Bulkcorp International (NSE:BULKCORP) Receivables Turnover : 5.47 (As of Mar. 2024)

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What is Bulkcorp International 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. Bulkcorp International's Revenue for the six months ended in Mar. 2024 was ₹451.8 Mil. Bulkcorp International's average Accounts Receivable for the six months ended in Mar. 2024 was ₹82.7 Mil. Hence, Bulkcorp International's Receivables Turnover for the six months ended in Mar. 2024 was 5.47.

Bulkcorp International Receivables Turnover Historical Data

The historical data trend for Bulkcorp International'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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Bulkcorp International Receivables Turnover Chart

Bulkcorp International Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

5.96

7.43

5.63

5.47

Bulkcorp International Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Receivables Turnover	5.96	7.43	5.63	5.47

Competitive Comparison of Bulkcorp International's Receivables Turnover

For the Packaging & Containers subindustry, Bulkcorp International'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.

Bulkcorp International's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bulkcorp International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bulkcorp International's Receivables Turnover falls into.

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Bulkcorp International Receivables Turnover Calculation

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

Bulkcorp International'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 )
=	451.825	/ (	(58.965	+	106.383)	/	2 )
=	451.825	/	82.674
=	5.47

Bulkcorp International'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: Mar. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	451.825	/ (	(58.965	+	106.383)	/	2 )
=	451.825	/	82.674
=	5.47

Bulkcorp International (NSE:BULKCORP) 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.

Bulkcorp International Receivables Turnover Related Terms

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Bulkcorp International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bulkcorp International Ltd (NSE:BULKCORP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corporate Road, 309, Safal Prelude, Off Prahalad Nagar Audagarden, Ahmedabad, GJ, IND, 380015

Website

https://www.bulkcorp-int.com

Bulkcorp International Ltd is engaged in the manufacturing and supply of Food Grade Flexible Intermediate Bulk Container (FIBC) bags. It offers a range of customisable packaging solutions FIBC bags (Jumbo Bags) which come in eight variations and container liners. Its products include 4 Loop bags, Q FIBC bags, Ventilated bags, etc.

Bulkcorp International Headlines

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