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Sun Retail (BOM:542025) Receivables Turnover : 1.18 (As of Sep. 2023)


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What is Sun Retail 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. Sun Retail's Revenue for the six months ended in Sep. 2023 was ₹153.5 Mil. Sun Retail's average Accounts Receivable for the six months ended in Sep. 2023 was ₹129.9 Mil. Hence, Sun Retail's Receivables Turnover for the six months ended in Sep. 2023 was 1.18.


Sun Retail Receivables Turnover Historical Data

The historical data trend for Sun Retail'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.

* Premium members only.

Sun Retail Receivables Turnover Chart

Sun Retail Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 0.17 0.24 0.30 2.09

Sun Retail Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 0.90 0.83 1.40 1.18

Competitive Comparison of Sun Retail's Receivables Turnover

For the Packaged Foods subindustry, Sun Retail'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.


Sun Retail's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Sun Retail's Receivables Turnover falls into.



Sun Retail Receivables Turnover Calculation

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

Sun Retail'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 )
=125.386 / ((27.472 + 92.59) / 2 )
=125.386 / 60.031
=2.09

Sun Retail's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=153.489 / ((92.59 + 167.272) / 2 )
=153.489 / 129.931
=1.18

* 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.


Sun Retail  (BOM:542025) 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.


Sun Retail Receivables Turnover Related Terms

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Sun Retail (BOM:542025) Business Description

Traded in Other Exchanges
N/A
Address
722, Gala Empire, Drive in Road,, Opp. Tv Tower Thaltej, Ahmedabad, GJ, IND, 380009
Sun Retail Ltd is an Indian firm engaged in the processing, packaging, and trading of various edible oils and oilseeds. The main products of the company include cottonseed oil, groundnut oil, and sunflower oil. Further, the company also performs the activity of bulk trading of palm olein oil and soyabean oil. The products are sold under the brand names Dharti and Dharti Singtel.

Sun Retail (BOM:542025) Headlines

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