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SPV Global Trading (BOM:512221) Receivables Turnover : 1.88 (As of Mar. 2024)


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What is SPV Global Trading 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. SPV Global Trading's Revenue for the three months ended in Mar. 2024 was ₹1,808 Mil. SPV Global Trading's average Accounts Receivable for the three months ended in Mar. 2024 was ₹962 Mil. Hence, SPV Global Trading's Receivables Turnover for the three months ended in Mar. 2024 was 1.88.


SPV Global Trading Receivables Turnover Historical Data

The historical data trend for SPV Global Trading'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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SPV Global Trading Receivables Turnover Chart

SPV Global Trading Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.86 6.54 4.78 5.35 7.02

SPV Global Trading Quarterly Data
Jun19 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 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 1.53 1.57 1.52 1.17 1.88

Competitive Comparison of SPV Global Trading's Receivables Turnover

For the Industrial Distribution subindustry, SPV Global Trading'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.


SPV Global Trading's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, SPV Global Trading's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SPV Global Trading's Receivables Turnover falls into.



SPV Global Trading Receivables Turnover Calculation

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

SPV Global Trading'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 )
=6882.686 / ((999.38 + 962.325) / 2 )
=6882.686 / 980.8525
=7.02

SPV Global Trading'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 )
=1808.181 / ((0 + 962.325) / 1 )
=1808.181 / 962.325
=1.88

* 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.


SPV Global Trading  (BOM:512221) 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.


SPV Global Trading Receivables Turnover Related Terms

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SPV Global Trading (BOM:512221) Business Description

Traded in Other Exchanges
N/A
Address
28/30, Anant wadi, Ground Floor, Binani Bhavan, Bhuleshwar, Mumbai, MH, IND, 400002
SPV Global Trading Ltd deals in non-ferrous metals which serves the copper alloy manufacturing industry, which in turn serves many industries such as Automobiles, Electricals, Electronics, horological, and coinage. The Company is involved in manufacturing of "Non-ferrous Semis & Copper Alloys". Geographically, it operates in India as well as Outside India. Majority revenue is generated from the sale of products.

SPV Global Trading (BOM:512221) Headlines

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