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Marathon Nextgen Realty (BOM:503101) Receivables Turnover : 2.31 (As of Dec. 2023)


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What is Marathon Nextgen Realty 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. Marathon Nextgen Realty's Revenue for the three months ended in Dec. 2023 was ₹2,104 Mil. Marathon Nextgen Realty's average Accounts Receivable for the three months ended in Dec. 2023 was ₹912 Mil. Hence, Marathon Nextgen Realty's Receivables Turnover for the three months ended in Dec. 2023 was 2.31.


Marathon Nextgen Realty Receivables Turnover Historical Data

The historical data trend for Marathon Nextgen Realty'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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Marathon Nextgen Realty Receivables Turnover Chart

Marathon Nextgen Realty Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.67 17.65 5.70 6.94 17.64

Marathon Nextgen Realty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.58 3.93 4.84 1.42 2.31

Competitive Comparison of Marathon Nextgen Realty's Receivables Turnover

For the Real Estate - Development subindustry, Marathon Nextgen Realty'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.


Marathon Nextgen Realty's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Marathon Nextgen Realty's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Marathon Nextgen Realty's Receivables Turnover falls into.



Marathon Nextgen Realty Receivables Turnover Calculation

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

Marathon Nextgen Realty's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=7165.343 / ((379.006 + 433.31) / 2 )
=7165.343 / 406.158
=17.64

Marathon Nextgen Realty's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=2104.128 / ((911.723 + 0) / 1 )
=2104.128 / 911.723
=2.31

* 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.


Marathon Nextgen Realty  (BOM:503101) 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.


Marathon Nextgen Realty Receivables Turnover Related Terms

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Marathon Nextgen Realty (BOM:503101) Business Description

Traded in Other Exchanges
Address
Mulund-Goregaon Link Road and L.B.S Marg, 702, Marathon MAX, Mulund (West), Mumbai, MH, IND, 400 080
Marathon Nextgen Realty Ltd is a real estate company. It is engaged in the business of construction, development, and sale of commercial and residential real estate projects. Geographically, it operates only in India. Some of its projects include Marathon NextGen Era; Marathon NextGen Innova; Marathon NextGen Emperor and Marathon Embrace (SRA). It generates maximum revenue from sale of a property.

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