GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Mangalore Chemicals & Fertilizers Ltd (NSE:MANGCHEFER) » Definitions » Receivables Turnover

Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Receivables Turnover : 1.30 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Mangalore Chemicals & Fertilizers 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. Mangalore Chemicals & Fertilizers's Revenue for the three months ended in Mar. 2024 was ₹7,832 Mil. Mangalore Chemicals & Fertilizers's average Accounts Receivable for the three months ended in Mar. 2024 was ₹6,043 Mil. Hence, Mangalore Chemicals & Fertilizers's Receivables Turnover for the three months ended in Mar. 2024 was 1.30.


Mangalore Chemicals & Fertilizers Receivables Turnover Historical Data

The historical data trend for Mangalore Chemicals & Fertilizers'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.

Mangalore Chemicals & Fertilizers Receivables Turnover Chart

Mangalore Chemicals & Fertilizers 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 1.80 2.19 4.93 5.12 5.57

Mangalore Chemicals & Fertilizers 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 1.53 1.27 7.64 3.47 1.30

Competitive Comparison of Mangalore Chemicals & Fertilizers's Receivables Turnover

For the Agricultural Inputs subindustry, Mangalore Chemicals & Fertilizers'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.


Mangalore Chemicals & Fertilizers's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Mangalore Chemicals & Fertilizers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mangalore Chemicals & Fertilizers's Receivables Turnover falls into.



Mangalore Chemicals & Fertilizers Receivables Turnover Calculation

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

Mangalore Chemicals & Fertilizers'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 )
=37922.452 / ((7572.426 + 6042.582) / 2 )
=37922.452 / 6807.504
=5.57

Mangalore Chemicals & Fertilizers'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 )
=7831.999 / ((0 + 6042.582) / 1 )
=7831.999 / 6042.582
=1.30

* 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.


Mangalore Chemicals & Fertilizers  (NSE:MANGCHEFER) 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.


Mangalore Chemicals & Fertilizers Receivables Turnover Related Terms

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


Mangalore Chemicals & Fertilizers Business Description

Traded in Other Exchanges
Address
Vittal Mallya Road, Level-11, UB Towers, UB City Number 24, Bengaluru, KA, IND, 560001
Mangalore Chemicals & Fertilizers Ltd manufactures and markets chemical fertilizers in the state of Karnataka. It manufactures both Nitrogenous and Phosphatic fertilizers and is the only manufacturer of fertilizers in the state of Karnataka. About 77% of the company's products are sold in the state of Karnataka, which meets about 10% of the needs of the farmers in the State.

Mangalore Chemicals & Fertilizers Headlines

No Headlines