SAR Televenture (NSE:SARTELE) Receivables Turnover : 8.87 (As of Mar. 2024)

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What is SAR Televenture 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. SAR Televenture's Revenue for the six months ended in Mar. 2024 was ₹1,241 Mil. SAR Televenture's average Accounts Receivable for the six months ended in Mar. 2024 was ₹140 Mil. Hence, SAR Televenture's Receivables Turnover for the six months ended in Mar. 2024 was 8.87.

SAR Televenture Receivables Turnover Historical Data

The historical data trend for SAR Televenture'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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SAR Televenture Receivables Turnover Chart

SAR Televenture Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

2.30

6.89

8.85

8.87

SAR Televenture Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Receivables Turnover	2.30	6.89	8.85	8.87

Competitive Comparison of SAR Televenture's Receivables Turnover

For the Telecom Services subindustry, SAR Televenture'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.

SAR Televenture's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SAR Televenture's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SAR Televenture's Receivables Turnover falls into.

SAR Televenture Receivables Turnover Calculation

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

SAR Televenture'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 )
=	1241.171	/ (	(64.941	+	215.064)	/	2 )
=	1241.171	/	140.0025
=	8.87

SAR Televenture's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1241.171	/ (	(64.941	+	215.064)	/	2 )
=	1241.171	/	140.0025
=	8.87

SAR Televenture (NSE:SARTELE) 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.

SAR Televenture Receivables Turnover Related Terms

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SAR Televenture Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SAR Televenture Ltd (NSE:SARTELE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-16, First floor, Sector 2, Noida, UP, IND, 201301

Website

https://www.sarteleventure.com

SAR Televenture Ltd is a passive telecommunication infrastructure-providing company in the business of installing and commissioning telecom towers in India. The company is engaged in General construction (including alteration, addition, repair, and maintenance) of 4G & 5G Networks Towers, carried out on an own-account basis or a fee or contract basis.

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