Swojas Foods (BOM:530217) Receivables Turnover : 4.61 (As of Dec. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Swojas Foods 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. Swojas Foods's Revenue for the three months ended in Dec. 2024 was ₹360.7 Mil. Swojas Foods's average Accounts Receivable for the three months ended in Dec. 2024 was ₹78.3 Mil. Hence, Swojas Foods's Receivables Turnover for the three months ended in Dec. 2024 was 4.61.

Swojas Foods Receivables Turnover Historical Data

The historical data trend for Swojas Foods'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.

Swojas Foods Receivables Turnover Chart

Swojas Foods Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

8.12

Swojas Foods 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															-	8.12	-	1.00	4.61

Competitive Comparison of Swojas Foods's Receivables Turnover

For the Credit Services subindustry, Swojas Foods'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.

Swojas Foods's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Swojas Foods's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Swojas Foods's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Swojas Foods Receivables Turnover Calculation

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

Swojas Foods'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 )
=	3.97	/ (	(0	+	0.489)	/	1 )
=	3.97	/	0.489
=	8.12

Swojas Foods'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 )
=	360.739	/ (	(78.289	+	0)	/	1 )
=	360.739	/	78.289
=	4.61

Swojas Foods (BOM:530217) 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.

Swojas Foods Receivables Turnover Related Terms

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

Swojas Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Swojas Foods Ltd (BOM:530217) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Highway, Nr. Panchratna Party Plot, Block A, Office No. 1004, Mondeal Heights, Ahmedabad, GJ, IND, 380051

Website

https://www.sefl.co.in

Swojas Foods Ltd formerly Swojas Energy Foods Ltd is an Indian based company engaged in the agriculture business. It is also engaged in lending Short term Loans and Advances as a secondary activity and generates revenue from the same.

Swojas Foods Headlines

No Headlines