Shilp Gravures (BOM:513709) Receivables Turnover : 1.59 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Shilp Gravures 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. Shilp Gravures's Revenue for the three months ended in Mar. 2024 was ₹224.2 Mil. Shilp Gravures's average Accounts Receivable for the three months ended in Mar. 2024 was ₹140.6 Mil. Hence, Shilp Gravures's Receivables Turnover for the three months ended in Mar. 2024 was 1.59.

Shilp Gravures Receivables Turnover Historical Data

The historical data trend for Shilp Gravures'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.

Shilp Gravures Receivables Turnover Chart

Shilp Gravures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

4.35

4.34

4.87

5.53

5.56

Shilp Gravures 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															1.27	1.22	1.29	1.07	1.59

Competitive Comparison of Shilp Gravures's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Shilp Gravures'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.

Shilp Gravures's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shilp Gravures's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shilp Gravures's Receivables Turnover falls into.

Shilp Gravures Receivables Turnover Calculation

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

Shilp Gravures'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 )
=	874.797	/ (	(174.296	+	140.582)	/	2 )
=	874.797	/	157.439
=	5.56

Shilp Gravures'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 )
=	224.166	/ (	(0	+	140.582)	/	1 )
=	224.166	/	140.582
=	1.59

Shilp Gravures (BOM:513709) 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.

Shilp Gravures Receivables Turnover Related Terms

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

Shilp Gravures (BOM:513709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shilp Gravures Ltd (BOM:513709) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maple Trade Center, 7th Floor, 715 to 717, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380058

Website

https://www.shilpgravures.com

Shilp Gravures Ltd is an India-based company, which offers engraved copper rollers and printing plates. It serves various sections of the gravure industry, such as flexible packaging, Anilox rollers, polyvinyl chloride (PVC) flooring, artificial leather, gift wrapper, security printing, and transfer printing. The company's segments includes manufacture of engraved copper rollers and energy generation through wind mill. The Engraved Copper Roller segment derives the majority revenue engaged in the manufacture of engraved copper rollers. The Wind Mill segment is engaged in energy generation through the windmill.

Shilp Gravures (BOM:513709) Headlines

No Headlines