Sai Silks (Kalamandir) (BOM:543989) Receivables Turnover : 220.89 (As of Mar. 2024)

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What is Sai Silks (Kalamandir) 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. Sai Silks (Kalamandir)'s Revenue for the six months ended in Mar. 2024 was ₹7,421 Mil. Sai Silks (Kalamandir)'s average Accounts Receivable for the six months ended in Mar. 2024 was ₹34 Mil. Hence, Sai Silks (Kalamandir)'s Receivables Turnover for the six months ended in Mar. 2024 was 220.89.

Sai Silks (Kalamandir) Receivables Turnover Historical Data

The historical data trend for Sai Silks (Kalamandir)'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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Sai Silks (Kalamandir) Receivables Turnover Chart

Sai Silks (Kalamandir) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

682.68

329.77

498.52

535.55

443.51

Sai Silks (Kalamandir) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	300.01	243.60	200.69	220.89

Competitive Comparison of Sai Silks (Kalamandir)'s Receivables Turnover

For the Apparel Retail subindustry, Sai Silks (Kalamandir)'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.

Sai Silks (Kalamandir)'s Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sai Silks (Kalamandir)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sai Silks (Kalamandir)'s Receivables Turnover falls into.

Sai Silks (Kalamandir) Receivables Turnover Calculation

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

Sai Silks (Kalamandir)'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 )
=	13735.5	/ (	(28.84	+	33.1)	/	2 )
=	13735.5	/	30.97
=	443.51

Sai Silks (Kalamandir)'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 )
=	7420.86	/ (	(34.09	+	33.1)	/	2 )
=	7420.86	/	33.595
=	220.89

Sai Silks (Kalamandir) (BOM:543989) 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.

Sai Silks (Kalamandir) Receivables Turnover Related Terms

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Sai Silks (Kalamandir) (BOM:543989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sai Silks (Kalamandir) Ltd (BOM:543989) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KALAMANDIR:India

Address

6-3-790/8, Flat No. 1, Bathina Apartments, Ameerpet, Hyderabad, TG, IND, 500016

Website

https://www.sskl.co.in

Sai Silks (Kalamandir) Ltd is a company who is one of the retailers of ethnic apparels. Its business activity falls within a single business which is retail of textile and textile articles. The company caters to customers in all market sectors by offering items in four formats to diverse market segments, including premium ethnic fashion, ethnic fashion for middle-class consumers, and value fashion. Lehengas, men's ethnic wear, children's ethnic wear, and value fashion products, including fusion wear and western wear for women, men, and children, are just a few of the products it offers.

Sai Silks (Kalamandir) (BOM:543989) Headlines

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