GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Scan Projects Ltd (BOM:531797) » Definitions » Receivables Turnover

Scan Projects (BOM:531797) Receivables Turnover : 1.30 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Scan Projects 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. Scan Projects's Revenue for the three months ended in Mar. 2024 was ₹30.66 Mil. Scan Projects's average Accounts Receivable for the three months ended in Mar. 2024 was ₹23.52 Mil. Hence, Scan Projects's Receivables Turnover for the three months ended in Mar. 2024 was 1.30.


Scan Projects Receivables Turnover Historical Data

The historical data trend for Scan Projects'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.

Scan Projects Receivables Turnover Chart

Scan Projects Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 1.30 1.21 1.87 1.94 3.39

Scan Projects Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.62 0.80 0.47 0.37 1.30

Competitive Comparison of Scan Projects's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Scan Projects'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.


Scan Projects's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Scan Projects's Receivables Turnover falls into.



Scan Projects Receivables Turnover Calculation

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

Scan Projects'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 )
=79.881 / ((23.584 + 23.515) / 2 )
=79.881 / 23.5495
=3.39

Scan Projects's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=30.664 / ((0 + 23.515) / 1 )
=30.664 / 23.515
=1.30

* 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.


Scan Projects  (BOM:531797) 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.


Scan Projects Receivables Turnover Related Terms

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


Scan Projects (BOM:531797) Business Description

Traded in Other Exchanges
N/A
Address
Delhi Road, 1, Village Jorian, Yamuna Nagar, HR, IND, 135001
Scan Projects Ltd formerly Known as Ambala Cements Limited is engaged in the erection, commissioning, supervision, project drawing, designing, and trading of fabricating material, equipment parts, and other material. Domestic sales generate maximum revenue for the company. Geographically, the company operates in India and outside India.

Scan Projects (BOM:531797) Headlines

No Headlines