Sree Rayalaseema Hi-Strength Hypo (BOM:532842) Receivables Turnover : 1.55 (As of Mar. 2024)

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What is Sree Rayalaseema Hi-Strength Hypo 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. Sree Rayalaseema Hi-Strength Hypo's Revenue for the three months ended in Mar. 2024 was ₹1,652 Mil. Sree Rayalaseema Hi-Strength Hypo's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,068 Mil. Hence, Sree Rayalaseema Hi-Strength Hypo's Receivables Turnover for the three months ended in Mar. 2024 was 1.55.

Sree Rayalaseema Hi-Strength Hypo Receivables Turnover Historical Data

The historical data trend for Sree Rayalaseema Hi-Strength Hypo'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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Sree Rayalaseema Hi-Strength Hypo Receivables Turnover Chart

Sree Rayalaseema Hi-Strength Hypo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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8.03

10.17

11.04

11.74

6.77

Sree Rayalaseema Hi-Strength Hypo 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															2.92	1.75	2.13	2.03	1.55

Competitive Comparison of Sree Rayalaseema Hi-Strength Hypo's Receivables Turnover

For the Chemicals subindustry, Sree Rayalaseema Hi-Strength Hypo'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.

Sree Rayalaseema Hi-Strength Hypo's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sree Rayalaseema Hi-Strength Hypo's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sree Rayalaseema Hi-Strength Hypo's Receivables Turnover falls into.

Sree Rayalaseema Hi-Strength Hypo Receivables Turnover Calculation

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

Sree Rayalaseema Hi-Strength Hypo'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 )
=	8660.134	/ (	(1489.714	+	1068.279)	/	2 )
=	8660.134	/	1278.9965
=	6.77

Sree Rayalaseema Hi-Strength Hypo'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 )
=	1651.74	/ (	(0	+	1068.279)	/	1 )
=	1651.74	/	1068.279
=	1.55

Sree Rayalaseema Hi-Strength Hypo (BOM:532842) 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.

Sree Rayalaseema Hi-Strength Hypo Receivables Turnover Related Terms

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Sree Rayalaseema Hi-Strength Hypo (BOM:532842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sree Rayalaseema Hi-Strength Hypo Ltd (BOM:532842) » Definitions » Receivables Turnover

Traded in Other Exchanges

SRHHYPOLTD:India

Address

216, K.J.S. Complex, Bhagya Nagar, Kurnool, AP, IND, 518004

Website

https://www.srhhl.com

Sree Rayalaseema Hi-Strength Hypo Ltd is an India based company engaged in the manufacture of inorganic chemicals and the generation of power through wind and thermal. The company has two reportable segments: Chemical manufacturing and Power Generation. The company's product includes Sulphuric acid, Chlorosulphonic acid, Chloramine, oleum, Hydrochloric acid, Monochloro acetic acid, Sodium dichloroisocyanyurate, Hydrogen gas, Aluminium sulphate, Stable bleaching powder, Sodium hydride, Sodium methoxide powder, Sodium methoxide solution and Water treatment chemicals.

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