Kesar India (BOM:543542) Receivables Turnover : 12.69 (As of Sep. 2023)

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What is Kesar 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. Kesar India's Revenue for the six months ended in Sep. 2023 was ₹212.5 Mil. Kesar India's average Accounts Receivable for the six months ended in Sep. 2023 was ₹16.7 Mil. Hence, Kesar India's Receivables Turnover for the six months ended in Sep. 2023 was 12.69.

Kesar India Receivables Turnover Historical Data

The historical data trend for Kesar 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.

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Kesar India Receivables Turnover Chart

Kesar India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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7.97

19.87

9.16

9.09

13.53

Kesar India Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial					1.16	0.39	8.01	12.69	-

Competitive Comparison of Kesar India's Receivables Turnover

For the Real Estate - Development subindustry, Kesar 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.

Kesar India's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kesar India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kesar India's Receivables Turnover falls into.

Kesar India Receivables Turnover Calculation

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

Kesar 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 )
=	321.651	/ (	(15.626	+	31.91)	/	2 )
=	321.651	/	23.768
=	13.53

Kesar India's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	212.513	/ (	(15.626	+	17.866)	/	2 )
=	212.513	/	16.746
=	12.69

Kesar India (BOM:543542) 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.

Kesar India Receivables Turnover Related Terms

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Kesar India (BOM:543542) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kesar India Ltd (BOM:543542) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Amravati Road, Flat No. F-101 Jagat Plaza, Law Collage Sqaure, Nagpur, MH, IND, 440010

Website

https://www.kesarlands.com

Kesar India Ltd undertakes real estate development and construction, primarily in the business of developing and constructing Projects such as Residential & Commercial Plotting, residential, commercial and industrial buildings, colonies, mills and factory buildings, workshop buildings.

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