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Narmada Agrobase (BOM:543643) Receivables Turnover : 0.99 (As of Dec. 2024)


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What is Narmada Agrobase 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. Narmada Agrobase's Revenue for the three months ended in Dec. 2024 was ₹138.4 Mil. Narmada Agrobase's average Accounts Receivable for the three months ended in Dec. 2024 was ₹139.4 Mil. Hence, Narmada Agrobase's Receivables Turnover for the three months ended in Dec. 2024 was 0.99.


Narmada Agrobase Receivables Turnover Historical Data

The historical data trend for Narmada Agrobase'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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Narmada Agrobase Receivables Turnover Chart

Narmada Agrobase 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 6.52 4.27 2.30 3.62 3.79

Narmada Agrobase Quarterly Data
Mar15 Mar16 Mar17 Sep17 Mar18 Mar19 Mar20 Mar21 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 0.97 1.41 0.92 0.74 0.99

Competitive Comparison of Narmada Agrobase's Receivables Turnover

For the Agricultural Inputs subindustry, Narmada Agrobase'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.


Narmada Agrobase's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Narmada Agrobase's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Narmada Agrobase's Receivables Turnover falls into.


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Narmada Agrobase Receivables Turnover Calculation

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

Narmada Agrobase'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 )
=503.207 / ((132.243 + 133.188) / 2 )
=503.207 / 132.7155
=3.79

Narmada Agrobase'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 )
=138.365 / ((139.362 + 0) / 1 )
=138.365 / 139.362
=0.99

* 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.


Narmada Agrobase  (BOM:543643) 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.


Narmada Agrobase Receivables Turnover Related Terms

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Narmada Agrobase Business Description

Traded in Other Exchanges
Address
401, Silicon Tower, Above Freezeland Restaurant, Law Garden, Navrangpura, Ahmedabad, GJ, IND, 390009
Narmada Agrobase Ltd is engaged in the manufacturing and processing of cotton seed meal cake, cattle feeds and soya bean meal. Its product portfolio includes Cattle Feeds; Cotton Seeds Meal Cake; Cotton Seed Meal Grinder; Delinted Cotton Seeds; Guar Meal; Cotton Linter; and Neem Cake Fertilizer. The company's only operating segment being the manufacturing of delinted cotton seeds.

Narmada Agrobase Headlines

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