Steelman Telecom (BOM:543622) Receivables Turnover : 3.62 (As of Sep. 2024)

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What is Steelman Telecom 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. Steelman Telecom's Revenue for the six months ended in Sep. 2024 was ₹1,015 Mil. Steelman Telecom's average Accounts Receivable for the six months ended in Sep. 2024 was ₹280 Mil. Hence, Steelman Telecom's Receivables Turnover for the six months ended in Sep. 2024 was 3.62.

Steelman Telecom Receivables Turnover Historical Data

The historical data trend for Steelman Telecom'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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Steelman Telecom Receivables Turnover Chart

Steelman Telecom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

6.12

5.30

4.96

5.17

7.07

Steelman Telecom Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial			2.60	2.58	3.25	3.62	3.62

Competitive Comparison of Steelman Telecom's Receivables Turnover

For the Telecom Services subindustry, Steelman Telecom'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.

Steelman Telecom's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Steelman Telecom's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Steelman Telecom's Receivables Turnover falls into.

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Steelman Telecom Receivables Turnover Calculation

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

Steelman Telecom'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 )
=	2197.512	/ (	(309.048	+	312.685)	/	2 )
=	2197.512	/	310.8665
=	7.07

Steelman Telecom's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	1015.014	/ (	(312.685	+	248.206)	/	2 )
=	1015.014	/	280.4455
=	3.62

Steelman Telecom (BOM:543622) 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.

Steelman Telecom Receivables Turnover Related Terms

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Steelman Telecom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Steelman Telecom Ltd (BOM:543622) » Definitions » Receivables Turnover

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Address

Street No. 315, New Town, Rishi Tower, Premises No. 02-315, Kolkata, WB, IND, 700156

Website

http://www.steelmantelecom.com

Steelman Telecom Ltd offer support services and solutions to address the network requirements of the telecom industry. The company provide services for network survey and planning, installation and commissioning, network testing and optimization, network solutions and managed services for network maintenance.

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