Indore, MP, IND, 452 010
Kriti Nutrients Ltd is an India-based firm engaged in the business of soya seed extraction, and manufacturing and selling of cooking oil under the brand KRITI. The product portfolio of the company includes soya lecithin flakes and flour, and soya crude oil/refined oil. It generates majority of its revenues through the sale of its products. Geographically, it derives a majority of revenue from India.

Kriti Nutrients (BOM:533210) Headlines

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