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Jackson Investments (BOM:538422) Receivables Turnover : 0.05 (As of Dec. 2023)


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What is Jackson Investments 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. Jackson Investments's Revenue for the three months ended in Dec. 2023 was ₹1.46 Mil. Jackson Investments's average Accounts Receivable for the three months ended in Dec. 2023 was ₹30.47 Mil. Hence, Jackson Investments's Receivables Turnover for the three months ended in Dec. 2023 was 0.05.


Jackson Investments Receivables Turnover Historical Data

The historical data trend for Jackson Investments'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.

* Premium members only.

Jackson Investments Receivables Turnover Chart

Jackson Investments 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 1.44 0.41 1.19 2.31 0.80

Jackson Investments 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 0.15 0.11 0.06 0.05 0.05

Competitive Comparison of Jackson Investments's Receivables Turnover

For the Capital Markets subindustry, Jackson Investments'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.


Jackson Investments's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jackson Investments's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jackson Investments's Receivables Turnover falls into.



Jackson Investments Receivables Turnover Calculation

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

Jackson Investments'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 )
=16.257 / ((8.835 + 31.622) / 2 )
=16.257 / 20.2285
=0.80

Jackson Investments'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 )
=1.461 / ((30.472 + 0) / 1 )
=1.461 / 30.472
=0.05

* 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.


Jackson Investments  (BOM:538422) 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.


Jackson Investments Receivables Turnover Related Terms

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Jackson Investments (BOM:538422) Business Description

Traded in Other Exchanges
N/A
Address
7A, Bentinck Street, 3rd Floor, Room No. 310A, Kolkata, WB, IND, 700 001
Jackson Investments Ltd is an India-based company engaged in the business of Investments in Capital Market. The Company also does financing activities and provides finance to both Corporate and HNI categories of Clients. The company is engaged in the single business of trading in shares and securities. The company generates maximum revenue from the sale of Equity Shares.

Jackson Investments (BOM:538422) Headlines

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