Global Offshore Services (BOM:501848) Receivables Turnover : 1.47 (As of Dec. 2024)

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What is Global Offshore Services 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. Global Offshore Services's Revenue for the three months ended in Dec. 2024 was ₹81.3 Mil. Global Offshore Services's average Accounts Receivable for the three months ended in Dec. 2024 was ₹55.5 Mil. Hence, Global Offshore Services's Receivables Turnover for the three months ended in Dec. 2024 was 1.47.

Global Offshore Services Receivables Turnover Historical Data

The historical data trend for Global Offshore Services'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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Global Offshore Services Receivables Turnover Chart

Global Offshore Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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5.29

3.15

3.74

4.31

4.18

Global Offshore Services Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.35	0.13	1.83	1.31	1.47

Competitive Comparison of Global Offshore Services's Receivables Turnover

For the Marine Shipping subindustry, Global Offshore Services'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.

Global Offshore Services's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Offshore Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Global Offshore Services's Receivables Turnover falls into.

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Global Offshore Services Receivables Turnover Calculation

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

Global Offshore Services'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 )
=	320.949	/ (	(107.682	+	45.912)	/	2 )
=	320.949	/	76.797
=	4.18

Global Offshore Services's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	81.333	/ (	(55.502	+	0)	/	1 )
=	81.333	/	55.502
=	1.47

Global Offshore Services (BOM:501848) 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.

Global Offshore Services Receivables Turnover Related Terms

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Global Offshore Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Offshore Services Ltd (BOM:501848) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

D.N. Road, 3rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400001

Website

https://www.globaloffshore.in

Global Offshore Services Ltd is an Indian firm engaged in providing offshore support services to exploration and production companies. The company's vessels support oil and gas exploration efforts involving: the transport of personnel to rigs/platforms from onshore bases and vice-versa, delivery of cargo/material to rigs/platforms, anchor handling operations, towing of rigs from one location to another, support to offshore/underwater construction projects, the platform supply vessels owned and operated by the company and its subsidiaries are deployed in India, the North Sea, Brazil, and West Africa. The charter hire segment constitutes the majority of the company's revenue.

Global Offshore Services Headlines

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