Nova Agritech (NSE:NOVAAGRI) Receivables Turnover : 0.00 (As of Dec. 2024)

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What is Nova Agritech 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. Nova Agritech's Revenue for the three months ended in Dec. 2024 was ₹882 Mil. Nova Agritech's average Accounts Receivable for the three months ended in Dec. 2024 was ₹0 Mil.

Nova Agritech Receivables Turnover Historical Data

The historical data trend for Nova Agritech'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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Nova Agritech Receivables Turnover Chart

Nova Agritech Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

1.89

2.09

2.12

2.20

Nova Agritech Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial				0.59	0.68	0.57	0.34	-

Competitive Comparison of Nova Agritech's Receivables Turnover

For the Agricultural Inputs subindustry, Nova Agritech'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.

Nova Agritech's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nova Agritech's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nova Agritech's Receivables Turnover falls into.

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Nova Agritech Receivables Turnover Calculation

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

Nova Agritech'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 )
=	2524.736	/ (	(1056.764	+	1234.277)	/	2 )
=	2524.736	/	1145.5205
=	2.20

Nova Agritech'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: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	881.891	/ (	(0	+	0)	/	1 )
=	881.891	/	0
=	N/A

Nova Agritech (NSE:NOVAAGRI) 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.

Nova Agritech Receivables Turnover Related Terms

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Nova Agritech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nova Agritech Ltd (NSE:NOVAAGRI) » Definitions » Receivables Turnover

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Traded in Other Exchanges

544100:India

Address

Sy.No.251/A/1, Singannaguda Village, Mulugu Mandal, Medak, Siddipet, TG, IND, 502279

Website

https://www.novaagri.in

Nova Agritech Ltd is an agri-input manufacturer company. It offers soil health management, crop nutrition, and crop protection products focused on tech-based farmer-driven solutions and also offers ecologically sustainable and nutritionally balanced products. It also manufactures, distributes and market a wide range of product categories consisting of (a) soil health management products; (b) crop nutrition products; (c) bio stimulant products (d) bio pesticide products (e) Integrated pest management products; (f) new technologies; and (g) crop protection products.

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