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Ras Resorts & Apart Hotels (BOM:507966) Receivables Turnover : 3.02 (As of Dec. 2024)


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What is Ras Resorts & Apart 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. Ras Resorts & Apart Hotels's Revenue for the three months ended in Dec. 2024 was ₹36.8 Mil. Ras Resorts & Apart Hotels's average Accounts Receivable for the three months ended in Dec. 2024 was ₹12.2 Mil. Hence, Ras Resorts & Apart Hotels's Receivables Turnover for the three months ended in Dec. 2024 was 3.02.


Ras Resorts & Apart Hotels Receivables Turnover Historical Data

The historical data trend for Ras Resorts & Apart 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.

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Ras Resorts & Apart Hotels Receivables Turnover Chart

Ras Resorts & Apart Hotels 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 24.23 19.54 20.55 13.85 11.16

Ras Resorts & Apart Hotels 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 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 2.48 3.42 2.91 2.19 3.02

Competitive Comparison of Ras Resorts & Apart Hotels's Receivables Turnover

For the Lodging subindustry, Ras Resorts & Apart 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.


Ras Resorts & Apart Hotels's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Ras Resorts & Apart Hotels's Receivables Turnover falls into.


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Ras Resorts & Apart Hotels Receivables Turnover Calculation

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

Ras Resorts & Apart Hotels'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 )
=130.61 / ((12.149 + 11.259) / 2 )
=130.61 / 11.704
=11.16

Ras Resorts & Apart Hotels'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 )
=36.838 / ((12.189 + 0) / 1 )
=36.838 / 12.189
=3.02

* 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.


Ras Resorts & Apart Hotels  (BOM:507966) 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.


Ras Resorts & Apart Hotels Receivables Turnover Related Terms

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Ras Resorts & Apart Hotels Business Description

Traded in Other Exchanges
N/A
Address
99/C, Rosewood Chambers, Tulsiwadi, Tardeo, Mumbai, MH, IND, 400 034
Ras Resorts & Apart Hotels Ltd operates a hotel and real estate business. It is engaged in the business of owning and operating a hotel and resort. The company's operating segment includes Hoteliering and Real Estate, Out of which the majority of revenue is generated from the hoteliering segment. Geographically, the firm operates in India. Its resort facilities include a Children's Playground, Conference halls, Sandal Cola Lawns, Adult and Baby Pools, and health club/wellness Centre facilities.

Ras Resorts & Apart Hotels Headlines

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