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Square Textiles (DHA:SQUARETEXT) Receivables Turnover : 0.90 (As of Mar. 2025)


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What is Square Textiles 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. Square Textiles's Revenue for the three months ended in Mar. 2025 was BDT5,805 Mil. Square Textiles's average Accounts Receivable for the three months ended in Mar. 2025 was BDT6,478 Mil. Hence, Square Textiles's Receivables Turnover for the three months ended in Mar. 2025 was 0.90.


Square Textiles Receivables Turnover Historical Data

The historical data trend for Square Textiles'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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Square Textiles Receivables Turnover Chart

Square Textiles Annual Data
Trend Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 3.02 3.71 3.93 4.12

Square Textiles Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.25 0.98 0.91 1.05 0.90

Competitive Comparison of Square Textiles's Receivables Turnover

For the Textile Manufacturing subindustry, Square Textiles'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.


Square Textiles's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Square Textiles's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Square Textiles's Receivables Turnover falls into.


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Square Textiles Receivables Turnover Calculation

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

Square Textiles's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=20905.825 / ((3807.81 + 6343.669) / 2 )
=20905.825 / 5075.7395
=4.12

Square Textiles's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=5805.44 / ((6440.959 + 6514.661) / 2 )
=5805.44 / 6477.81
=0.90

* 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.


Square Textiles  (DHA:SQUARETEXT) 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.


Square Textiles Receivables Turnover Related Terms

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Square Textiles Business Description

Traded in Other Exchanges
N/A
Address
Sector - 7, Plot-107/A, Mascot Plaza, 11-12th Floor, Uttara, Dhaka, BGD, 1230
Square Textiles PLC is a textile company based in Bangladesh. It is engaged in developing, manufacturing, and marketing cotton yarn for human as well as industrial use. The company produces cotton yarn, polyester, organic yarn, bamboo yarn, and blended yarn mix of cotton, and polyester of different counts.

Square Textiles Headlines

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