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Neeraj Paper Marketing (BOM:539409) Receivables Turnover : 0.90 (As of Dec. 2023)


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What is Neeraj Paper Marketing 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. Neeraj Paper Marketing's Revenue for the three months ended in Dec. 2023 was ₹432 Mil. Neeraj Paper Marketing's average Accounts Receivable for the three months ended in Dec. 2023 was ₹478 Mil. Hence, Neeraj Paper Marketing's Receivables Turnover for the three months ended in Dec. 2023 was 0.90.


Neeraj Paper Marketing Receivables Turnover Historical Data

The historical data trend for Neeraj Paper Marketing'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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Neeraj Paper Marketing Receivables Turnover Chart

Neeraj Paper Marketing Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.34 2.37 2.17 3.13 4.76

Neeraj Paper Marketing 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 0.75 1.01 0.69 0.85 0.90

Competitive Comparison of Neeraj Paper Marketing's Receivables Turnover

For the Paper & Paper Products subindustry, Neeraj Paper Marketing'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.


Neeraj Paper Marketing's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Neeraj Paper Marketing's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Neeraj Paper Marketing's Receivables Turnover falls into.



Neeraj Paper Marketing Receivables Turnover Calculation

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

Neeraj Paper Marketing'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 )
=2199.207 / ((434.016 + 489.954) / 2 )
=2199.207 / 461.985
=4.76

Neeraj Paper Marketing'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 )
=432.288 / ((478.372 + 0) / 1 )
=432.288 / 478.372
=0.90

* 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.


Neeraj Paper Marketing  (BOM:539409) 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.


Neeraj Paper Marketing Receivables Turnover Related Terms

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Neeraj Paper Marketing (BOM:539409) Business Description

Traded in Other Exchanges
N/A
Address
Along Road No. 44, Plot No. 2, Community Center, Near M2K Cinema, 218-222, Aggarwal Prestige Mall, Pitampura, New Delhi, IND, 110034
Neeraj Paper Marketing Ltd is involved in the trading and marketing business of waste paper, art paper, poster paper, duplex, kraft paper, etc. Its products are used for making small packs to keep razor blades, business forms, data processing such as computer printouts, diaries, book printing, and other applications, making cheques, printing Bibles, and much more.

Neeraj Paper Marketing (BOM:539409) Headlines

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