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Monarch Networth Capital (BOM:511551) Receivables Turnover : 1.07 (As of Sep. 2024)


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What is Monarch Networth Capital 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. Monarch Networth Capital's Revenue for the three months ended in Sep. 2024 was ₹1,040 Mil. Monarch Networth Capital's average Accounts Receivable for the three months ended in Sep. 2024 was ₹971 Mil. Hence, Monarch Networth Capital's Receivables Turnover for the three months ended in Sep. 2024 was 1.07.


Monarch Networth Capital Receivables Turnover Historical Data

The historical data trend for Monarch Networth Capital'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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Monarch Networth Capital Receivables Turnover Chart

Monarch Networth Capital 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 0.88 2.04 3.85 3.50 3.99

Monarch Networth Capital 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 1.08 1.06 0.76 1.01 1.07

Competitive Comparison of Monarch Networth Capital's Receivables Turnover

For the Capital Markets subindustry, Monarch Networth Capital'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.


Monarch Networth Capital's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Monarch Networth Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Monarch Networth Capital's Receivables Turnover falls into.



Monarch Networth Capital Receivables Turnover Calculation

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

Monarch Networth Capital'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 )
=2536.057 / ((438.133 + 832.281) / 2 )
=2536.057 / 635.207
=3.99

Monarch Networth Capital'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 )
=1040.439 / ((0 + 970.786) / 1 )
=1040.439 / 970.786
=1.07

* 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.


Monarch Networth Capital  (BOM:511551) 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.


Monarch Networth Capital Receivables Turnover Related Terms

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Monarch Networth Capital Business Description

Traded in Other Exchanges
Address
Near lshwar Bhuvan, Commerce Six Road, Monarch House, Opposite Prahladbhai Patel Garden, Navrangpura, Ahmedabad, GJ, IND, 380009
Monarch Networth Capital Ltd is an Indian based company that operates in the capital market business. It is engaged in Share & Stock Broking, Merchant Banking, and Mutual Fund Distributors in India. The company operates into three business segments; Broking & other Finance Market Services, Non Banking Finance Business & Insurance business. Key revenue is generated from Broking & other Finance Market Services.

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