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Bayer CropScience (NSE:BAYERCROP) Receivables Turnover : 0.82 (As of Mar. 2024)


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What is Bayer CropScience 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. Bayer CropScience's Revenue for the three months ended in Mar. 2024 was ₹7,915 Mil. Bayer CropScience's average Accounts Receivable for the three months ended in Mar. 2024 was ₹9,601 Mil. Hence, Bayer CropScience's Receivables Turnover for the three months ended in Mar. 2024 was 0.82.


Bayer CropScience Receivables Turnover Historical Data

The historical data trend for Bayer CropScience'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.

Bayer CropScience Receivables Turnover Chart

Bayer CropScience Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.97 5.63 5.20 5.19 5.27

Bayer CropScience 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 1.01 1.78 0.81 0.48 0.82

Competitive Comparison of Bayer CropScience's Receivables Turnover

For the Agricultural Inputs subindustry, Bayer CropScience'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.


Bayer CropScience's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bayer CropScience's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bayer CropScience's Receivables Turnover falls into.



Bayer CropScience Receivables Turnover Calculation

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

Bayer CropScience's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=51032 / ((9756 + 9601) / 2 )
=51032 / 9678.5
=5.27

Bayer CropScience'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 )
=7915 / ((0 + 9601) / 1 )
=7915 / 9601
=0.82

* 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.


Bayer CropScience  (NSE:BAYERCROP) 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.


Bayer CropScience Receivables Turnover Related Terms

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Bayer CropScience (NSE:BAYERCROP) Business Description

Traded in Other Exchanges
Address
Bayer House, Central Avenue, Hiranandani Estate, Thane (West), Thane, MH, IND, 400 607
Bayer CropScience Ltd manufactures, distributes, and sells crop protection and hybrid seed products to the agriculture industry. The firm sells fungicides, weedicides, hybrid seeds, consumer in-home pest-control products, and other agrochemical products. Its geographical segments are India, Germany, Bangladesh, and Others, of which the vast majority of its revenue comes from India. The company is a subsidiary of Bayer AG, with the majority of common shares owned by its parent company and other Bayer AG subsidiaries.

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