Supertex Industries (BOM:526133) Receivables Turnover : 0.33 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Supertex 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. Supertex Industries's Revenue for the three months ended in Dec. 2023 was ₹129.1 Mil. Supertex Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹393.4 Mil. Hence, Supertex Industries's Receivables Turnover for the three months ended in Dec. 2023 was 0.33.

Supertex Industries Receivables Turnover Historical Data

The historical data trend for Supertex 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.

* Premium members only.

Supertex Industries Receivables Turnover Chart

Supertex Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

2.39

3.09

1.39

1.59

1.74

Supertex Industries 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															0.24	0.73	0.24	0.67	0.33

Competitive Comparison of Supertex Industries's Receivables Turnover

For the Textile Manufacturing subindustry, Supertex 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.

Supertex Industries's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Supertex Industries's Receivables Turnover distribution charts can be found below:

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

Supertex Industries Receivables Turnover Calculation

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

Supertex Industries'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 )
=	681.745	/ (	(342.897	+	440.533)	/	2 )
=	681.745	/	391.715
=	1.74

Supertex Industries'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 )
=	129.1	/ (	(393.4	+	0)	/	1 )
=	129.1	/	393.4
=	0.33

Supertex Industries (BOM:526133) 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.

Supertex Industries Receivables Turnover Related Terms

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

Supertex Industries (BOM:526133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Supertex Industries Ltd (BOM:526133) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

45/49, Babu Genu Road, Princess Street, Balkrishna Krupa, 2nd Floor, Mumbai, MH, IND, 400002

Website

http://www.supertex.in

Supertex Industries Ltd engages in manufacturing draw warped and sized yarn beams of polyester and nylon. The company manufactures textured and twisted yarns of polyester and nylon for exports and trades in textile fabrics. Its product portfolio includes Polyester texturised and Nylon crimp yarn. The company also manufactures sized beams for weaving. It has developed products such as bi-shrinkage beams, Lycra beams, and nylon beams, among others. The company also exports its products. Geographically, it derives a majority of its revenue from the domestic market.

Supertex Industries (BOM:526133) Headlines

No Headlines