GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sagar Cements Ltd (BOM:502090) » Definitions » Receivables Turnover

Sagar Cements (BOM:502090) Receivables Turnover : 3.41 (As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Sagar Cements 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. Sagar Cements's Revenue for the three months ended in Mar. 2024 was ₹7,087 Mil. Sagar Cements's average Accounts Receivable for the three months ended in Mar. 2024 was ₹2,077 Mil. Hence, Sagar Cements's Receivables Turnover for the three months ended in Mar. 2024 was 3.41.


Sagar Cements Receivables Turnover Historical Data

The historical data trend for Sagar Cements'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.

Sagar Cements Receivables Turnover Chart

Sagar Cements 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 9.19 11.39 14.42 17.59 14.69

Sagar Cements 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 4.67 4.05 2.76 3.14 3.41

Competitive Comparison of Sagar Cements's Receivables Turnover

For the Building Materials subindustry, Sagar Cements'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.


Sagar Cements's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sagar Cements's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sagar Cements's Receivables Turnover falls into.



Sagar Cements Receivables Turnover Calculation

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

Sagar Cements'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 )
=25046.1 / ((1332.1 + 2077.2) / 2 )
=25046.1 / 1704.65
=14.69

Sagar Cements'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 )
=7087.1 / ((0 + 2077.2) / 1 )
=7087.1 / 2077.2
=3.41

* 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.


Sagar Cements  (BOM:502090) 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.


Sagar Cements Receivables Turnover Related Terms

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


Sagar Cements (BOM:502090) Business Description

Traded in Other Exchanges
Address
Road No. 10, Plot No. 111, Jubilee Hills, Hyderabad, TG, IND, 500 033
Sagar Cements Ltd is a manufacturer and supplier of cement and cement-related products in India. It manufactures varieties of cement such as Ordinary Portland Cement, Portland Pozzolana Cement (PPC), and Portland Slag Cement and among others. Its business segment includes Cement Manufacturing and Power Generation. The firm generates a majority of its revenue from the cement manufacturing segment.

Sagar Cements (BOM:502090) Headlines

No Headlines