Senco Gold (BOM:543936) Receivables Turnover : 46.54 (As of Mar. 2024)

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What is Senco Gold 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. Senco Gold's Revenue for the six months ended in Mar. 2024 was ₹27,895 Mil. Senco Gold's average Accounts Receivable for the six months ended in Mar. 2024 was ₹599 Mil. Hence, Senco Gold's Receivables Turnover for the six months ended in Mar. 2024 was 46.54.

Senco Gold Receivables Turnover Historical Data

The historical data trend for Senco Gold'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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Senco Gold Receivables Turnover Chart

Senco Gold Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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104.74

96.07

105.30

96.14

106.65

Senco Gold Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial								-	48.69	47.37	43.62	46.54

Competitive Comparison of Senco Gold's Receivables Turnover

For the Luxury Goods subindustry, Senco Gold'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.

Senco Gold's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Senco Gold's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Senco Gold's Receivables Turnover falls into.

Senco Gold Receivables Turnover Calculation

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

Senco Gold'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 )
=	52414.43	/ (	(454.22	+	528.68)	/	2 )
=	52414.43	/	491.45
=	106.65

Senco Gold'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 )
=	27894.86	/ (	(670.14	+	528.68)	/	2 )
=	27894.86	/	599.41
=	46.54

Senco Gold (BOM:543936) 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.

Senco Gold Receivables Turnover Related Terms

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Senco Gold (BOM:543936) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Senco Gold Ltd (BOM:543936) » Definitions » Receivables Turnover

Traded in Other Exchanges

SENCO:India

Address

A.J.C. Bose Road, Unit no. 1001, 10th floor, 41A, Diamond Prestige, Kolkata, WB, IND, 700 017

Website

https://www.sencogoldanddiamonds.com

Senco Gold Ltd is a pan-India jewellery retail company with a history of more than five decades and has a fourth-generation entrepreneur in the jewellery industry as its Promoter. The company primarily sell gold and diamond jewellery and also sell jewellery made of silver, platinum and precious and semi-precious stones and other metals. Its other offerings also include costume jewellery, gold and silver coins and utensils made of silver. Its products are sold under the Senco Gold & Diamonds tradename, through multiple channels, including its 75 Company Operated Showrooms and 61 Franchisee Showrooms and various online platforms, including its website.

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