Sharda Cropchem (BOM:538666) Receivables Turnover : 0.88 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Sharda Cropchem 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. Sharda Cropchem's Revenue for the three months ended in Mar. 2024 was ₹13,121 Mil. Sharda Cropchem's average Accounts Receivable for the three months ended in Mar. 2024 was ₹14,980 Mil. Hence, Sharda Cropchem's Receivables Turnover for the three months ended in Mar. 2024 was 0.88.

Sharda Cropchem Receivables Turnover Historical Data

The historical data trend for Sharda Cropchem'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.

Sharda Cropchem Receivables Turnover Chart

Sharda Cropchem Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

2.22

2.65

2.40

1.90

Sharda Cropchem 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															0.81	0.35	0.65	0.71	0.88

Competitive Comparison of Sharda Cropchem's Receivables Turnover

For the Agricultural Inputs subindustry, Sharda Cropchem'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.

Sharda Cropchem's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sharda Cropchem's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sharda Cropchem's Receivables Turnover falls into.

Sharda Cropchem Receivables Turnover Calculation

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

Sharda Cropchem'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 )
=	31630.245	/ (	(18333.05	+	14979.995)	/	2 )
=	31630.245	/	16656.5225
=	1.90

Sharda Cropchem'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 )
=	13120.504	/ (	(0	+	14979.995)	/	1 )
=	13120.504	/	14979.995
=	0.88

Sharda Cropchem (BOM:538666) 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.

Sharda Cropchem Receivables Turnover Related Terms

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

Sharda Cropchem (BOM:538666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sharda Cropchem Ltd (BOM:538666) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SHARDACROP:India

Address

Dashrathlal Joshi Road, 2nd Floor, Prime Business Park, Vile Parle (West), Mumbai, MH, IND, 400 056

Website

http://www.shardacropchem.com

Sharda Cropchem Ltd is an agrochemical company based in India. It markets and sells formulations and active ingredients for agricultural purposes world wide through its subsidiaries. its business is obtained from the European continent. Its customers are also spread across North America, Latin America, and the Rest of the world. The company functions through two segments, which are Agrochemicals, and Non Agrochemicals. The company earns its income through the development and sale of agrochemicals such as insecticides, herbicides, fungicides, and biocides. The company also sells conveyor belts and V-belts under the belts segment.

Sharda Cropchem (BOM:538666) Headlines

No Headlines