Walpar Nutritions (NSE:WALPAR) Receivables Turnover : 1.60 (As of Sep. 2022)

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What is Walpar Nutritions 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. Walpar Nutritions's Revenue for the six months ended in Sep. 2022 was ₹165.2 Mil. Walpar Nutritions's average Accounts Receivable for the six months ended in Sep. 2022 was ₹103.1 Mil. Hence, Walpar Nutritions's Receivables Turnover for the six months ended in Sep. 2022 was 1.60.

Walpar Nutritions Receivables Turnover Historical Data

The historical data trend for Walpar Nutritions'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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Walpar Nutritions Receivables Turnover Chart

Walpar Nutritions Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Receivables Turnover

4.38

3.98

2.71

0.84

3.29

Walpar Nutritions Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22
Receivables Turnover	Get a 7-Day Free Trial			-	-	1.52	1.25	1.60

Competitive Comparison of Walpar Nutritions's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Walpar Nutritions'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.

Walpar Nutritions's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Walpar Nutritions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Walpar Nutritions's Receivables Turnover falls into.

Walpar Nutritions Receivables Turnover Calculation

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

Walpar Nutritions's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Receivables Turnover (A: Mar. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2022 )	/ (	(Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )
=	267.574	/ (	(71.55	+	91.122)	/	2 )
=	267.574	/	81.336
=	3.29

Walpar Nutritions's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

	Receivables Turnover (Q: Sep. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2022 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Sep. 2022 ))	/	count )
=	165.196	/ (	(91.122	+	114.999)	/	2 )
=	165.196	/	103.0605
=	1.60

Walpar Nutritions (NSE:WALPAR) 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.

Walpar Nutritions Receivables Turnover Related Terms

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Walpar Nutritions (NSE:WALPAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Walpar Nutritions Ltd (NSE:WALPAR) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Khatraj, 2nd Floor L5:377 Plot No 5, Omkar Estate, Opposite Sabarmati Gas Station, Kalol, Gandhinagar, GJ, IND, 382721

Website

https://www.walparnutritions.com

Walpar Nutritions Ltd is primarily engaged in manufacturing and trading of Pharmaceutical, Nutraceutical, Herbal, and Ayurvedic commodities.

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