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Shoppers Stop (NSE:SHOPERSTOP) Receivables Turnover : 12.70 (As of Mar. 2024)


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What is Shoppers Stop 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. Shoppers Stop's Revenue for the three months ended in Mar. 2024 was ₹10,463 Mil. Shoppers Stop's average Accounts Receivable for the three months ended in Mar. 2024 was ₹824 Mil. Hence, Shoppers Stop's Receivables Turnover for the three months ended in Mar. 2024 was 12.70.


Shoppers Stop Receivables Turnover Historical Data

The historical data trend for Shoppers Stop'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.

Shoppers Stop Receivables Turnover Chart

Shoppers Stop 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 85.20 53.39 80.90 132.07 77.24

Shoppers Stop 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 31.41 33.78 17.81 21.22 12.70

Competitive Comparison of Shoppers Stop's Receivables Turnover

For the Department Stores subindustry, Shoppers Stop'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.


Shoppers Stop's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Shoppers Stop's Receivables Turnover falls into.



Shoppers Stop Receivables Turnover Calculation

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

Shoppers Stop'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 )
=43165.9 / ((294.1 + 823.6) / 2 )
=43165.9 / 558.85
=77.24

Shoppers Stop'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 )
=10463.4 / ((0 + 823.6) / 1 )
=10463.4 / 823.6
=12.70

* 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.


Shoppers Stop  (NSE:SHOPERSTOP) 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.


Shoppers Stop Receivables Turnover Related Terms

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Shoppers Stop (NSE:SHOPERSTOP) Business Description

Traded in Other Exchanges
Address
Mindspace, Off. Link Road, Umang Tower, 5th Floor, Malad (West), Mumbai, MH, IND, 400064
Shoppers Stop Ltd is an India-based company engaged in the business of retailing a variety of household and consumer products through departmental stores. The group's products include apparels and non-apparels. The Non-Apparel includes Cosmetics, Personal Accessories, Jewellery, and Leather goods, Home Wares, Electronics, Books, and Music.

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