DCM Shriram (BOM:523367) Receivables Turnover : 4.69 (As of Dec. 2023)

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

What is DCM Shriram 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. DCM Shriram's Revenue for the three months ended in Dec. 2023 was ₹30,229 Mil. DCM Shriram's average Accounts Receivable for the three months ended in Dec. 2023 was ₹6,452 Mil. Hence, DCM Shriram's Receivables Turnover for the three months ended in Dec. 2023 was 4.69.

DCM Shriram Receivables Turnover Historical Data

The historical data trend for DCM Shriram'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.

DCM Shriram Receivables Turnover Chart

DCM Shriram Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

8.00

7.29

10.73

14.14

13.20

DCM Shriram Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.51	3.19	3.26	4.18	4.69

Competitive Comparison of DCM Shriram's Receivables Turnover

For the Specialty Chemicals subindustry, DCM Shriram'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.

DCM Shriram's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, DCM Shriram's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where DCM Shriram's Receivables Turnover falls into.

DCM Shriram Receivables Turnover Calculation

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

DCM Shriram's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	114793.3	/ (	(8906.7	+	8482.1)	/	2 )
=	114793.3	/	8694.4
=	13.20

DCM Shriram's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	30229.2	/ (	(6451.8	+	0)	/	1 )
=	30229.2	/	6451.8
=	4.69

DCM Shriram (BOM:523367) 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.

DCM Shriram Receivables Turnover Related Terms

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

DCM Shriram (BOM:523367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » DCM Shriram Ltd (BOM:523367) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DCMSHRIRAM:India

Address

Aerocity, 2 Floor (West Wing), World Mark-1, New Delhi, IND, 110037

Website

https://www.dcmshriram.com

DCM Shriram Ltd is an Indian conglomerate company which comprises of Agri-Rural, Chlor-Vinyl and value-added businesses. The company's business activities include the manufacture of fertilisers and pesticides, basic inorganic chemicals N.E.C and refining sugar. The company produces Urea & SSP fertilisers, sugar, farm inputs such as DAP, caustic soda, chlorine, calcium carbide, PVC resins, PVC compounds, power, and cement. Its Agri-input business produces hybrid seeds, pesticides, Bulk fertilizers, micro-nutrients and other value-added inputs. In addition, company engaged in research, production, processing, extension activities and marketing. The company manages its business in six segments; Fertilisers, Chloro-Vinyl, Shriram Farm solution, Bioseed, Sugar, and others.

DCM Shriram (BOM:523367) Headlines

No Headlines