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Shanthi Gears (BOM:522034) Receivables Turnover : 1.12 (As of Mar. 2025)


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What is Shanthi Gears 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. Shanthi Gears's Revenue for the three months ended in Mar. 2025 was ₹1,532 Mil. Shanthi Gears's average Accounts Receivable for the three months ended in Mar. 2025 was ₹1,372 Mil. Hence, Shanthi Gears's Receivables Turnover for the three months ended in Mar. 2025 was 1.12.


Shanthi Gears Receivables Turnover Historical Data

The historical data trend for Shanthi Gears'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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Shanthi Gears Receivables Turnover Chart

Shanthi Gears Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 5.52 6.21 5.76 4.74

Shanthi Gears Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.30 1.18 1.20 1.22 1.12

Competitive Comparison of Shanthi Gears's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Shanthi Gears'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.


Shanthi Gears's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shanthi Gears's Receivables Turnover falls into.


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Shanthi Gears Receivables Turnover Calculation

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

Shanthi Gears's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=6046.2 / ((1179.6 + 1372) / 2 )
=6046.2 / 1275.8
=4.74

Shanthi Gears's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=1532.1 / ((0 + 1372) / 1 )
=1532.1 / 1372
=1.12

* 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.


Shanthi Gears  (BOM:522034) 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.


Shanthi Gears Receivables Turnover Related Terms

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Shanthi Gears Business Description

Traded in Other Exchanges
Address
304-A, Trichy Road, Singanallur, Coimbatore, TN, IND, 641005
Shanthi Gears Ltd is an India-based company, that engages in the design, manufacture, supply, and servicing of gears and gearboxes. It offers standard worm gearboxes; helical and bevel helical gearboxes; geared motors; cooling tower, extruder, and rolling mill gearboxes; textile gears, and gear assemblies among others. Geographically the company generates maximum revenue within India and the rest from its customers in America, Europe, and other regions.

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