GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sapphire Fibres Ltd (KAR:SFL) » Definitions » Receivables Turnover

Sapphire Fibres (KAR:SFL) Receivables Turnover : 0.85 (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Sapphire Fibres 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. Sapphire Fibres's Revenue for the three months ended in Mar. 2024 was ₨13,300 Mil. Sapphire Fibres's average Accounts Receivable for the three months ended in Mar. 2024 was ₨15,647 Mil. Hence, Sapphire Fibres's Receivables Turnover for the three months ended in Mar. 2024 was 0.85.


Sapphire Fibres Receivables Turnover Historical Data

The historical data trend for Sapphire Fibres'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.

Sapphire Fibres Receivables Turnover Chart

Sapphire Fibres 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 2.88 2.37 2.82 4.47 3.90

Sapphire Fibres 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 0.87 1.11 1.14 0.71 0.85

Competitive Comparison of Sapphire Fibres's Receivables Turnover

For the Textile Manufacturing subindustry, Sapphire Fibres'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.


Sapphire Fibres's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sapphire Fibres's Receivables Turnover falls into.



Sapphire Fibres Receivables Turnover Calculation

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

Sapphire Fibres'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 )
=65461.81 / ((13956.755 + 19608.974) / 2 )
=65461.81 / 16782.8645
=3.90

Sapphire Fibres'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 )
=13300.221 / ((15657.934 + 15635.422) / 2 )
=13300.221 / 15646.678
=0.85

* 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.


Sapphire Fibres  (KAR:SFL) 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.


Sapphire Fibres Receivables Turnover Related Terms

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


Sapphire Fibres (KAR:SFL) Business Description

Traded in Other Exchanges
N/A
Address
73-E Main Jail Road, 1st Floor, Tricon Corporate Centre, Gulberg II, Lahore, PB, PAK
Sapphire Fibres Ltd is engaged in the manufacturing and sale of yarn, fabrics, and garments. The company's operating segment includes Spinning; Knitting, processing and garments; Denim and Power.