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Seasons Furnishings (BOM:521182) Receivables Turnover : 0.21 (As of Mar. 2023)


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What is Seasons Furnishings 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. Seasons Furnishings's Revenue for the three months ended in Mar. 2023 was ₹17.01 Mil. Seasons Furnishings's average Accounts Receivable for the three months ended in Mar. 2023 was ₹82.33 Mil. Hence, Seasons Furnishings's Receivables Turnover for the three months ended in Mar. 2023 was 0.21.


Seasons Furnishings Receivables Turnover Historical Data

The historical data trend for Seasons Furnishings'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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Seasons Furnishings Receivables Turnover Chart

Seasons Furnishings 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 0.69 0.72 0.46 0.63 0.95

Seasons Furnishings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.19 0.25 0.24 0.26 0.21

Competitive Comparison of Seasons Furnishings's Receivables Turnover

For the Textile Manufacturing subindustry, Seasons Furnishings'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.


Seasons Furnishings's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seasons Furnishings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Seasons Furnishings's Receivables Turnover falls into.



Seasons Furnishings Receivables Turnover Calculation

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

Seasons Furnishings'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 )
=75.124 / ((75.296 + 82.326) / 2 )
=75.124 / 78.811
=0.95

Seasons Furnishings's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=17.009 / ((0 + 82.326) / 1 )
=17.009 / 82.326
=0.21

* 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.


Seasons Furnishings  (BOM:521182) 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.


Seasons Furnishings Receivables Turnover Related Terms

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Seasons Furnishings (BOM:521182) Business Description

Traded in Other Exchanges
N/A
Address
A-47, 1st Floor, Okhla Industrial Area, Phase-1, New Delhi, IND, 110 020
Seasons Furnishings Ltd is a designer and seller of furnishing fabric, made-ups, and lifestyle products to institutional and retail customers. Geographically, it operates only in India. Its products include Atelier; Chaplin; Drumroll; Discover; Herald; Matrix; Navajo; Podium; Warlock; Sanna; Missoni and Lutron. The company's only segment consists of trading of Furnishing Fabrics.

Seasons Furnishings (BOM:521182) Headlines

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