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Sterling International Enterprises (BOM:508998) Receivables Turnover : 0.23 (As of Jun. 2017)


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What is Sterling International Enterprises 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. Sterling International Enterprises's Revenue for the three months ended in Jun. 2017 was ₹847 Mil. Sterling International Enterprises's average Accounts Receivable for the three months ended in Jun. 2017 was ₹3,639 Mil. Hence, Sterling International Enterprises's Receivables Turnover for the three months ended in Jun. 2017 was 0.23.


Sterling International Enterprises Receivables Turnover Historical Data

The historical data trend for Sterling International Enterprises'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.

Sterling International Enterprises Receivables Turnover Chart

Sterling International Enterprises Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Mar16 Mar17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 2.06 3.47 - 1.27

Sterling International Enterprises Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 - 0.35 0.32 0.32 0.23

Competitive Comparison of Sterling International Enterprises's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, Sterling International Enterprises'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.


Sterling International Enterprises's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sterling International Enterprises's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sterling International Enterprises's Receivables Turnover falls into.



Sterling International Enterprises Receivables Turnover Calculation

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

Sterling International Enterprises's Receivables Turnover for the fiscal year that ended in Mar. 2017 is calculated as

Receivables Turnover (A: Mar. 2017 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2017 ) / ((Accounts Receivable (A: Mar. 2016 ) + Accounts Receivable (A: Mar. 2017 )) / count )
=4633.72 / ((0 + 3638.57) / 1 )
=4633.72 / 3638.57
=1.27

Sterling International Enterprises's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

Receivables Turnover (Q: Jun. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2017 ) / ((Accounts Receivable (Q: Mar. 2017 ) + Accounts Receivable (Q: Jun. 2017 )) / count )
=847.224 / ((3638.57 + 0) / 1 )
=847.224 / 3638.57
=0.23

* 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.


Sterling International Enterprises  (BOM:508998) 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.


Sterling International Enterprises Receivables Turnover Related Terms

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Sterling International Enterprises (BOM:508998) Business Description

Traded in Other Exchanges
N/A
Address
43, Atlanta Building, Nariman Point, Mumbai, MH, IND, 400021
Sterling International Enterprises Ltd is engaged in providing oil & gas related services. The company's services include letting on the hire of oil rigs, services in seismic data interpretation and oil trading activities. Its operating segments consist of Information Technology and Oil related activities. Majority of the revenue is derived from the provision of services incidental to Onshore Oil Extraction.

Sterling International Enterprises (BOM:508998) Headlines

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