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Sattrix Information Security (BOM:544189) Receivables Turnover : 1.00 (As of Sep. 2024)


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What is Sattrix Information Security 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. Sattrix Information Security's Revenue for the six months ended in Sep. 2024 was ₹221.9 Mil. Sattrix Information Security's average Accounts Receivable for the six months ended in Sep. 2024 was ₹223.0 Mil. Hence, Sattrix Information Security's Receivables Turnover for the six months ended in Sep. 2024 was 1.00.


Sattrix Information Security Receivables Turnover Historical Data

The historical data trend for Sattrix Information Security'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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Sattrix Information Security Receivables Turnover Chart

Sattrix Information Security Annual Data
Trend Mar21 Mar22 Mar23
Receivables Turnover
5.08 4.28 3.33

Sattrix Information Security Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Receivables Turnover - - - 1.63 1.00

Competitive Comparison of Sattrix Information Security's Receivables Turnover

For the Software - Infrastructure subindustry, Sattrix Information Security'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.


Sattrix Information Security's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Sattrix Information Security's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sattrix Information Security's Receivables Turnover falls into.


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Sattrix Information Security Receivables Turnover Calculation

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

Sattrix Information Security's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=365.927 / ((65.608 + 154.342) / 2 )
=365.927 / 109.975
=3.33

Sattrix Information Security'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: Sep. 2023 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=221.934 / ((0 + 223.045) / 1 )
=221.934 / 223.045
=1.00

* 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.


Sattrix Information Security  (BOM:544189) 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.


Sattrix Information Security Receivables Turnover Related Terms

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Sattrix Information Security Business Description

Traded in Other Exchanges
N/A
Address
28, Damubhai Colony, Bhattha Paldi, Ahmedabad, GJ, IND, 380007
Sattrix Information Security Ltd in the business to develop customer-centric cyber security solutions. It delivers end-to-end cybersecurity services to enterprises in India, the USA, and Middle East (UAE). The company offers services like Assessment Services, IT Infrastructure Management, Hybrid IT Services & Solutions, and Managed Security Services (MSS).

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