SRM Contractors (NSE:SRM) Receivables Turnover : 4.97 (As of Dec. 2024)

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What is SRM Contractors 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. SRM Contractors's Revenue for the three months ended in Dec. 2024 was ₹1,504 Mil. SRM Contractors's average Accounts Receivable for the three months ended in Dec. 2024 was ₹303 Mil. Hence, SRM Contractors's Receivables Turnover for the three months ended in Dec. 2024 was 4.97.

SRM Contractors Receivables Turnover Historical Data

The historical data trend for SRM Contractors'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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SRM Contractors Receivables Turnover Chart

SRM Contractors Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

7.10

13.60

19.01

14.67

SRM Contractors Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					8.33	5.17	1.75	3.14	4.97

Competitive Comparison of SRM Contractors's Receivables Turnover

For the Engineering & Construction subindustry, SRM Contractors'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.

SRM Contractors's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, SRM Contractors's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SRM Contractors's Receivables Turnover falls into.

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SRM Contractors Receivables Turnover Calculation

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

SRM Contractors'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 )
=	3424.21	/ (	(153.793	+	313.02)	/	2 )
=	3424.21	/	233.4065
=	14.67

SRM Contractors'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 )
=	1504.407	/ (	(302.997	+	0)	/	1 )
=	1504.407	/	302.997
=	4.97

SRM Contractors (NSE:SRM) 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.

SRM Contractors Receivables Turnover Related Terms

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SRM Contractors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SRM Contractors Ltd (NSE:SRM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

544158:India

Address

Sector 3, Near BJP Head Office, Trikuta Nagar, Jammu and Kashmir, Jammu, IND, 180012

Website

https://www.srmcpl.com

SRM Contractors Ltd is an engineering construction and development company. It is engaged in the construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in the Union Territories of Jammu & Kashmir and Ladakh, undertaking construction works both as an EPC contractor and on an item rate basis for infrastructure projects. The company operates in three business segments: Road and Highway Construction projects, Trading, and Quarry Mining.