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Vistar Amar (BOM:538565) Receivables Turnover : 2.40 (As of Mar. 2024)


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What is Vistar Amar 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. Vistar Amar's Revenue for the three months ended in Mar. 2024 was ₹230.4 Mil. Vistar Amar's average Accounts Receivable for the three months ended in Mar. 2024 was ₹96.1 Mil. Hence, Vistar Amar's Receivables Turnover for the three months ended in Mar. 2024 was 2.40.


Vistar Amar Receivables Turnover Historical Data

The historical data trend for Vistar Amar'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.

Vistar Amar Receivables Turnover Chart

Vistar Amar 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 5.38 6.70 7.91 7.17 8.06

Vistar Amar 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 2.02 2.37 1.08 2.84 2.40

Competitive Comparison of Vistar Amar's Receivables Turnover

For the Packaged Foods subindustry, Vistar Amar'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.


Vistar Amar's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Vistar Amar's Receivables Turnover falls into.



Vistar Amar Receivables Turnover Calculation

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

Vistar Amar'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 )
=740.893 / ((87.828 + 96.056) / 2 )
=740.893 / 91.942
=8.06

Vistar Amar'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 )
=230.412 / ((0 + 96.056) / 1 )
=230.412 / 96.056
=2.40

* 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.


Vistar Amar  (BOM:538565) 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.


Vistar Amar Receivables Turnover Related Terms

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Vistar Amar (BOM:538565) Business Description

Traded in Other Exchanges
N/A
Address
Plot - A4, APMC - MAFCO Yard, Sector 18, Vashi, Navi Mumbai, MH, IND, 400703
Vistar Amar Ltd is engaged in business, which acts as processors, merchants, traders, commission agents, selling agents, buying agents, contractors, importers, exporters, carriers in all kinds of agricultural, marine, meat, dairy and poultry products. The company's principal activity is trading in fish and fish related activities. All of the company's revenue comes from trading in fish.

Vistar Amar (BOM:538565) Headlines

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