E Factor Experiences (NSE:EFACTOR) Receivables Turnover : 3.82 (As of Mar. 2023)

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What is E Factor Experiences 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. E Factor Experiences's Revenue for the six months ended in Mar. 2023 was ₹1,193 Mil. E Factor Experiences's average Accounts Receivable for the six months ended in Mar. 2023 was ₹312 Mil. Hence, E Factor Experiences's Receivables Turnover for the six months ended in Mar. 2023 was 3.82.

E Factor Experiences Receivables Turnover Historical Data

The historical data trend for E Factor Experiences'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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E Factor Experiences Receivables Turnover Chart

E Factor Experiences Annual Data

Trend

Mar21

Mar22

Mar23

Receivables Turnover

0.59

2.89

3.82

E Factor Experiences Semi-Annual Data
	Mar21	Mar22	Mar23
Receivables Turnover	0.59	2.89	3.82

Competitive Comparison of E Factor Experiences's Receivables Turnover

For the Specialty Business Services subindustry, E Factor Experiences'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.

E Factor Experiences's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, E Factor Experiences's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where E Factor Experiences's Receivables Turnover falls into.

E Factor Experiences Receivables Turnover Calculation

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

E Factor Experiences'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 )
=	1192.616	/ (	(285.606	+	338.551)	/	2 )
=	1192.616	/	312.0785
=	3.82

E Factor Experiences'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: Mar. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	1192.616	/ (	(285.606	+	338.551)	/	2 )
=	1192.616	/	312.0785
=	3.82

E Factor Experiences (NSE:EFACTOR) 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.

E Factor Experiences Receivables Turnover Related Terms

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E Factor Experiences (NSE:EFACTOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » E Factor Experiences Ltd (NSE:EFACTOR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. A-49, Sec 67, Gautam Budh Nagar, Noida, UP, IND, 201301

Website

https://www.efactor4u.com

E Factor Experiences Ltd company is engaged in providing the consumers and community with event experiences, event services, technology based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, private and social event solutions. It's portfolio services includes turnkey assignments in the form of Government commissioned Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events & Contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations etc.

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