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S Alam Cold Rolled Steels (DHA:SALAMCRST) Receivables Turnover : 0.22 (As of Dec. 2023)


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What is S Alam Cold Rolled Steels 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. S Alam Cold Rolled Steels's Revenue for the three months ended in Dec. 2023 was BDT1,017 Mil. S Alam Cold Rolled Steels's average Accounts Receivable for the three months ended in Dec. 2023 was BDT4,545 Mil. Hence, S Alam Cold Rolled Steels's Receivables Turnover for the three months ended in Dec. 2023 was 0.22.


S Alam Cold Rolled Steels Receivables Turnover Historical Data

The historical data trend for S Alam Cold Rolled Steels'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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S Alam Cold Rolled Steels Receivables Turnover Chart

S Alam Cold Rolled Steels Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 0.98 1.22 1.25 1.84

S Alam Cold Rolled Steels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.45 0.57 0.29 0.26 0.22

Competitive Comparison of S Alam Cold Rolled Steels's Receivables Turnover

For the Steel subindustry, S Alam Cold Rolled Steels'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.


S Alam Cold Rolled Steels's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, S Alam Cold Rolled Steels's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where S Alam Cold Rolled Steels's Receivables Turnover falls into.



S Alam Cold Rolled Steels Receivables Turnover Calculation

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

S Alam Cold Rolled Steels's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=5512.855 / ((2782.865 + 3195.27) / 2 )
=5512.855 / 2989.0675
=1.84

S Alam Cold Rolled Steels's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1016.801 / ((4192.459 + 4896.719) / 2 )
=1016.801 / 4544.589
=0.22

* 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.


S Alam Cold Rolled Steels  (DHA:SALAMCRST) 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.


S Alam Cold Rolled Steels Receivables Turnover Related Terms

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S Alam Cold Rolled Steels (DHA:SALAMCRST) Business Description

Traded in Other Exchanges
N/A
Address
S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119
S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.

S Alam Cold Rolled Steels (DHA:SALAMCRST) Headlines

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