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Bombay Cycle & Motor Agency (BOM:501430) Receivables Turnover : 6.36 (As of Jun. 2024)


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What is Bombay Cycle & Motor Agency 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. Bombay Cycle & Motor Agency's Revenue for the three months ended in Jun. 2024 was ₹24.46 Mil. Bombay Cycle & Motor Agency's average Accounts Receivable for the three months ended in Jun. 2024 was ₹3.85 Mil. Hence, Bombay Cycle & Motor Agency's Receivables Turnover for the three months ended in Jun. 2024 was 6.36.


Bombay Cycle & Motor Agency Receivables Turnover Historical Data

The historical data trend for Bombay Cycle & Motor Agency'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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Bombay Cycle & Motor Agency Receivables Turnover Chart

Bombay Cycle & Motor Agency 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 8.71 2.64 6.00 31.54 29.56

Bombay Cycle & Motor Agency Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.47 3.53 4.61 6.42 6.36

Competitive Comparison of Bombay Cycle & Motor Agency's Receivables Turnover

For the Conglomerates subindustry, Bombay Cycle & Motor Agency'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.


Bombay Cycle & Motor Agency's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bombay Cycle & Motor Agency's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bombay Cycle & Motor Agency's Receivables Turnover falls into.



Bombay Cycle & Motor Agency Receivables Turnover Calculation

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

Bombay Cycle & Motor Agency'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 )
=91.995 / ((2.378 + 3.847) / 2 )
=91.995 / 3.1125
=29.56

Bombay Cycle & Motor Agency's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=24.462 / ((3.847 + 0) / 1 )
=24.462 / 3.847
=6.36

* 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.


Bombay Cycle & Motor Agency  (BOM:501430) 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.


Bombay Cycle & Motor Agency Receivables Turnover Related Terms

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Bombay Cycle & Motor Agency Business Description

Traded in Other Exchanges
N/A
Address
534, Sardar Vallabhbhai Patel Road, Opera House, Mumbai, MH, IND, 400 007
Bombay Cycle & Motor Agency Ltd is an India-based company with the main objective to undertake business of sales and servicing of motor cars. The company diversified its operations in Restaurant and Banquets services at its Hospitality Division situated at Opera House. The company operates in two segments which include Auto Division and Hospitality Division. Hospitality Division includes the sale of food and beverage. Auto Division includes servicing of cars.

Bombay Cycle & Motor Agency Headlines

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