Duncans Industries (BOM:590063) Receivables Turnover : 2.88 (As of Dec. 2012)

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What is Duncans Industries 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. Duncans Industries's Revenue for the three months ended in Dec. 2012 was ₹536 Mil. Duncans Industries's average Accounts Receivable for the three months ended in Dec. 2012 was ₹186 Mil. Hence, Duncans Industries's Receivables Turnover for the three months ended in Dec. 2012 was 2.88.

Duncans Industries Receivables Turnover Historical Data

The historical data trend for Duncans Industries'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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Duncans Industries Receivables Turnover Chart

Duncans Industries Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Sep14

Receivables Turnover

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21.06

33.07

35.87

29.20

22.16

Duncans Industries Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Sep14
Receivables Turnover	-	4.16	2.78	2.88	-

Competitive Comparison of Duncans Industries's Receivables Turnover

For the Packaged Foods subindustry, Duncans Industries'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.

Duncans Industries's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Duncans Industries's Receivables Turnover falls into.

Duncans Industries Receivables Turnover Calculation

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

Duncans Industries's Receivables Turnover for the fiscal year that ended in Sep. 2014 is calculated as

	Receivables Turnover (A: Sep. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2014 )	/ (	(Accounts Receivable (A: Mar. 2012 )	+	Accounts Receivable (A: Sep. 2014 ))	/	count )
=	1845.786	/ (	(59.545	+	107.066)	/	2 )
=	1845.786	/	83.3055
=	22.16

Duncans Industries's Receivables Turnover for the quarter that ended in Dec. 2012 is calculated as

	Receivables Turnover (Q: Dec. 2012 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2012 )	/ (	(Accounts Receivable (Q: Sep. 2012 )	+	Accounts Receivable (Q: Dec. 2012 ))	/	count )
=	535.9	/ (	(186.01	+	0)	/	1 )
=	535.9	/	186.01
=	2.88

Duncans Industries (BOM:590063) 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.

Duncans Industries Receivables Turnover Related Terms

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Duncans Industries (BOM:590063) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Duncans Industries Ltd (BOM:590063) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

97, Park Street, Block-C, 3rd Floor, Kolkata, WB, IND, 700016

Website

http://www.duncans-tea.com

Duncans Industries Ltd operates as a tea processing company, which engages in the cultivation, production, processing, and growing of tea and coffee plants. It markets and distributes its tea products under the Runglee Rungliot, No.1, Shakti, Double Diamond, and Sargam brands.

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