GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Swarnsarita Jewels India Ltd (BOM:526365) » Definitions » Receivables Turnover

Swarnsarita Jewels India (BOM:526365) Receivables Turnover : 2.05 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Swarnsarita Jewels India 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. Swarnsarita Jewels India's Revenue for the three months ended in Dec. 2023 was ₹2,037 Mil. Swarnsarita Jewels India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹994 Mil. Hence, Swarnsarita Jewels India's Receivables Turnover for the three months ended in Dec. 2023 was 2.05.


Swarnsarita Jewels India Receivables Turnover Historical Data

The historical data trend for Swarnsarita Jewels India'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.

Swarnsarita Jewels India Receivables Turnover Chart

Swarnsarita Jewels India 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 9.41 8.43 7.29 9.60 10.37

Swarnsarita Jewels India 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 1.94 2.00 2.56 2.02 2.05

Competitive Comparison of Swarnsarita Jewels India's Receivables Turnover

For the Luxury Goods subindustry, Swarnsarita Jewels India'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.


Swarnsarita Jewels India's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Swarnsarita Jewels India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Swarnsarita Jewels India's Receivables Turnover falls into.



Swarnsarita Jewels India Receivables Turnover Calculation

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

Swarnsarita Jewels India'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 )
=8393.159 / ((860.311 + 757.657) / 2 )
=8393.159 / 808.984
=10.37

Swarnsarita Jewels India'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 )
=2036.75 / ((994.291 + 0) / 1 )
=2036.75 / 994.291
=2.05

* 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.


Swarnsarita Jewels India  (BOM:526365) 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.


Swarnsarita Jewels India Receivables Turnover Related Terms

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


Swarnsarita Jewels India (BOM:526365) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 24, 3-7 Dhanji Street, Navnidan Bhuvan, 2nd Floor, Mumbai, MH, IND, 400003
Swarnsarita Jewels India Ltd is principally engaged in manufacturing, exports-imports, wholesale and retail marketing of high-end Gold Jewellery and Diamond Jewellery. The company operates through multiple regions across India. Most of its revenue is earned from the Indian market, while it also has a presence in various abroad countries. It operates in one segment Diamond studded Jewellery.

Swarnsarita Jewels India (BOM:526365) Headlines

No Headlines