Vivaa Tradecom (BOM:544002) Receivables Turnover : 0.98 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Vivaa Tradecom 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. Vivaa Tradecom's Revenue for the six months ended in Mar. 2023 was ₹485 Mil. Vivaa Tradecom's average Accounts Receivable for the six months ended in Mar. 2023 was ₹492 Mil. Hence, Vivaa Tradecom's Receivables Turnover for the six months ended in Mar. 2023 was 0.98.

Vivaa Tradecom Receivables Turnover Historical Data

The historical data trend for Vivaa Tradecom'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.

Vivaa Tradecom Receivables Turnover Chart

Vivaa Tradecom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

9.99

4.26

3.75

2.79

6.33

Vivaa Tradecom Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	-	1.19	0.98	-

Competitive Comparison of Vivaa Tradecom's Receivables Turnover

For the Apparel Manufacturing subindustry, Vivaa Tradecom'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.

Vivaa Tradecom's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vivaa Tradecom's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vivaa Tradecom's Receivables Turnover falls into.

Vivaa Tradecom Receivables Turnover Calculation

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

Vivaa Tradecom'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 )
=	1984.056	/ (	(252.536	+	374.697)	/	2 )
=	1984.056	/	313.6165
=	6.33

Vivaa Tradecom's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

	Receivables Turnover (Q: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	484.971	/ (	(732.446	+	252.536)	/	2 )
=	484.971	/	492.491
=	0.98

Vivaa Tradecom (BOM:544002) 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.

Vivaa Tradecom Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Vivaa Tradecom's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Vivaa Tradecom (BOM:544002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vivaa Tradecom Ltd (BOM:544002) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

17, Pirana Piplaj Road, Saijpur (Gopalpur), Piplej, Ahmedabad, GJ, IND, 382405

Website

https://www.vivaatrade.com

Vivaa Tradecom Ltd is engaged in the trading of clothes and Garments. Its product range of denim jeans for men and women bears the hallmark of its distinctive sourcing and lean manufacturing via engagement with a string of valued and dependable supply chain partners.

Vivaa Tradecom (BOM:544002) Headlines

No Headlines