Superles India (BOM:512527) Receivables Turnover : 1.37 (As of Dec. 2024)

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What is Superles 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. Superles India's Revenue for the three months ended in Dec. 2024 was ₹1,000 Mil. Superles India's average Accounts Receivable for the three months ended in Dec. 2024 was ₹732 Mil. Hence, Superles India's Receivables Turnover for the three months ended in Dec. 2024 was 1.37.

Superles India Receivables Turnover Historical Data

The historical data trend for Superles 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.

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Superles India Receivables Turnover Chart

Superles India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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5.02

4.42

6.52

5.41

6.54

Superles India Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.40	1.63	1.59	1.38	1.37

Competitive Comparison of Superles India's Receivables Turnover

For the Textile Manufacturing subindustry, Superles 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.

Superles India's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Superles India's Receivables Turnover distribution charts can be found below:

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

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Superles India Receivables Turnover Calculation

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

Superles India'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 )
=	4191.839	/ (	(668.825	+	612.986)	/	2 )
=	4191.839	/	640.9055
=	6.54

Superles India's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	999.789	/ (	(731.941	+	0)	/	1 )
=	999.789	/	731.941
=	1.37

Superles India (BOM:512527) 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.

Superles India Receivables Turnover Related Terms

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Superles India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Super Sales India Ltd (BOM:512527) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

34-A, Kamaraj Road, Coimbatore, TN, IND, 641 018

Website

https://www.supersales.co.in

Super Sales India Ltd is engaged in the manufacturing of yarn. The company's operating segment includes Agency, Textiles, and Engineering. It generates maximum revenue from the Textiles segment. The company's textile products include Weaving Yarns, Knitting Yarns, Doubled Yarns, Core-Spun Yarns, Normal Slub/Injection Slub/Multi-count/Multi-slub, and Industrial Yarns. It also manufactures and supplies gears and gearboxes. Some of the Engineering products include Spur Gear, Timing Belt Pulley, Helical Gear, Worm, and Worm Wheel Gears, Coiler and Comber Gear Box Assembly, and others. Geographically, it derives a majority of its revenue from India.

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