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Sheetal Cool Products (NSE:SCPL) Receivables Turnover : 0.89 (As of Dec. 2024)


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What is Sheetal Cool Products 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. Sheetal Cool Products's Revenue for the three months ended in Dec. 2024 was ₹510 Mil. Sheetal Cool Products's average Accounts Receivable for the three months ended in Dec. 2024 was ₹572 Mil. Hence, Sheetal Cool Products's Receivables Turnover for the three months ended in Dec. 2024 was 0.89.


Sheetal Cool Products Receivables Turnover Historical Data

The historical data trend for Sheetal Cool Products'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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Sheetal Cool Products Receivables Turnover Chart

Sheetal Cool Products 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 14.92 15.09 24.85 28.42 13.27

Sheetal Cool Products Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 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 1.68 1.69 2.47 0.93 0.89

Competitive Comparison of Sheetal Cool Products's Receivables Turnover

For the Packaged Foods subindustry, Sheetal Cool Products'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.


Sheetal Cool Products's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Sheetal Cool Products's Receivables Turnover falls into.


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Sheetal Cool Products Receivables Turnover Calculation

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

Sheetal Cool Products'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 )
=3527.082 / ((31.625 + 500.037) / 2 )
=3527.082 / 265.831
=13.27

Sheetal Cool Products'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 )
=510.133 / ((571.894 + 0) / 1 )
=510.133 / 571.894
=0.89

* 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.


Sheetal Cool Products  (NSE:SCPL) 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.


Sheetal Cool Products Receivables Turnover Related Terms

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Sheetal Cool Products Business Description

Traded in Other Exchanges
Address
Plot No. 75 to 81, G.I.D.C. Estate, Amreli, GJ, IND, 365601
Sheetal Cool Products Ltd is engaged in the manufacture and sale of ice cream and related products. Its product includes take home; cups; cones; candies; kulfi; cakes and pastries; novelties; and sugar-free. The company has two primary segments namely Milk and Milk Products and Namkeen Products. The majority of the firm's revenue gets derived from the Milk and Milk products segment.

Sheetal Cool Products Headlines

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