GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Murree Brewery Ltd (KAR:MUREB) » Definitions » Receivables Turnover

Murree Brewery (KAR:MUREB) Receivables Turnover : 74.05 (As of Mar. 2024)


View and export this data going back to 1905. Start your Free Trial

What is Murree Brewery 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. Murree Brewery's Revenue for the three months ended in Mar. 2024 was ₨5,284 Mil. Murree Brewery's average Accounts Receivable for the three months ended in Mar. 2024 was ₨71 Mil. Hence, Murree Brewery's Receivables Turnover for the three months ended in Mar. 2024 was 74.05.


Murree Brewery Receivables Turnover Historical Data

The historical data trend for Murree Brewery'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.

* Premium members only.

Murree Brewery Receivables Turnover Chart

Murree Brewery Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 498.33 444.41 407.95 656.78 649.42

Murree Brewery Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 327.61 187.93 117.50 79.69 74.05

Competitive Comparison of Murree Brewery's Receivables Turnover

For the Beverages - Brewers subindustry, Murree Brewery'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.


Murree Brewery's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Murree Brewery's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Murree Brewery's Receivables Turnover falls into.



Murree Brewery Receivables Turnover Calculation

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

Murree Brewery'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 )
=18591.183 / ((15.019 + 42.236) / 2 )
=18591.183 / 28.6275
=649.42

Murree Brewery'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: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=5283.56 / ((86.636 + 56.067) / 2 )
=5283.56 / 71.3515
=74.05

* 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.


Murree Brewery  (KAR:MUREB) 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.


Murree Brewery Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Murree Brewery's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Murree Brewery (KAR:MUREB) Business Description

Traded in Other Exchanges
N/A
Address
3-National Park Road, Chaklala Cantt, Rawalpindi, PB, PAK
Murree Brewery Ltd manufactures and sells beers, Pakistan made foreign liquors, non-alcoholic beer, aerated water, juices and food products, mineral water, glass bottles and jars. It operates in three divisions namely Liquor Division, Tops Division, and Glass Division. The company generates maximum revenue from the Liquor Division segment. Geographically, it operates only in Pakistan.

Murree Brewery (KAR:MUREB) Headlines

No Headlines