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Selan Exploration Technology (BOM:530075) Receivables Turnover : 1.58 (As of Mar. 2024)


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What is Selan Exploration Technology 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. Selan Exploration Technology's Revenue for the three months ended in Mar. 2024 was ₹547 Mil. Selan Exploration Technology's average Accounts Receivable for the three months ended in Mar. 2024 was ₹346 Mil. Hence, Selan Exploration Technology's Receivables Turnover for the three months ended in Mar. 2024 was 1.58.


Selan Exploration Technology Receivables Turnover Historical Data

The historical data trend for Selan Exploration Technology'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.

Selan Exploration Technology Receivables Turnover Chart

Selan Exploration Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.98 3.25 4.94 6.28 6.19

Selan Exploration Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.41 1.49 1.79 1.99 1.58

Competitive Comparison of Selan Exploration Technology's Receivables Turnover

For the Oil & Gas E&P subindustry, Selan Exploration Technology'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.


Selan Exploration Technology's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Selan Exploration Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Selan Exploration Technology's Receivables Turnover falls into.



Selan Exploration Technology Receivables Turnover Calculation

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

Selan Exploration Technology'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 )
=1656 / ((188.454 + 346.2) / 2 )
=1656 / 267.327
=6.19

Selan Exploration Technology's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=547.2 / ((0 + 346.2) / 1 )
=547.2 / 346.2
=1.58

* 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.


Selan Exploration Technology  (BOM:530075) 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.


Selan Exploration Technology Receivables Turnover Related Terms

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Selan Exploration Technology (BOM:530075) Business Description

Traded in Other Exchanges
Address
Golf Course Extension Road, 8th floor, Imperia Mindspace, Sector - 62, Gurgaon, HR, IND, 122102
Selan Exploration Technology Ltd is engaged in the exploration and production of crude oil and natural gas. The company has operations in Bakrol, Lohar, Karjisan, and Ognaj. It generates a majority of its revenue from the Sale of Crude Oil.

Selan Exploration Technology (BOM:530075) Headlines

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