S & S Power Switchgear (BOM:517273) Receivables Turnover : 1.08 (As of Mar. 2024)

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What is S & S Power Switchgear 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. S & S Power Switchgear's Revenue for the three months ended in Mar. 2024 was ₹431 Mil. S & S Power Switchgear's average Accounts Receivable for the three months ended in Mar. 2024 was ₹398 Mil. Hence, S & S Power Switchgear's Receivables Turnover for the three months ended in Mar. 2024 was 1.08.

S & S Power Switchgear Receivables Turnover Historical Data

The historical data trend for S & S Power Switchgear'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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S & S Power Switchgear Receivables Turnover Chart

S & S Power Switchgear Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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3.32

4.45

3.68

5.18

4.70

S & S Power Switchgear 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															1.66	1.29	1.41	1.94	1.08

Competitive Comparison of S & S Power Switchgear's Receivables Turnover

For the Electrical Equipment & Parts subindustry, S & S Power Switchgear'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.

S & S Power Switchgear's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, S & S Power Switchgear's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where S & S Power Switchgear's Receivables Turnover falls into.

S & S Power Switchgear Receivables Turnover Calculation

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

S & S Power Switchgear'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 )
=	1593.765	/ (	(279.784	+	398.486)	/	2 )
=	1593.765	/	339.135
=	4.70

S & S Power Switchgear'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 )
=	431.006	/ (	(0	+	398.486)	/	1 )
=	431.006	/	398.486
=	1.08

S & S Power Switchgear (BOM:517273) 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.

S & S Power Switchgear Receivables Turnover Related Terms

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S & S Power Switchgear (BOM:517273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » S & S Power Switchgear Ltd (BOM:517273) » Definitions » Receivables Turnover

Traded in Other Exchanges

S&SPOWER:India

Address

Plot No. 14, CMDA Industrial Area-II, Chithamanur Village, Maraimalai Nagar, Kancheepuram District, Kancheepuram, TN, IND, 603209

Website

https://www.sspower.com

S & S Power Switchgear Ltd is engaged in designing, manufacturing and selling new circuit breaker products, and servicing an old installed base of circuit breakers. The group has a business presence in India and the UK, of which key revenue is derived from the UK. The company offers spare parts and services; retrofit solutions, including circuit breaker and disconnector retrofit solutions; medium voltage switchgear panels; and disconnector switches, such as centre breaks, double breaks, and pantograph.

S & S Power Switchgear (BOM:517273) Headlines

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