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Sakthi Sugars (NSE:SAKHTISUG) Receivables Turnover : 22.70 (As of Dec. 2024)


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What is Sakthi Sugars 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. Sakthi Sugars's Revenue for the three months ended in Dec. 2024 was ₹1,397 Mil. Sakthi Sugars's average Accounts Receivable for the three months ended in Dec. 2024 was ₹62 Mil. Hence, Sakthi Sugars's Receivables Turnover for the three months ended in Dec. 2024 was 22.70.


Sakthi Sugars Receivables Turnover Historical Data

The historical data trend for Sakthi Sugars'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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Sakthi Sugars Receivables Turnover Chart

Sakthi Sugars 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 20.67 54.39 33.78 103.00 139.44

Sakthi Sugars 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 11.61 40.14 55.69 11.92 22.70

Competitive Comparison of Sakthi Sugars's Receivables Turnover

For the Confectioners subindustry, Sakthi Sugars'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.


Sakthi Sugars's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sakthi Sugars's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sakthi Sugars's Receivables Turnover falls into.


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Sakthi Sugars Receivables Turnover Calculation

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

Sakthi Sugars'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 )
=10541.132 / ((80.52 + 70.672) / 2 )
=10541.132 / 75.596
=139.44

Sakthi Sugars'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 )
=1397.384 / ((61.555 + 0) / 1 )
=1397.384 / 61.555
=22.70

* 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.


Sakthi Sugars  (NSE:SAKHTISUG) 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.


Sakthi Sugars Receivables Turnover Related Terms

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Sakthi Sugars Business Description

Traded in Other Exchanges
Address
180, Race Course Road, Post Box No. 3775, Coimbatore, TN, IND, 641 018
Sakthi Sugars Ltd manufactures and markets sugar, industrial alcohol, power, and soya products. The segments of the company include Sugar, Industrial alcohol, Soya products, and Power. The by-products/waste products include Molasses, Bagasse, and Press mud. The company derives key revenue from the Sugar segment which involves the manufacturing and trading of sugar and its by-products. The group sells its products in India and to other countries such as Vietnam, Korea, and Malaysia, among others.

Sakthi Sugars Headlines

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