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SRU Steels (BOM:540914) Receivables Turnover : 57.46 (As of Dec. 2024)


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What is SRU Steels 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. SRU Steels's Revenue for the three months ended in Dec. 2024 was ₹93.67 Mil. SRU Steels's average Accounts Receivable for the three months ended in Dec. 2024 was ₹1.63 Mil. Hence, SRU Steels's Receivables Turnover for the three months ended in Dec. 2024 was 57.46.


SRU Steels Receivables Turnover Historical Data

The historical data trend for SRU Steels'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.

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SRU Steels Receivables Turnover Chart

SRU Steels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.14 4.88 3.94 5.44 9.28

SRU Steels 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 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 0.09 0.46 0.16 - 57.46

Competitive Comparison of SRU Steels's Receivables Turnover

For the Steel subindustry, SRU Steels'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.


SRU Steels's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SRU Steels's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SRU Steels's Receivables Turnover falls into.


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SRU Steels Receivables Turnover Calculation

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

SRU Steels'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 )
=176.122 / ((30.742 + 7.216) / 2 )
=176.122 / 18.979
=9.28

SRU Steels'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 )
=93.666 / ((1.63 + 0) / 1 )
=93.666 / 1.63
=57.46

* 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.


SRU Steels  (BOM:540914) 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.


SRU Steels Receivables Turnover Related Terms

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SRU Steels Business Description

Traded in Other Exchanges
N/A
Address
A-48, 1st Floor, Wazirpur Industrial Area, New Delhi, IND, 110052
SRU Steels Ltd is an India-based company engaged in trading in various types of Iron and Steel. It offers Stainless Steel products such as Coils, Sheets, and other type of steel. Geographically it operates in India. The company is also engaged in the sale of steel products on a commission basis.

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