Dhunseri Tea & Industries (NSE:DTIL) Receivables Turnover : 2.42 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Dhunseri Tea & Industries 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. Dhunseri Tea & Industries's Revenue for the three months ended in Mar. 2024 was ₹456 Mil. Dhunseri Tea & Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹188 Mil. Hence, Dhunseri Tea & Industries's Receivables Turnover for the three months ended in Mar. 2024 was 2.42.

Dhunseri Tea & Industries Receivables Turnover Historical Data

The historical data trend for Dhunseri Tea & Industries'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.

Dhunseri Tea & Industries Receivables Turnover Chart

Dhunseri Tea & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

8.05

14.63

17.70

17.22

20.34

Dhunseri Tea & Industries 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															2.05	4.57	2.74	2.21	2.42

Competitive Comparison of Dhunseri Tea & Industries's Receivables Turnover

For the Packaged Foods subindustry, Dhunseri Tea & Industries'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.

Dhunseri Tea & Industries's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dhunseri Tea & Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dhunseri Tea & Industries's Receivables Turnover falls into.

Dhunseri Tea & Industries Receivables Turnover Calculation

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

Dhunseri Tea & Industries'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 )
=	3954.215	/ (	(200.406	+	188.312)	/	2 )
=	3954.215	/	194.359
=	20.34

Dhunseri Tea & Industries'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 )
=	456.39	/ (	(0	+	188.312)	/	1 )
=	456.39	/	188.312
=	2.42

Dhunseri Tea & Industries (NSE:DTIL) 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.

Dhunseri Tea & Industries Receivables Turnover Related Terms

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

Dhunseri Tea & Industries (NSE:DTIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dhunseri Tea & Industries Ltd (NSE:DTIL) » Definitions » Receivables Turnover

Traded in Other Exchanges

538902:India

Address

4A, Woodburn Park, Dhunseri House, Kolkata, WB, IND, 700 020

Website

https://www.dhunseritea.com

Dhunseri Tea & Industries Ltd is engaged in the business of cultivation, manufacture, and sale of tea and macadamia nuts and other allied services relating to the plantation sector across various geographical areas. It has commenced on a trial basis the marketing and sale of tea packets (CHHOTE LAL) in Kolkata through a KIOSK and is exploring the possibility of an e commerce website. Its offshore expansion of plantation is in Malawi and is the producer of Macadamia. Its tea packaging and blending units are in Dhunseri Tea Estate and Jaipur. It has also launched another brand in the premium segment namely, BAHIPOOKRI in Rajasthan.