Savera Industries (BOM:512634) Receivables Turnover : 12.00 (As of Mar. 2024)

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What is Savera Industries 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. Savera Industries's Revenue for the three months ended in Mar. 2024 was ₹189.9 Mil. Savera Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹15.8 Mil. Hence, Savera Industries's Receivables Turnover for the three months ended in Mar. 2024 was 12.00.

Savera Industries Receivables Turnover Historical Data

The historical data trend for Savera Industries'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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Savera Industries Receivables Turnover Chart

Savera Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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53.51

22.76

49.63

65.42

51.52

Savera Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															12.77	13.33	14.24	-	12.00

Competitive Comparison of Savera Industries's Receivables Turnover

For the Lodging subindustry, Savera Industries'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.

Savera Industries's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Savera Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Savera Industries's Receivables Turnover falls into.

Savera Industries Receivables Turnover Calculation

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

Savera Industries'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 )
=	721.536	/ (	(12.189	+	15.819)	/	2 )
=	721.536	/	14.004
=	51.52

Savera Industries'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 )
=	189.896	/ (	(0	+	15.819)	/	1 )
=	189.896	/	15.819
=	12.00

Savera Industries (BOM:512634) 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.

Savera Industries Receivables Turnover Related Terms

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Savera Industries (BOM:512634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Savera Industries Ltd (BOM:512634) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No. 146, Dr. Radhakrishnan Road, Mylapore, Chennai, TN, IND, 600004

Website

https://www.saverahotel.com

Savera Industries Ltd is engaged in the business of Hoteliering. It provides facilities for business conferences and banquets, a swimming pool, health club and restaurants. The Savera Hotel offers various categories of rooms, such as business standard, business club, executive, executive superior and executive club. Its room facilities include a mini bar with rooms, in-room electronic safe lockers, laundry and dry cleaning, spa, health club, travel desk, shopping arcade and valet parking. It also offers meetings and events, such as Samavesh, Sandesh, Maple, Fern, Pine, Sabha, Olive, Harappa, and Hampi.

Savera Industries (BOM:512634) Headlines

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