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Empower India (BOM:504351) Receivables Turnover : 4.86 (As of Sep. 2024)


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What is Empower India 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. Empower India's Revenue for the three months ended in Sep. 2024 was ₹457 Mil. Empower India's average Accounts Receivable for the three months ended in Sep. 2024 was ₹94 Mil. Hence, Empower India's Receivables Turnover for the three months ended in Sep. 2024 was 4.86.


Empower India Receivables Turnover Historical Data

The historical data trend for Empower India'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.

Empower India Receivables Turnover Chart

Empower India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 - - - 26.04

Empower India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22,988.25 42,811.25 19.40 8.47 4.86

Competitive Comparison of Empower India's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Empower India'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.


Empower India's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Empower India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Empower India's Receivables Turnover falls into.



Empower India Receivables Turnover Calculation

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

Empower India'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 )
=1167.857 / ((0 + 44.85) / 1 )
=1167.857 / 44.85
=26.04

Empower India's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=457.154 / ((0 + 94.134) / 1 )
=457.154 / 94.134
=4.86

* 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.


Empower India  (BOM:504351) 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.


Empower India Receivables Turnover Related Terms

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Empower India Business Description

Traded in Other Exchanges
N/A
Address
327, D. N. Road, 25/25A, 2nd Floor, Nawab Building, Fort, Mumbai, MH, IND, 400001
Empower India Ltd engaged in Information Technology products and peripherals. It provides its clients with business processes and technology management services. Its product portfolio includes EmpowerBollywood, Empower Biz, and Empower Tradex. EmpowerBollywood aims to bring production houses, performers, service providers and general consumers to a common platform. Empower Biz is a business Intelligence App lets store and share business cards on phone with features that give an experience. Empower Tradex helps to trade or exchange goods or services among themselves. The company generates its revenue mainly from IT products.

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