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SAR Auto Products (BOM:538992) Receivables Turnover : 3.56 (As of Mar. 2024)


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What is SAR Auto Products 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. SAR Auto Products's Revenue for the three months ended in Mar. 2024 was ₹53.9 Mil. SAR Auto Products's average Accounts Receivable for the three months ended in Mar. 2024 was ₹15.1 Mil. Hence, SAR Auto Products's Receivables Turnover for the three months ended in Mar. 2024 was 3.56.


SAR Auto Products Receivables Turnover Historical Data

The historical data trend for SAR Auto Products'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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SAR Auto Products Receivables Turnover Chart

SAR Auto Products 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 2.52 2.25 2.88 2.98 8.28

SAR Auto Products 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 1.10 1.14 2.44 2.65 3.56

Competitive Comparison of SAR Auto Products's Receivables Turnover

For the Auto Parts subindustry, SAR Auto Products'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.


SAR Auto Products's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SAR Auto Products's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SAR Auto Products's Receivables Turnover falls into.



SAR Auto Products Receivables Turnover Calculation

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

SAR Auto Products'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 )
=200.358 / ((33.294 + 15.12) / 2 )
=200.358 / 24.207
=8.28

SAR Auto Products'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 )
=53.88 / ((0 + 15.12) / 1 )
=53.88 / 15.12
=3.56

* 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.


SAR Auto Products  (BOM:538992) 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.


SAR Auto Products Receivables Turnover Related Terms

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SAR Auto Products (BOM:538992) Business Description

Traded in Other Exchanges
N/A
Address
50-E, Bhaktinagar Industrial Estate, Rajkot, GJ, IND, 360002
SAR Auto Products Ltd is carrying on the business of manufacturing auto components. The company manufactures auto components comprising of automobile gears like a spur, helical, straight bevel, sprockets along with transmission spline shaft, couplings and power takeoff clutches which are used for transmission, engine, and differential gearboxes. It operates in the manufacturing segment. The company caters to both domestic and international markets.

SAR Auto Products (BOM:538992) Headlines

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