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Prataap Snacks (BOM:540724) Receivables Turnover : 23.02 (As of Dec. 2024)


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What is Prataap Snacks 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. Prataap Snacks's Revenue for the three months ended in Dec. 2024 was ₹4,427 Mil. Prataap Snacks's average Accounts Receivable for the three months ended in Dec. 2024 was ₹192 Mil. Hence, Prataap Snacks's Receivables Turnover for the three months ended in Dec. 2024 was 23.02.


Prataap Snacks Receivables Turnover Historical Data

The historical data trend for Prataap Snacks'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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Prataap Snacks Receivables Turnover Chart

Prataap Snacks 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 43.80 39.25 64.05 107.45 129.47

Prataap Snacks Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 28.31 35.51 38.50 22.82 23.02

Competitive Comparison of Prataap Snacks's Receivables Turnover

For the Packaged Foods subindustry, Prataap Snacks'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.


Prataap Snacks's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Prataap Snacks's Receivables Turnover falls into.


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Prataap Snacks Receivables Turnover Calculation

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

Prataap Snacks'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 )
=16101.46 / ((139.862 + 108.861) / 2 )
=16101.46 / 124.3615
=129.47

Prataap Snacks's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=4426.856 / ((192.276 + 0) / 1 )
=4426.856 / 192.276
=23.02

* 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.


Prataap Snacks  (BOM:540724) 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.


Prataap Snacks Receivables Turnover Related Terms

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Prataap Snacks Business Description

Traded in Other Exchanges
Address
Nemawar Road, Palda, Khasra Number 378/2, Near Makrand House, Indore, MP, IND, 452 020
Prataap Snacks Ltd is a snack company. Its product portfolio consists of Extruded Snacks including Puffs, Rings, and Pellets products, Chips including fried, and sliced chips/crisps, and Namkeen including moong dal, masala or fried nuts, sev, and bhujia. The company's only segment is snacks food. Geographically, it derives a majority of its revenue from India.

Prataap Snacks Headlines

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