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Sailani Tours N Travels (BOM:543541) Receivables Turnover : 1.40 (As of Mar. 2024)


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What is Sailani Tours N Travels 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. Sailani Tours N Travels's Revenue for the six months ended in Mar. 2024 was ₹76.3 Mil. Sailani Tours N Travels's average Accounts Receivable for the six months ended in Mar. 2024 was ₹54.6 Mil. Hence, Sailani Tours N Travels's Receivables Turnover for the six months ended in Mar. 2024 was 1.40.

Sailani Tours N Travels Receivables Turnover Historical Data

The historical data trend for Sailani Tours N Travels'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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Sailani Tours N Travels Receivables Turnover Chart

Sailani Tours N Travels Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
4.63 2.36 5.05 7.83 5.62

Sailani Tours N Travels Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Receivables Turnover Get a 7-Day Free Trial - 2.82 4.58 4.14 1.40

Competitive Comparison of Sailani Tours N Travels's Receivables Turnover

For the Travel Services subindustry, Sailani Tours N Travels'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.

Sailani Tours N Travels's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sailani Tours N Travels's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sailani Tours N Travels's Receivables Turnover falls into.


Sailani Tours N Travels Receivables Turnover Calculation

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

Sailani Tours N Travels'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 )
=234.627 / ((25.382 + 58.058) / 2 )
=234.627 / 41.72
=5.62

Sailani Tours N Travels'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 )
=76.273 / ((51.101 + 58.058) / 2 )
=76.273 / 54.5795
=1.40

* 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.

Sailani Tours N Travels  (BOM:543541) 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.

Sailani Tours N Travels Receivables Turnover Related Terms

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Sailani Tours N Travels (BOM:543541) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sailani Tours N Travels Ltd (BOM:543541) » Definitions » Receivables Turnover
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BOM:538521 BOM:540703 BKNG ABNB XMAD:AMS RCL TCOM CCL EXPE NCLH HKSE:00780 MMYT XPAR:MMB LSE:JET2 ASX:FLT TNL TRIP SAU:1810 ASX:CTD LSE:TRN
Traded in Other Exchanges
N/A
Address
AD-62, Sector 1, Ground Floor, Salt Lake City, Bhidannagar, Kolkata, WB, IND, 700064
Website
https://www.sailanitours.com
Sailani Tours n Travels Ltd operates as a travel company catering to the overall travel needs of Indian and International travelers in the state of Kolkata. Its business is categorized as Leisure Travel, Corporate Travel, Forex, and Visa Processing. It designs travel packages for both individuals and groups for their domestic and international leisure travel. The company provides end-to-end travel solutions including land, air, and cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, visa, passport and medical insurance assistance, and other destination management services. It also provides travel-related foreign exchange & payment solutions.

Sailani Tours N Travels (BOM:543541) Headlines

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