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Unikai Foods PJSC (DFM:UNIKAI) Receivables Turnover : 1.61 (As of Dec. 2024)


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What is Unikai Foods PJSC 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. Unikai Foods PJSC's Revenue for the three months ended in Dec. 2024 was د.إ92.9 Mil. Unikai Foods PJSC's average Accounts Receivable for the three months ended in Dec. 2024 was د.إ57.7 Mil. Hence, Unikai Foods PJSC's Receivables Turnover for the three months ended in Dec. 2024 was 1.61.


Unikai Foods PJSC Receivables Turnover Historical Data

The historical data trend for Unikai Foods PJSC'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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Unikai Foods PJSC Receivables Turnover Chart

Unikai Foods PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.57 6.37 6.49 7.10 7.92

Unikai Foods PJSC 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 1.81 1.89 1.92 1.77 1.61

Competitive Comparison of Unikai Foods PJSC's Receivables Turnover

For the Packaged Foods subindustry, Unikai Foods PJSC'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.


Unikai Foods PJSC's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Unikai Foods PJSC's Receivables Turnover falls into.


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Unikai Foods PJSC Receivables Turnover Calculation

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

Unikai Foods PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=403.592 / ((46.88 + 55.054) / 2 )
=403.592 / 50.967
=7.92

Unikai Foods PJSC'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 )
=92.872 / ((60.284 + 55.054) / 2 )
=92.872 / 57.669
=1.61

* 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.


Unikai Foods PJSC  (DFM:UNIKAI) 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.


Unikai Foods PJSC Receivables Turnover Related Terms

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Unikai Foods PJSC Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, P.O.Box 6424, Opposite Safa Park, Bridge 2, Al Qouz Industrial Area, Dubai, ARE
Unikai Foods PJSC is engaged in the manufacturing of dairy, juice and ice cream products and the import of various kinds of food products for distribution throughout the Gulf and other countries. The company offers fresh milk, flavoured milk, laban drink, flavoured milk, milk powder, margarine, and cheese products, as well as flavoured drinks; ice cream products; juices; and food and rice products. It also imports and sells various food products. The Geographical market includes UAE, Oman, Others.

Unikai Foods PJSC Headlines

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