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Khaitan India (NSE:KHAITANLTD) Receivables Turnover : 1.62 (As of Dec. 2023)


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What is Khaitan India 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. Khaitan India's Revenue for the three months ended in Dec. 2023 was ₹137.2 Mil. Khaitan India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹84.6 Mil. Hence, Khaitan India's Receivables Turnover for the three months ended in Dec. 2023 was 1.62.


Khaitan India Receivables Turnover Historical Data

The historical data trend for Khaitan India'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.

Khaitan India Receivables Turnover Chart

Khaitan India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.44 3.28 4.08 4.61 5.61

Khaitan India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.52 1.46 1.54 1.77 1.62

Competitive Comparison of Khaitan India's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Khaitan India'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.


Khaitan India's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Khaitan India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Khaitan India's Receivables Turnover falls into.



Khaitan India Receivables Turnover Calculation

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

Khaitan India's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=594.556 / ((123.241 + 88.901) / 2 )
=594.556 / 106.071
=5.61

Khaitan India's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=137.155 / ((84.649 + 0) / 1 )
=137.155 / 84.649
=1.62

* 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.


Khaitan India  (NSE:KHAITANLTD) 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.


Khaitan India Receivables Turnover Related Terms

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Khaitan India (NSE:KHAITANLTD) Business Description

Traded in Other Exchanges
Address
46 C, Jawaharlal Nehru Road, Everest House, Kolkata, WB, IND, 700001
Khaitan India Ltd is an Indian company engaged in the trading of electrical products. Its business operating segments include Electrical Goods, Sugar, and Agriculture. The firm generates maximum revenue from the Electrical Goods segment that markets Fans, Coolers, and Pumps and gets a royalty. Fans contribute to the highest business.

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