Arvind SmartSpaces (BOM:539301) Receivables Turnover : 44.83 (As of Mar. 2024)

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What is Arvind SmartSpaces 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. Arvind SmartSpaces's Revenue for the three months ended in Mar. 2024 was ₹1,174 Mil. Arvind SmartSpaces's average Accounts Receivable for the three months ended in Mar. 2024 was ₹26 Mil. Hence, Arvind SmartSpaces's Receivables Turnover for the three months ended in Mar. 2024 was 44.83.

Arvind SmartSpaces Receivables Turnover Historical Data

The historical data trend for Arvind SmartSpaces'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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Arvind SmartSpaces Receivables Turnover Chart

Arvind SmartSpaces Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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279.16

90.64

154.02

135.61

127.99

Arvind SmartSpaces Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															34.16	24.64	23.74	27.54	44.83

Competitive Comparison of Arvind SmartSpaces's Receivables Turnover

For the Real Estate - Development subindustry, Arvind SmartSpaces'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.

Arvind SmartSpaces's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arvind SmartSpaces's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Arvind SmartSpaces's Receivables Turnover falls into.

Arvind SmartSpaces Receivables Turnover Calculation

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

Arvind SmartSpaces'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 )
=	3411.772	/ (	(27.129	+	26.184)	/	2 )
=	3411.772	/	26.6565
=	127.99

Arvind SmartSpaces's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1173.723	/ (	(0	+	26.184)	/	1 )
=	1173.723	/	26.184
=	44.83

Arvind SmartSpaces (BOM:539301) 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.

Arvind SmartSpaces Receivables Turnover Related Terms

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Arvind SmartSpaces (BOM:539301) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arvind SmartSpaces Ltd (BOM:539301) » Definitions » Receivables Turnover

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ARVSMART:India

Address

Behind Citibank, Off C.G. Road, 24, Government Servant's Society, Near Municipal Market, Navrangpura, Ahmedabad, GJ, IND, 380 009

Website

https://www.arvindsmartspaces.com

Arvind SmartSpaces Ltd is a real estate development company. The company is engaged in developing residential, commercial, and industrial projects. Geographically, it operates only in India. The company's projects in Ahmedabad include Alcove, Parishkaar, Citadel, Megatrade, Forreste, Uplands, and many more; the projects in Bengaluru, include Expansia, Sporcia, Oasis, Skylands, the Edge, and Belair; the projects in Pune include Elan. It generates revenue from the Sale of Commercial and residential units.

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