AGI Greenpac (BOM:500187) Receivables Turnover : 1.95 (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is AGI Greenpac 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. AGI Greenpac's Revenue for the three months ended in Mar. 2024 was ₹6,249 Mil. AGI Greenpac's average Accounts Receivable for the three months ended in Mar. 2024 was ₹3,207 Mil. Hence, AGI Greenpac's Receivables Turnover for the three months ended in Mar. 2024 was 1.95.

AGI Greenpac Receivables Turnover Historical Data

The historical data trend for AGI Greenpac'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.

AGI Greenpac Receivables Turnover Chart

AGI Greenpac Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

5.97

4.07

4.53

7.03

7.30

AGI Greenpac Quarterly Data
	Mar19	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															1.99	1.63	1.36	1.37	1.95

Competitive Comparison of AGI Greenpac's Receivables Turnover

For the Packaging & Containers subindustry, AGI Greenpac'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.

AGI Greenpac's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, AGI Greenpac's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AGI Greenpac's Receivables Turnover falls into.

AGI Greenpac Receivables Turnover Calculation

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

AGI Greenpac'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 )
=	24208.8	/ (	(3425.627	+	3207.2)	/	2 )
=	24208.8	/	3316.4135
=	7.30

AGI Greenpac'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 )
=	6248.7	/ (	(0	+	3207.2)	/	1 )
=	6248.7	/	3207.2
=	1.95

AGI Greenpac (BOM:500187) 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.

AGI Greenpac Receivables Turnover Related Terms

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

AGI Greenpac (BOM:500187) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » AGI Greenpac Ltd (BOM:500187) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AGI:India

Address

National Highway 8, 301-302, 3rd Floor, Park Centra, Sector 30, Gurugram, HR, IND, 122 001

Website

https://www.agigreenpac.com

AGI Greenpac Ltd is an India-based company engaged in the business segments of Investment Property, Packaging Products, and others. It generates maximum revenue from the Packaging products segment. In the Packaging Products segment, the company manufactures and markets various packaging products, including Glass containers Polyethylene Terephthalate (PET) bottles and products, and Security caps and closures. The Investment Property division comprises land & buildings owned by the Company and given on lease and the other segment includes wind power generation and other activities. The activities of the company are limited within the Indian Territories.

AGI Greenpac (BOM:500187) Headlines

No Headlines