Supreme Power Equipment (NSE:SUPREMEPWR) Receivables Turnover : 0.69 (As of Dec. 2024)

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What is Supreme Power Equipment 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. Supreme Power Equipment's Revenue for the three months ended in Dec. 2024 was ₹291 Mil. Supreme Power Equipment's average Accounts Receivable for the three months ended in Dec. 2024 was ₹421 Mil. Hence, Supreme Power Equipment's Receivables Turnover for the three months ended in Dec. 2024 was 0.69.

Supreme Power Equipment Receivables Turnover Historical Data

The historical data trend for Supreme Power Equipment'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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Supreme Power Equipment Receivables Turnover Chart

Supreme Power Equipment Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

2.24

2.77

3.95

2.31

Supreme Power Equipment Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					-	0.57	0.42	0.73	0.69

Competitive Comparison of Supreme Power Equipment's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Supreme Power Equipment'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.

Supreme Power Equipment's Receivables Turnover Distribution in the Industrial Products Industry

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

* The bar in red indicates where Supreme Power Equipment's Receivables Turnover falls into.

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Supreme Power Equipment Receivables Turnover Calculation

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

Supreme Power Equipment'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 )
=	1134.558	/ (	(326.105	+	656.637)	/	2 )
=	1134.558	/	491.371
=	2.31

Supreme Power Equipment'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 )
=	291.068	/ (	(420.79	+	0)	/	1 )
=	291.068	/	420.79
=	0.69

Supreme Power Equipment (NSE:SUPREMEPWR) 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.

Supreme Power Equipment Receivables Turnover Related Terms

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Supreme Power Equipment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Supreme Power Equipment Ltd (NSE:SUPREMEPWR) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

No. 55, SIDCO Industrial Estates, Thirumazhisai Thirumush, Tiruvallur, Poonamallee, Chennai, TN, IND, 600124

Website

https://www.supremepower.in

Supreme Power Equipment Ltd is engaged in the areas of manufacturing, up-gradation, and refurbishment of transformers ranging from Power Transformer, Generator Transformer, Windmill Transformer, Distribution Transformer, Isolation Transformer, Solar Transformer, Energy Efficient Transformer, Converter and Rectifier Transformer. The company generates the majority of its revenue from the sale of goods.

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