Arif Habib (KAR:AHCL) Receivables Turnover : 0.26 (As of Mar. 2024)

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What is Arif Habib 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. Arif Habib's Revenue for the three months ended in Mar. 2024 was ₨1,659 Mil. Arif Habib's average Accounts Receivable for the three months ended in Mar. 2024 was ₨6,427 Mil. Hence, Arif Habib's Receivables Turnover for the three months ended in Mar. 2024 was 0.26.

Arif Habib Receivables Turnover Historical Data

The historical data trend for Arif Habib'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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Arif Habib Receivables Turnover Chart

Arif Habib Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

2.28

1.67

1.44

1.30

1.80

Arif Habib Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.28	0.28	0.61	0.57	0.26

Competitive Comparison of Arif Habib's Receivables Turnover

For the Utilities - Renewable subindustry, Arif Habib'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.

Arif Habib's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Arif Habib's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Arif Habib's Receivables Turnover falls into.

Arif Habib Receivables Turnover Calculation

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

Arif Habib'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 )
=	7949.825	/ (	(4033.089	+	4779.781)	/	2 )
=	7949.825	/	4406.435
=	1.80

Arif Habib's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1658.582	/ (	(7223.138	+	5630.026)	/	2 )
=	1658.582	/	6426.582
=	0.26

Arif Habib (KAR:AHCL) 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.

Arif Habib Receivables Turnover Related Terms

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Arif Habib (KAR:AHCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Arif Habib Corp Ltd (KAR:AHCL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 M.T. Khan Road, Arif Habib Centre, 2nd Floor, Karachi, SD, PAK, 74000

Website

https://www.arifhabibcorp.com

Arif Habib Corp Ltd generates and sells electricity in Pakistan. It is also engaged in providing equity and debt brokerage, as well as corporate finance services to institutional, corporate, high-net-worth, and retail clients. Its segments are Capital market operations; Brokerage; Energy Development, and Others. The firm generates the majority of revenue from the Energy segment. The Energy segment is engaged in energy development. The brokerage segment is engaged in brokerage, underwriting, corporate consultancy, research, and corporate finance services. Capital market operations segment is engaged in trading of equity securities and maintaining strategic and trading portfolios. Others include assets of RCPL.

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