Sah Polymers (BOM:543743) Receivables Turnover : 1.47 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Sah Polymers 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. Sah Polymers's Revenue for the three months ended in Mar. 2024 was ₹324 Mil. Sah Polymers's average Accounts Receivable for the three months ended in Mar. 2024 was ₹220 Mil. Hence, Sah Polymers's Receivables Turnover for the three months ended in Mar. 2024 was 1.47.

Sah Polymers Receivables Turnover Historical Data

The historical data trend for Sah Polymers'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.

Sah Polymers Receivables Turnover Chart

Sah Polymers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

5.38

5.84

6.84

6.36

5.72

Sah Polymers Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial						1.23	1.44	1.34	1.27	1.47

Competitive Comparison of Sah Polymers's Receivables Turnover

For the Packaging & Containers subindustry, Sah Polymers'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.

Sah Polymers's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sah Polymers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sah Polymers's Receivables Turnover falls into.

Sah Polymers Receivables Turnover Calculation

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

Sah Polymers'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 )
=	1091.886	/ (	(161.437	+	220.322)	/	2 )
=	1091.886	/	190.8795
=	5.72

Sah Polymers'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 )
=	324.044	/ (	(0	+	220.322)	/	1 )
=	324.044	/	220.322
=	1.47

Sah Polymers (BOM:543743) 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.

Sah Polymers Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Sah Polymers's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Sah Polymers (BOM:543743) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sah Polymers Ltd (BOM:543743) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SAH:India

Address

E-260-261 Mewar Industrial Area, Opp UCCI, Madri, Udaipur, RJ, IND, 313003

Website

https://www.sahpolymers.com

Sah Polymers Ltd is engaged in manufacturing and selling Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/LLDPE/PP woven fabrics, and woven polymers. It offers customized bulk packaging solutions to business-to-business manufacturers catering to different industries such as agro pesticides industry, basic drug industry, cement industry, cattle feed industry, chemical industry, metal industry, food products industry, textile industry, fertilizer industry, tyre Industry, and many more.

Sah Polymers (BOM:543743) Headlines

No Headlines