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Amrapali Fincap (BOM:539265) Receivables Turnover : 4,143.40 (As of Sep. 2023)


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What is Amrapali Fincap 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. Amrapali Fincap's Revenue for the six months ended in Sep. 2023 was ₹21 Mil. Amrapali Fincap's average Accounts Receivable for the six months ended in Sep. 2023 was ₹0 Mil. Hence, Amrapali Fincap's Receivables Turnover for the six months ended in Sep. 2023 was 4,143.40.


Amrapali Fincap Receivables Turnover Historical Data

The historical data trend for Amrapali Fincap'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.

Amrapali Fincap Receivables Turnover Chart

Amrapali Fincap Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 352.68 1,943.19 156,194.00 26,582.60 231,506.60

Amrapali Fincap Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 21,902.40 4,680.20 2,054.80 229,451.80 4,143.40

Competitive Comparison of Amrapali Fincap's Receivables Turnover

For the Capital Markets subindustry, Amrapali Fincap'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.


Amrapali Fincap's Receivables Turnover Distribution in the Capital Markets Industry

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

* The bar in red indicates where Amrapali Fincap's Receivables Turnover falls into.



Amrapali Fincap Receivables Turnover Calculation

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

Amrapali Fincap'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 )
=1157.533 / ((0.005 + 0.005) / 2 )
=1157.533 / 0.005
=231,506.60

Amrapali Fincap's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=20.717 / ((0.005 + 0) / 1 )
=20.717 / 0.005
=4,143.40

* 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.


Amrapali Fincap  (BOM:539265) 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.


Amrapali Fincap Receivables Turnover Related Terms

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Amrapali Fincap (BOM:539265) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 19/20/21, Narayan Chambers, 3rd Floor, Behind Patang Hotel, Ellisbridge, Ahmedabad, GJ, IND, 380009
Amrapali Fincap Ltd engages in providing loans and advances. It is also engaged in the business of trading in commodity and shares. It mainly trades in shares and securities in future and option. The firm generates revenue through share and commodity trading.

Amrapali Fincap (BOM:539265) Headlines

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