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Shankar Lal Rampal Dye Chem (BOM:542232) Receivables Turnover : 1.34 (As of Mar. 2024)


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What is Shankar Lal Rampal Dye Chem 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. Shankar Lal Rampal Dye Chem's Revenue for the three months ended in Mar. 2024 was ₹770 Mil. Shankar Lal Rampal Dye Chem's average Accounts Receivable for the three months ended in Mar. 2024 was ₹575 Mil. Hence, Shankar Lal Rampal Dye Chem's Receivables Turnover for the three months ended in Mar. 2024 was 1.34.


Shankar Lal Rampal Dye Chem Receivables Turnover Historical Data

The historical data trend for Shankar Lal Rampal Dye Chem'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.

Shankar Lal Rampal Dye Chem Receivables Turnover Chart

Shankar Lal Rampal Dye Chem 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 4.34 5.41 5.64 4.54 4.64

Shankar Lal Rampal Dye Chem Quarterly Data
Sep18 Mar19 Sep19 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 1.32 0.82 0.88 1.07 1.34

Competitive Comparison of Shankar Lal Rampal Dye Chem's Receivables Turnover

For the Specialty Chemicals subindustry, Shankar Lal Rampal Dye Chem'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.


Shankar Lal Rampal Dye Chem's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shankar Lal Rampal Dye Chem's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shankar Lal Rampal Dye Chem's Receivables Turnover falls into.



Shankar Lal Rampal Dye Chem Receivables Turnover Calculation

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

Shankar Lal Rampal Dye Chem'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 )
=2877.259 / ((663.964 + 574.937) / 2 )
=2877.259 / 619.4505
=4.64

Shankar Lal Rampal Dye Chem'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 )
=770.417 / ((0 + 574.937) / 1 )
=770.417 / 574.937
=1.34

* 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.


Shankar Lal Rampal Dye Chem  (BOM:542232) 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.


Shankar Lal Rampal Dye Chem Receivables Turnover Related Terms

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Shankar Lal Rampal Dye Chem (BOM:542232) Business Description

Traded in Other Exchanges
N/A
Address
S.G. 2730, Suwana, Near Kamal Ka Kuwa, Bhilwara, RJ, IND, 311001
Shankar Lal Rampal Dye Chem Ltd is engaged in the business of Trading in Dyes, Chemical, and allied products. The company is a trader, exporter, importer, and supplier of sulphur dyes, paraffin wax, phosphoric acid, sodium sulphide, hydrogen peroxide, citric acid monohydrate, phosphate chemicals, and refined glycerine. It exports its product to India, Malaysia, Indonesia, Bangladesh, and other countries. Geographically the company generates the majority of its revenue Within India.

Shankar Lal Rampal Dye Chem (BOM:542232) Headlines

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