Nath Bio-Genes (India) (BOM:537291) Receivables Turnover : 0.46 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Nath Bio-Genes (India) 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. Nath Bio-Genes (India)'s Revenue for the three months ended in Mar. 2024 was ₹430 Mil. Nath Bio-Genes (India)'s average Accounts Receivable for the three months ended in Mar. 2024 was ₹943 Mil. Hence, Nath Bio-Genes (India)'s Receivables Turnover for the three months ended in Mar. 2024 was 0.46.

Nath Bio-Genes (India) Receivables Turnover Historical Data

The historical data trend for Nath Bio-Genes (India)'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.

Nath Bio-Genes (India) Receivables Turnover Chart

Nath Bio-Genes (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

2.60

2.84

2.86

3.30

3.47

Nath Bio-Genes (India) 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															0.46	2.42	0.10	0.14	0.46

Competitive Comparison of Nath Bio-Genes (India)'s Receivables Turnover

For the Agricultural Inputs subindustry, Nath Bio-Genes (India)'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.

Nath Bio-Genes (India)'s Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nath Bio-Genes (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nath Bio-Genes (India)'s Receivables Turnover falls into.

Nath Bio-Genes (India) Receivables Turnover Calculation

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

Nath Bio-Genes (India)'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 )
=	3326.249	/ (	(973.135	+	943.086)	/	2 )
=	3326.249	/	958.1105
=	3.47

Nath Bio-Genes (India)'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 )
=	430.38	/ (	(0	+	943.086)	/	1 )
=	430.38	/	943.086
=	0.46

Nath Bio-Genes (India) (BOM:537291) 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.

Nath Bio-Genes (India) Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Nath Bio-Genes (India)'s Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Nath Bio-Genes (India) (BOM:537291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nath Bio-Genes (India) Ltd (BOM:537291) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

NATHBIOGEN:India

Address

Nath House, Nath Road, Chhatrapati Sambhajinagar, MH, IND, 431005

Website

https://www.nathbiogenes.com

Nath Bio-Genes (India) Ltd is engaged in the business of production, processing, and marketing of Hybrid and GM seeds. The company has a product range of field crops, vegetable crops, and micronutrient supplements. It has developed products across verticals of cotton, paddy, mustard, maize, okra, tomato, gourds, chili, and crop nutrition supplements. The operating segments of the group are Agriculture activities and Trading activities, of which a majority of revenue is derived from the Agriculture activities segment. Geographically, the group has a business presence in India and other countries, of which key revenue is generated within India.

Nath Bio-Genes (India) (BOM:537291) Headlines

No Headlines