Sun Pharmaceuticals Industries (BOM:524715) Receivables Turnover : 1.04 (As of Dec. 2024)

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What is Sun Pharmaceuticals 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. Sun Pharmaceuticals Industries's Revenue for the three months ended in Dec. 2024 was ₹134,369 Mil. Sun Pharmaceuticals Industries's average Accounts Receivable for the three months ended in Dec. 2024 was ₹129,420 Mil. Hence, Sun Pharmaceuticals Industries's Receivables Turnover for the three months ended in Dec. 2024 was 1.04.

Sun Pharmaceuticals Industries Receivables Turnover Historical Data

The historical data trend for Sun Pharmaceuticals 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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Sun Pharmaceuticals Industries Receivables Turnover Chart

Sun Pharmaceuticals Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.53

3.60

3.91

3.93

4.21

Sun Pharmaceuticals Industries 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															1.08	1.05	1.11	1.02	1.04

Competitive Comparison of Sun Pharmaceuticals Industries's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Sun Pharmaceuticals 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.

Sun Pharmaceuticals Industries's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sun Pharmaceuticals Industries's Receivables Turnover distribution charts can be found below:

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

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Sun Pharmaceuticals Industries Receivables Turnover Calculation

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

Sun Pharmaceuticals 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 )
=	477584.5	/ (	(114385.1	+	112493.7)	/	2 )
=	477584.5	/	113439.4
=	4.21

Sun Pharmaceuticals Industries'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 )
=	134369.4	/ (	(129419.9	+	0)	/	1 )
=	134369.4	/	129419.9
=	1.04

Sun Pharmaceuticals Industries (BOM:524715) 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.

Sun Pharmaceuticals Industries Receivables Turnover Related Terms

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Sun Pharmaceuticals Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sun Pharmaceuticals Industries Ltd (BOM:524715) » Definitions » Receivables Turnover

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SUNPHARMA:India

Address

Western Express Highway, Sun House, Plot No. 201 B/1, Goregaon (East), Mumbai, MH, IND, 400 063

Website

https://www.sunpharma.com

Sun Pharmaceuticals Industries Ltd is India's generic pharmaceutical manufacturing company. The company's substantial markets are the U.S. and India to make up the majority of revenue. The remaining is spread across both emerging and developed markets. In addition to generics, the company also produces and distributes name-brand formulas to specific geographies. It maintains manufacturing and research and development facilities globally to serve its markets but is majorly based in India.

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