Indian Wood Products Co (BOM:540954) Receivables Turnover

: 0.78 (As of Dec. 2023)

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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. Indian Wood Products Co's Revenue for the three months ended in Dec. 2023 was ₹445 Mil. Indian Wood Products Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₹573 Mil. Hence, Indian Wood Products Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.78.

Indian Wood Products Co Receivables Turnover Historical Data

The historical data trend for Indian Wood Products Co'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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Indian Wood Products Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

5.42

4.27

3.13

3.61

3.81

Indian Wood Products Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover																0.93	0.97	1.15	0.84	0.78

Competitive Comparison

For the Lumber & Wood Production subindustry, Indian Wood Products Co'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.

Indian Wood Products Co Receivables Turnover Distribution

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

* The bar in red indicates where Indian Wood Products Co's Receivables Turnover falls into.

Indian Wood Products Co Receivables Turnover Calculation

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

Indian Wood Products Co'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 )
=	1807.318	/ (	(507.087	+	440.836)	/	2 )
=	1807.318	/	473.9615
=	3.81

Indian Wood Products Co'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 )
=	444.953	/ (	(573.046	+	0)	/	1 )
=	444.953	/	573.046
=	0.78

Indian Wood Products Co (BOM:540954) 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.

Indian Wood Products Co Receivables Turnover Related Terms

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Indian Wood Products Co (BOM:540954) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Indian Wood Products Co Ltd (BOM:540954) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

9, Brabourne Road, 7th Floor, Bombay Mutual Building, Kolkata, WB, IND, 700001

Website

https://www.iwpkatha.com

Indian Wood Products Co Ltd is engaged in the production, processing, and marketing of Katha and Cutch. The company's products are used as a mouth freshener, medical, and dyeing agent for natural fibers, and are also useful for the treatment of Acute viral hepatitis, and as Anti-diabetic, Anti-inflammatory, Anti-Diarrhoea, Anti-dysentery, Chemo-prevention, and others. It is also traditionally used for the treatment of Gums and Tooth and skin ailments. The company derives a majority of its revenue from the sales of Katha. The group principally operates in India.

Indian Wood Products Co (BOM:540954) Headlines

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