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Libord Finance (BOM:511593) Receivables Turnover : 0.09 (As of Mar. 2024)


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What is Libord Finance 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. Libord Finance's Revenue for the three months ended in Mar. 2024 was ₹0.91 Mil. Libord Finance's average Accounts Receivable for the three months ended in Mar. 2024 was ₹9.78 Mil. Hence, Libord Finance's Receivables Turnover for the three months ended in Mar. 2024 was 0.09.


Libord Finance Receivables Turnover Historical Data

The historical data trend for Libord Finance'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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Libord Finance Receivables Turnover Chart

Libord Finance 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 10.15 3.52 1.04 0.78 0.78

Libord Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.26 0.12 0.15 0.56 0.09

Competitive Comparison of Libord Finance's Receivables Turnover

For the Capital Markets subindustry, Libord Finance'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.


Libord Finance's Receivables Turnover Distribution in the Capital Markets Industry

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

* The bar in red indicates where Libord Finance's Receivables Turnover falls into.



Libord Finance Receivables Turnover Calculation

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

Libord Finance'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 )
=7.561 / ((9.553 + 9.783) / 2 )
=7.561 / 9.668
=0.78

Libord Finance's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.907 / ((0 + 9.783) / 1 )
=0.907 / 9.783
=0.09

* 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.


Libord Finance  (BOM:511593) 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.


Libord Finance Receivables Turnover Related Terms

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Libord Finance (BOM:511593) Business Description

Traded in Other Exchanges
N/A
Address
300, Shahid Bhagat Singh Road, 104, M. K. Bhavan, Fort, Mumbai, MH, IND, 400001
Libord Finance Ltd is engaged in providing various financial services. The company provides services like stock broking, merchant banking, merger and acquisition, corporate finance, corporate advisory services, corporate debt restructuring, rehabilitation of sick companies, project management, and other. The company receives maximum revenue in the form of consultancy charges. Geographically, the company operates in the Indian market region.

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