GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Prudential Sugar Corp Ltd (NSE:PRUDMOULI) » Definitions » Receivables Turnover

Prudential Sugar (NSE:PRUDMOULI) Receivables Turnover : 18.65 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Prudential Sugar 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. Prudential Sugar's Revenue for the three months ended in Dec. 2023 was ₹256.9 Mil. Prudential Sugar's average Accounts Receivable for the three months ended in Dec. 2023 was ₹13.8 Mil. Hence, Prudential Sugar's Receivables Turnover for the three months ended in Dec. 2023 was 18.65.


Prudential Sugar Receivables Turnover Historical Data

The historical data trend for Prudential Sugar'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.

Prudential Sugar Receivables Turnover Chart

Prudential Sugar 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 - - - - 712.24

Prudential Sugar 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 131.84 151.03 63.41 0.73 18.65

Competitive Comparison of Prudential Sugar's Receivables Turnover

For the Confectioners subindustry, Prudential Sugar'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.


Prudential Sugar's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Prudential Sugar's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Prudential Sugar's Receivables Turnover falls into.



Prudential Sugar Receivables Turnover Calculation

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

Prudential Sugar'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 )
=806.965 / ((0 + 1.133) / 1 )
=806.965 / 1.133
=712.24

Prudential Sugar'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 )
=256.919 / ((13.776 + 0) / 1 )
=256.919 / 13.776
=18.65

* 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.


Prudential Sugar  (NSE:PRUDMOULI) 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.


Prudential Sugar Receivables Turnover Related Terms

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


Prudential Sugar (NSE:PRUDMOULI) Business Description

Traded in Other Exchanges
Address
Akash Ganga, 4th Floor, Plot No 144, Srinagar Colony, Hyderabad, TG, IND, 500 073
Prudential Sugar Corp Ltd produces and exports white crystal sugar. The company also manufactures alcohol through molasses fermentation. Its products include rectified spirit, industrial alcohol, extra neutral alcohol, and anhydrous alcohol.

Prudential Sugar (NSE:PRUDMOULI) Headlines

No Headlines