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Supershakti Metaliks (BOM:541701) Receivables Turnover : 55.59 (As of Mar. 2024)


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What is Supershakti Metaliks 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. Supershakti Metaliks's Revenue for the six months ended in Mar. 2024 was ₹3,858 Mil. Supershakti Metaliks's average Accounts Receivable for the six months ended in Mar. 2024 was ₹69 Mil. Hence, Supershakti Metaliks's Receivables Turnover for the six months ended in Mar. 2024 was 55.59.


Supershakti Metaliks Receivables Turnover Historical Data

The historical data trend for Supershakti Metaliks'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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Supershakti Metaliks Receivables Turnover Chart

Supershakti Metaliks 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 18.32 20.86 36.51 44.61 81.74

Supershakti Metaliks Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 15.11 18.17 22.71 31.73 55.59

Competitive Comparison of Supershakti Metaliks's Receivables Turnover

For the Steel subindustry, Supershakti Metaliks'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.


Supershakti Metaliks's Receivables Turnover Distribution in the Steel Industry

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

* The bar in red indicates where Supershakti Metaliks's Receivables Turnover falls into.



Supershakti Metaliks Receivables Turnover Calculation

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

Supershakti Metaliks'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 )
=7314.128 / ((129.018 + 49.947) / 2 )
=7314.128 / 89.4825
=81.74

Supershakti Metaliks'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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=3857.628 / ((88.83 + 49.947) / 2 )
=3857.628 / 69.3885
=55.59

* 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.


Supershakti Metaliks  (BOM:541701) 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.


Supershakti Metaliks Receivables Turnover Related Terms

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Supershakti Metaliks Business Description

Traded in Other Exchanges
N/A
Address
39 Shakespeare Sarani, Premlata Building, 3rd Floor, Kolkata, WB, IND, 700 017
Supershakti Metaliks Ltd is a steel products manufacturer. The company operates mainly in one business segment namely Iron and Steel Product. The company's products include Wire rods, HP wire, Binding wire, and Billet wire. The company sells its products in India and also exports it to other countries, of which prime revenue is generated from the sales made in India.

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