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SML Isuzu (BOM:505192) Receivables Turnover : 4.02 (As of Mar. 2024)


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What is SML Isuzu 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. SML Isuzu's Revenue for the three months ended in Mar. 2024 was ₹6,796 Mil. SML Isuzu's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,690 Mil. Hence, SML Isuzu's Receivables Turnover for the three months ended in Mar. 2024 was 4.02.


SML Isuzu Receivables Turnover Historical Data

The historical data trend for SML Isuzu'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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SML Isuzu Receivables Turnover Chart

SML Isuzu 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 12.12 14.75 15.44 23.56 17.95

SML Isuzu 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 7.70 8.34 6.56 5.08 4.02

Competitive Comparison of SML Isuzu's Receivables Turnover

For the Auto Manufacturers subindustry, SML Isuzu'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.


SML Isuzu's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SML Isuzu's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SML Isuzu's Receivables Turnover falls into.



SML Isuzu Receivables Turnover Calculation

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

SML Isuzu'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 )
=21959.3 / ((757.473 + 1689.7) / 2 )
=21959.3 / 1223.5865
=17.95

SML Isuzu'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 )
=6796 / ((0 + 1689.7) / 1 )
=6796 / 1689.7
=4.02

* 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.


SML Isuzu  (BOM:505192) 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.


SML Isuzu Receivables Turnover Related Terms

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SML Isuzu (BOM:505192) Business Description

Traded in Other Exchanges
Address
SCO 204-205, Sector 34-A, Chandigarh, PB, IND, 160 135
SML Isuzu Ltd is engaged in the business of manufacturing and selling Commercial Vehicles and their parts. Its business activities are carried out throughout India. The company's product portfolio includes trucks and buses and also provides special application vehicles, such as ambulances, tippers, dumper placers, troop carriers, prison vans, dual cab trucks, 4X4 trucks, water tanker trucks, closed vans, and refrigerated vans. The firm derives the majority of its revenues through the sale of vehicles.

SML Isuzu (BOM:505192) Headlines

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