Kriti Industries (India) (NSE:KRITI) Receivables Turnover : 4.82 (As of Dec. 2024)

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What is Kriti Industries (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. Kriti Industries (India)'s Revenue for the three months ended in Dec. 2024 was ₹2,099 Mil. Kriti Industries (India)'s average Accounts Receivable for the three months ended in Dec. 2024 was ₹436 Mil. Hence, Kriti Industries (India)'s Receivables Turnover for the three months ended in Dec. 2024 was 4.82.

Kriti Industries (India) Receivables Turnover Historical Data

The historical data trend for Kriti Industries (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.

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Kriti Industries (India) Receivables Turnover Chart

Kriti Industries (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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7.57

10.56

15.34

17.08

14.42

Kriti Industries (India) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															4.78	2.92	3.85	2.69	4.82

Competitive Comparison of Kriti Industries (India)'s Receivables Turnover

For the Building Products & Equipment subindustry, Kriti Industries (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.

Kriti Industries (India)'s Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kriti Industries (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kriti Industries (India)'s Receivables Turnover falls into.

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Kriti Industries (India) Receivables Turnover Calculation

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

Kriti Industries (India)'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 )
=	8666.261	/ (	(534.334	+	667.438)	/	2 )
=	8666.261	/	600.886
=	14.42

Kriti Industries (India)'s Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	2098.766	/ (	(435.728	+	0)	/	1 )
=	2098.766	/	435.728
=	4.82

Kriti Industries (India) (NSE:KRITI) 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.

Kriti Industries (India) Receivables Turnover Related Terms

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Kriti Industries (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kriti Industries (India) Ltd (NSE:KRITI) » Definitions » Receivables Turnover

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Traded in Other Exchanges

526423:India

Address

Plot No. 10, Scheme No. 78-II, Vijay Nagar, Brilliant Sapphire, 801 - 804, 8th Floor, Indore, MP, IND, 452 010

Website

http://www.kritiindia.com

Kriti Industries (India) Ltd is a manufacturer of plastic polymer Piping Systems, Blow moulded plastic products as well as refined Soyabean products. Its agriculture products include rigid polyvinyl chloride (RPVC) pipe and fittings, casing pipe, polyethylene (PE) coils, sprinkler systems, submersible pipe, suction, and garden pipe. Building products include soil waste rainwater (SWR) drainage pipe and fittings, chlorinated polyvinyl chloride (CPVC) and plumb pipe and fittings, garden pipe and water tank. Its micro irrigation products includes micro irrigation lateral (inline and online), sprinkler systems, and RPVC pipe and fittings. Geographically, it derives a majority of revenue from India.

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