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Pakka (BOM:516030) Receivables Turnover : 3.30 (As of Dec. 2023)


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What is Pakka 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. Pakka's Revenue for the three months ended in Dec. 2023 was ₹993 Mil. Pakka's average Accounts Receivable for the three months ended in Dec. 2023 was ₹301 Mil. Hence, Pakka's Receivables Turnover for the three months ended in Dec. 2023 was 3.30.


Pakka Receivables Turnover Historical Data

The historical data trend for Pakka'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.

Pakka Receivables Turnover Chart

Pakka 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 16.57 15.19 11.08 15.34 17.38

Pakka 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 4.61 4.55 4.33 3.49 3.30

Competitive Comparison of Pakka's Receivables Turnover

For the Paper & Paper Products subindustry, Pakka'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.


Pakka's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Pakka's Receivables Turnover distribution charts can be found below:

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



Pakka Receivables Turnover Calculation

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

Pakka'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 )
=4083.082 / ((225.357 + 244.381) / 2 )
=4083.082 / 234.869
=17.38

Pakka'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 )
=993.374 / ((301.337 + 0) / 1 )
=993.374 / 301.337
=3.30

* 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.


Pakka  (BOM:516030) 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.


Pakka Receivables Turnover Related Terms

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Pakka (BOM:516030) Business Description

Traded in Other Exchanges
Address
Yash Nagar, Ayodhya, UP, IND, 224135
Pakka Ltd Formerly Yash Pakka Ltd is a specialty paper manufacturer in India. The company manufactures paper which is used for wrapping and making bags. It serves the packaging, stationery, pharmaceutical, and FMCG industries. Its operating segments include Paper, pulp and other products, and Moulded Products. The company generates maximum revenue from the Paper segment. Geographically, it derives a majority of its revenue from India.

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