Aruna Hotels (BOM:500016) Receivables Turnover : 3.54 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Aruna Hotels 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. Aruna Hotels's Revenue for the three months ended in Dec. 2023 was ₹38.7 Mil. Aruna Hotels's average Accounts Receivable for the three months ended in Dec. 2023 was ₹10.9 Mil. Hence, Aruna Hotels's Receivables Turnover for the three months ended in Dec. 2023 was 3.54.

Aruna Hotels Receivables Turnover Historical Data

The historical data trend for Aruna Hotels'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.

Aruna Hotels Receivables Turnover Chart

Aruna Hotels Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

4.69

Aruna Hotels Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial														0.91	3.32	6.27	3.90	3.54

Competitive Comparison of Aruna Hotels's Receivables Turnover

For the Lodging subindustry, Aruna Hotels'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.

Aruna Hotels's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Aruna Hotels's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aruna Hotels's Receivables Turnover falls into.

Aruna Hotels Receivables Turnover Calculation

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

Aruna Hotels'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 )
=	19.657	/ (	(3.639	+	4.752)	/	2 )
=	19.657	/	4.1955
=	4.69

Aruna Hotels'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 )
=	38.732	/ (	(10.929	+	0)	/	1 )
=	38.732	/	10.929
=	3.54

Aruna Hotels (BOM:500016) 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.

Aruna Hotels Receivables Turnover Related Terms

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

Aruna Hotels (BOM:500016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aruna Hotels Ltd (BOM:500016) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

144 - 145, Sterling Road, Aruna Centre, Nungambakkam, Chennai, TN, IND, 600034

Website

https://www.arunahotels.com

Aruna Hotels Ltd is engaged in operating, managing, and promoting hotels in India. It is involved in the business of hotels and motels, resorts providing short-term lodging facilities. It also provides accommodation in houseboats.

Aruna Hotels (BOM:500016) Headlines

No Headlines