Sanco Industries (NSE:SANCO) Receivables Turnover: 0.92 (As of Mar. 2020)

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NSE:SANCO Sanco Industries Ltd NSE:SANCO
4 GF Score
Price ₹2.90
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What is Sanco Industries Receivables Turnover?

Sanco Industries NSE:SANCO 4 Receivables Turnover is 0.92 as of Mar. 2020. GuruFocus rates NSE:SANCO with a GF Score™ of 4/100.

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. Sanco Industries's Revenue for the six months ended in Mar. 2020 was ₹374.0 Mil. Sanco Industries's average Accounts Receivable for the six months ended in Mar. 2020 was ₹404.5 Mil. Hence, Sanco Industries's Receivables Turnover for the six months ended in Mar. 2020 was 0.92.


Sanco Industries  (NSE:SANCO) 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.


Sanco Industries Receivables Turnover Related Terms


Sanco Industries Receivables Turnover Historical Data

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The historical data trend for Sanco 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.

Sanco Industries Receivables Turnover Chart

Sanco Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Receivables Turnover
Get a 7-Day Free Trial 8.69 2.17 2.72 1.90 0.92

Sanco Industries Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Receivables Turnover Get a 7-Day Free Trial 8.69 2.17 2.72 1.90 0.92

NSE:SANCO vs HUBB: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Sanco 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.


Sanco Industries Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanco Industries's Receivables Turnover distribution charts can be found below:

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


NSE:SANCO
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Sanco Industries Ltd NSE:SANCO
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Sanco Industries Receivables Turnover Calculation

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

Sanco Industries's Receivables Turnover for the fiscal year that ended in Mar. 2020 is calculated as

Receivables Turnover (A: Mar. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2020 ) / ((Accounts Receivable (A: Mar. 2019 ) + Accounts Receivable (A: Mar. 2020 )) / count )
=373.989 / ((452.575 + 356.396) / 2 )
=373.989 / 404.4855
=0.92

Sanco Industries's Receivables Turnover for the quarter that ended in Mar. 2020 is calculated as

Receivables Turnover (Q: Mar. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2020 ) / ((Accounts Receivable (Q: Mar. 2019 ) + Accounts Receivable (Q: Mar. 2020 )) / count )
=373.989 / ((452.575 + 356.396) / 2 )
=373.989 / 404.4855
=0.92

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.92 mean?
Sanco Industries (NSE:SANCO) has a Receivables Turnover of 0.92 as of Mar. 2020. The accounts 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. View historical data on Sanco Industries and its competitors.
Is Sanco Industries' Receivables Turnover too high?
Sanco Industries' current Receivables Turnover is 0.92. The Industrial Products industry median Receivables Turnover is 4.51. Sanco Industries' value of 0.92 is 79.6% below this industry median. Overall, Sanco Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sanco Industries' Receivables Turnover compare to HUBB?
Sanco Industries' Receivables Turnover of 0.92 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.51. Sanco Industries' value of 0.92 is 79.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,045 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sanco Industries's current Receivables Turnover of 0.92 is 79.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Sanco Industries and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanco Industries's current Receivables Turnover is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanco Industries stock overvalued right now?
Sanco Industries (NSE:SANCO) has a current Receivables Turnover of 0.92. The current Receivables Turnover is 0.92 and 79.6% below the Industrial Products industry median of 4.51. Sanco Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Sanco Industries (NSE:SANCO), the current Receivables Turnover is 0.92 as of Mar. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sanco Industries Business Description

Address D - 161, Surajmal Vihar, Near Karkardooma Court, New Delhi, IND, 110092
Sanco Industries Ltd is an India-based holding company. It is engaged in the business of PVC Pipes, PVC Wires and Cables, and Copper Wire Rod. It is engaged in manufacturing and trading of polyvinyl chloride (PVC) resin, PVC compound, PVC profiles, light-emitting diode (LED) lights, and chemical. The company operates in one business segment namely, Manufacturing business. It offers various products, which comprise PVC conduit pipes, PVC casings, and cappings, PVC insulated wires, calcium carbonate, and PVC insulation tape.
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