Setubandhan Infrastructure (BOM:533605) Receivables Turnover: 1.09 (As of Mar. 2023)

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BOM:533605 Setubandhan Infrastructure Ltd BOM:533605
4 GF Score
Price ₹0.70
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What is Setubandhan Infrastructure Receivables Turnover?

Setubandhan Infrastructure BOM:533605 +4.48% 4 Receivables Turnover is 1.09 as of Mar. 2023. GuruFocus rates BOM:533605 with a GF Score™ of 4/100.

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. Setubandhan Infrastructure's Revenue for the three months ended in Mar. 2023 was ₹250.5 Mil. Setubandhan Infrastructure's average Accounts Receivable for the three months ended in Mar. 2023 was ₹229.1 Mil. Hence, Setubandhan Infrastructure's Receivables Turnover for the three months ended in Mar. 2023 was 1.09.


Setubandhan Infrastructure  (BOM:533605) 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.


Setubandhan Infrastructure Receivables Turnover Related Terms


Setubandhan Infrastructure Receivables Turnover Historical Data

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The historical data trend for Setubandhan Infrastructure'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.

Setubandhan Infrastructure Receivables Turnover Chart

Setubandhan Infrastructure Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.76 8.22 4.57 4.91 2.47

Setubandhan Infrastructure Quarterly Data
Mar17 Mar18 Jun18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.59 0.24 2.02 2.40 1.09

BOM:533605 vs PWR, J: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Setubandhan Infrastructure'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.


Setubandhan Infrastructure Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Setubandhan Infrastructure's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Setubandhan Infrastructure's Receivables Turnover falls into.


BOM:533605
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Setubandhan Infrastructure Ltd BOM:533605
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Setubandhan Infrastructure Receivables Turnover Calculation

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

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

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=699.883 / ((338.419 + 229.071) / 2 )
=699.883 / 283.745
=2.47

Setubandhan Infrastructure's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=250.512 / ((0 + 229.071) / 1 )
=250.512 / 229.071
=1.09

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.09 mean?
Setubandhan Infrastructure (BOM:533605) has a Receivables Turnover of 1.09 as of Mar. 2023. The accounts 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. View historical data on Setubandhan Infrastructure and its competitors.
Is Setubandhan Infrastructure's Receivables Turnover too high?
Setubandhan Infrastructure's current Receivables Turnover is 1.09. The Construction industry median Receivables Turnover is 4.82. Setubandhan Infrastructure's value of 1.09 is 77.4% below this industry median. Overall, Setubandhan Infrastructure has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Setubandhan Infrastructure's Receivables Turnover compare to PWR and J?
Setubandhan Infrastructure's Receivables Turnover of 1.09 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.82. Setubandhan Infrastructure's value of 1.09 is 77.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Construction company?
The median Receivables Turnover among Construction companies is 4.82, based on 1,772 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Setubandhan Infrastructure's current Receivables Turnover of 1.09 is 77.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Setubandhan Infrastructure and its competitors. For the Construction industry, the median Receivables Turnover is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Setubandhan Infrastructure's current Receivables Turnover is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Setubandhan Infrastructure stock overvalued right now?
Setubandhan Infrastructure (BOM:533605) has a current Receivables Turnover of 1.09. The current Receivables Turnover is 1.09 and 77.4% below the Construction industry median of 4.82. Setubandhan Infrastructure's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Setubandhan Infrastructure (BOM:533605), the current Receivables Turnover is 1.09 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Setubandhan Infrastructure Business Description

Address Trimbak Road, Near Ved Mandir, 3A- 3rd Floor, The Exchange, Tidke Colony, Nashik, MH, IND, 422002
Setubandhan Infrastructure Ltd is an India-based company engaged in the activities of construction. It has a business of construction for government and semi-government authorities such as buildings, quarters, roads, bridges, airports, godowns, and hospitals, and works for private bodies for the construction of industrial buildings, residential and commercial complexes, townships, healthcare centers and institutional campuses with all related utility services. The company is also engaged in the business of real estate development.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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