Soap and Allied Industries (XMAU:SAIL.I0000) Receivables Turnover : 5.23 (As of Dec. 2022)

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What is Soap and Allied Industries 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. Soap and Allied Industries's Revenue for the six months ended in Dec. 2022 was MUR880.9 Mil. Soap and Allied Industries's average Accounts Receivable for the six months ended in Dec. 2022 was MUR168.4 Mil. Hence, Soap and Allied Industries's Receivables Turnover for the six months ended in Dec. 2022 was 5.23.

Soap and Allied Industries Receivables Turnover Historical Data

The historical data trend for Soap and Allied Industries'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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Soap and Allied Industries Receivables Turnover Chart

Soap and Allied Industries Annual Data

Trend

Dec20

Dec21

Dec22

Receivables Turnover

4.93

4.56

5.23

Soap and Allied Industries Semi-Annual Data
	Dec20	Dec21	Dec22
Receivables Turnover	4.93	4.56	5.23

Competitive Comparison of Soap and Allied Industries's Receivables Turnover

For the Household & Personal Products subindustry, Soap and Allied Industries'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.

Soap and Allied Industries's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Soap and Allied Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Soap and Allied Industries's Receivables Turnover falls into.

Soap and Allied Industries Receivables Turnover Calculation

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

Soap and Allied Industries's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	880.908	/ (	(173.663	+	163.227)	/	2 )
=	880.908	/	168.445
=	5.23

Soap and Allied Industries's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Dec. 2021 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	880.908	/ (	(173.663	+	163.227)	/	2 )
=	880.908	/	168.445
=	5.23

Soap and Allied Industries (XMAU:SAIL.I0000) 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.

Soap and Allied Industries Receivables Turnover Related Terms

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Soap and Allied Industries (XMAU:SAIL.I0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Soap and Allied Industries Ltd (XMAU:SAIL.I0000) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Moka Road, Bell Village, PO Box 900, Port Louis, MUS

Website

https://www.soapandallied.com

Soap and Allied Industries Ltd is a Mauritius-based company engaged in the manufacturing and sale of soap, detergent, and other cosmetic products. Its product portfolio includes all-purpose cleaners, beauty soap, bleach, custom-made soap, dishwashing liquid, fabric softener, floor cleaner, hand washing powder, laundry soap, luxury soap, toilet cleaner, and washing machine powder, among others. The company exports its products to Comoros, Kenya, Madagascar, Mayotte, Reunion, Seychelles, South Africa, and Zimbabwe.

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