GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » International Steels Ltd (KAR:ISL) » Definitions » Receivables Turnover

International Steels (KAR:ISL) Receivables Turnover : 7.38 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is International 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. International Steels's Revenue for the three months ended in Mar. 2024 was ₨16,276 Mil. International Steels's average Accounts Receivable for the three months ended in Mar. 2024 was ₨2,207 Mil. Hence, International Steels's Receivables Turnover for the three months ended in Mar. 2024 was 7.38.


International Steels Receivables Turnover Historical Data

The historical data trend for International 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.

* Premium members only.

International Steels Receivables Turnover Chart

International Steels Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.00 51.05 71.38 92.63 70.33

International Steels 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 22.96 14.25 12.88 10.19 7.38

Competitive Comparison of International Steels's Receivables Turnover

For the Steel subindustry, International 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.


International Steels's Receivables Turnover Distribution in the Steel Industry

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

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



International Steels Receivables Turnover Calculation

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

International 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 )
=76753.334 / ((1034.132 + 1148.499) / 2 )
=76753.334 / 1091.3155
=70.33

International Steels'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 )
=16276.004 / ((2195.832 + 2217.491) / 2 )
=16276.004 / 2206.6615
=7.38

* 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.


International Steels  (KAR:ISL) 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.


International Steels Receivables Turnover Related Terms

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


International Steels (KAR:ISL) Business Description

Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101 Beaumont Plaza, Civil Lines, Karachi, SD, PAK, 75530
International Steels Ltd manufactures steel products. The company produces cold-rolled, sheet, and hot-dipped galvanized sheet steels. It serves industries like construction, appliances, automotive, agricultural implements, and packaging. Geographically, it derives a majority of revenue from Domestic sales.

International Steels (KAR:ISL) Headlines