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Southern Petrochemicals Industries (BOM:590030) Receivables Turnover : 49.13 (As of Dec. 2024)


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What is Southern Petrochemicals Industries 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. Southern Petrochemicals Industries's Revenue for the three months ended in Dec. 2024 was ₹8,146 Mil. Southern Petrochemicals Industries's average Accounts Receivable for the three months ended in Dec. 2024 was ₹166 Mil. Hence, Southern Petrochemicals Industries's Receivables Turnover for the three months ended in Dec. 2024 was 49.13.


Southern Petrochemicals Industries Receivables Turnover Historical Data

The historical data trend for Southern Petrochemicals Industries'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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Southern Petrochemicals Industries Receivables Turnover Chart

Southern Petrochemicals Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.69 39.32 96.58 99.46 29.86

Southern Petrochemicals Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.87 - 42.45 45.54 49.13

Competitive Comparison of Southern Petrochemicals Industries's Receivables Turnover

For the Agricultural Inputs subindustry, Southern Petrochemicals Industries'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.


Southern Petrochemicals Industries's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Southern Petrochemicals Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Southern Petrochemicals Industries's Receivables Turnover falls into.


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Southern Petrochemicals Industries Receivables Turnover Calculation

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

Southern Petrochemicals Industries'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 )
=4146.5 / ((100.6 + 177.1) / 2 )
=4146.5 / 138.85
=29.86

Southern Petrochemicals Industries's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=8145.5 / ((165.8 + 0) / 1 )
=8145.5 / 165.8
=49.13

* 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.


Southern Petrochemicals Industries  (BOM:590030) 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.


Southern Petrochemicals Industries Receivables Turnover Related Terms

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Southern Petrochemicals Industries Business Description

Traded in Other Exchanges
Address
Number 88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600 032
Southern Petrochemicals Industries Corp Ltd is a fertilizer manufacturing company. It is engaged in the manufacture and sale of Urea. The company produces fertilizers to improve soil consistency and efficiency for the agricultural sector. It offers products like chemical fertilizers, water-soluble fertilizers, organic fertilizers, micronutrients, plant growth regulators, and industrial products. The company earns revenue primarily from the sale of Urea.

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