Central Pharmaceuticals (DHA:CENTRALPHL) Receivables Turnover : 0.08 (As of Sep. 2022)

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What is Central Pharmaceuticals 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. Central Pharmaceuticals's Revenue for the three months ended in Sep. 2022 was BDT6.25 Mil. Central Pharmaceuticals's average Accounts Receivable for the three months ended in Sep. 2022 was BDT79.01 Mil. Hence, Central Pharmaceuticals's Receivables Turnover for the three months ended in Sep. 2022 was 0.08.

Central Pharmaceuticals Receivables Turnover Historical Data

The historical data trend for Central Pharmaceuticals'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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Central Pharmaceuticals Receivables Turnover Chart

Central Pharmaceuticals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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0.54

0.43

2.19

0.33

0.37

Central Pharmaceuticals Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23
Receivables Turnover	Get a 7-Day Free Trial															0.10	0.09	0.05	0.08	-

Competitive Comparison of Central Pharmaceuticals's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Central Pharmaceuticals'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.

Central Pharmaceuticals's Receivables Turnover Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Central Pharmaceuticals's Receivables Turnover falls into.

Central Pharmaceuticals Receivables Turnover Calculation

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

Central Pharmaceuticals's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	29.329	/ (	(79.101	+	80.398)	/	2 )
=	29.329	/	79.7495
=	0.37

Central Pharmaceuticals's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

	Receivables Turnover (Q: Sep. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2022 )	/ (	(Accounts Receivable (Q: Jun. 2022 )	+	Accounts Receivable (Q: Sep. 2022 ))	/	count )
=	6.247	/ (	(79.101	+	78.924)	/	2 )
=	6.247	/	79.0125
=	0.08

Central Pharmaceuticals (DHA:CENTRALPHL) 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.

Central Pharmaceuticals Receivables Turnover Related Terms

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Central Pharmaceuticals (DHA:CENTRALPHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Central Pharmaceuticals Ltd (DHA:CENTRALPHL) » Definitions » Receivables Turnover

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Address

South West Darus Salam Road, 2-A/1, 2nd Floor, Mirpur - 1, Dhaka, BGD, 1216

Website

https://www.centralphl.com

Central Pharmaceuticals Ltd is engaged in the manufacturing and marketing of medicines in Bangladesh. The company manufactures finished formulation products for general people, hospitals, clinics, government organizations, corporations, and other non-government organizations. Its product portfolio encompasses therapeutic categories including gastrointestinal, anti-infective, vitamins and minerals, allergy cough and cold, analgesic and musculoskeletal, dermatological, oral rehydration salt, and others. The products are in the dosage forms of tablets, capsules, liquid, and ointments.

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