AFC Agro Biotech (DHA:AFCAGRO) Receivables Turnover: 0.13 (As of Mar. 2023)

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DHA:AFCAGRO AFC Agro Biotech Ltd DHA:AFCAGRO
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Price BDT7.10
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What is AFC Agro Biotech Receivables Turnover?

AFC Agro Biotech DHA:AFCAGRO -2.74% 10 Receivables Turnover is 0.13 as of Mar. 2023. GuruFocus rates DHA:AFCAGRO with a GF Score™ of 10/100.

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. AFC Agro Biotech's Revenue for the three months ended in Mar. 2023 was BDT83.3 Mil. AFC Agro Biotech's average Accounts Receivable for the three months ended in Mar. 2023 was BDT625.9 Mil. Hence, AFC Agro Biotech's Receivables Turnover for the three months ended in Mar. 2023 was 0.13.


AFC Agro Biotech  (DHA:AFCAGRO) 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.


AFC Agro Biotech Receivables Turnover Related Terms


AFC Agro Biotech Receivables Turnover Historical Data

* Premium members only.

The historical data trend for AFC Agro Biotech'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.

AFC Agro Biotech Receivables Turnover Chart

AFC Agro Biotech Annual Data
Trend Dec13 Dec14 Jun15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 5.01 3.31 1.41 1.00 1.27

AFC Agro Biotech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.26 0.12 0.31 0.14 0.13

DHA:AFCAGRO vs ZTS, VTRS, NBIX: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, AFC Agro Biotech'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.


AFC Agro Biotech Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, AFC Agro Biotech's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AFC Agro Biotech's Receivables Turnover falls into.


DHA:AFCAGRO
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AFC Agro Biotech Ltd DHA:AFCAGRO
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AFC Agro Biotech Receivables Turnover Calculation

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

AFC Agro Biotech's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Receivables Turnover (A: Jun. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2022 ) / ((Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Jun. 2022 )) / count )
=701.881 / ((484.741 + 618.45) / 2 )
=701.881 / 551.5955
=1.27

AFC Agro Biotech's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=83.257 / ((630.538 + 621.343) / 2 )
=83.257 / 625.9405
=0.13

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.13 mean?
AFC Agro Biotech (DHA:AFCAGRO) has a Receivables Turnover of 0.13 as of Mar. 2023. The accounts 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. View historical data on AFC Agro Biotech and its competitors.
Is AFC Agro Biotech's Receivables Turnover too high?
AFC Agro Biotech's current Receivables Turnover is 0.13. The Drug Manufacturers industry median Receivables Turnover is 5.07. AFC Agro Biotech's value of 0.13 is 97.4% below this industry median. Overall, AFC Agro Biotech has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does AFC Agro Biotech's Receivables Turnover compare to ZTS and VTRS?
AFC Agro Biotech's Receivables Turnover of 0.13 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.07. AFC Agro Biotech's value of 0.13 is 97.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 951 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AFC Agro Biotech's current Receivables Turnover of 0.13 is 97.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on AFC Agro Biotech and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AFC Agro Biotech's current Receivables Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AFC Agro Biotech stock overvalued right now?
AFC Agro Biotech (DHA:AFCAGRO) has a current Receivables Turnover of 0.13. The current Receivables Turnover is 0.13 and 97.4% below the Drug Manufacturers industry median of 5.07. AFC Agro Biotech's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For AFC Agro Biotech (DHA:AFCAGRO), the current Receivables Turnover is 0.13 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AFC Agro Biotech Business Description

Address 214/D, Gulshan-Tejgaon Link Road, Navana Osman at Link, Dhaka, BGD, 1208
AFC Agro Biotech Ltd is a biotech products manufacturer. It is engaged in manufacturing biopharmaceuticals and biochemicals. It manufactures antibiotics, proteins, vaccines, enzymes from agricultural ingredients like molasses, glucose, potato starch, and other nutrients. The products manufactured by the company are macrolide protein, acetic acid, L-Lysine, monosodium glutamate, methionine, calcium hydrogen orthophosphate, magnesium carbonate, and sodium carbonate. It sells its products to the local markets in Bangladesh.
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