Shivalic Power Control (NSE:SPCL) Receivables Turnover : 6.18 (As of Mar. 2023)

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What is Shivalic Power Control 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. Shivalic Power Control's Revenue for the six months ended in Mar. 2023 was ₹821.6 Mil. Shivalic Power Control's average Accounts Receivable for the six months ended in Mar. 2023 was ₹132.8 Mil. Hence, Shivalic Power Control's Receivables Turnover for the six months ended in Mar. 2023 was 6.18.

Shivalic Power Control Receivables Turnover Historical Data

The historical data trend for Shivalic Power Control'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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Shivalic Power Control Receivables Turnover Chart

Shivalic Power Control Annual Data

Trend

Mar21

Mar22

Mar23

Receivables Turnover

13.35

6.65

6.18

Shivalic Power Control Semi-Annual Data
	Mar21	Mar22	Mar23
Receivables Turnover	13.35	6.65	6.18

Competitive Comparison of Shivalic Power Control's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Shivalic Power Control'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.

Shivalic Power Control's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shivalic Power Control's Receivables Turnover falls into.

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Shivalic Power Control Receivables Turnover Calculation

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

Shivalic Power Control's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	821.568	/ (	(133.197	+	132.492)	/	2 )
=	821.568	/	132.8445
=	6.18

Shivalic Power Control's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

	Receivables Turnover (Q: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	821.568	/ (	(133.197	+	132.492)	/	2 )
=	821.568	/	132.8445
=	6.18

Shivalic Power Control (NSE:SPCL) 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.

Shivalic Power Control Receivables Turnover Related Terms

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Shivalic Power Control Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shivalic Power Control Ltd (NSE:SPCL) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Plot No. 72, Sector- 68, IMT, Ballabgarh, Faridabad, HR, IND, 121004

Website

https://shivalic.com

Shivalic Power Control Ltd is an ISO-certified LT and HT electric panel manufacturer. It is a technology-driven company with focus on quality, design and product development, which has allowed the company to develop products suited to its customers' requirements. The company has a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD , Power Distribution Boards, Bus Duct and LT & HT APFC Panels.

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