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Ventura Guaranty (BOM:512060) Receivables Turnover : 1.27 (As of Jun. 2024)


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What is Ventura Guaranty 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. Ventura Guaranty's Revenue for the three months ended in Jun. 2024 was ₹744 Mil. Ventura Guaranty's average Accounts Receivable for the three months ended in Jun. 2024 was ₹584 Mil. Hence, Ventura Guaranty's Receivables Turnover for the three months ended in Jun. 2024 was 1.27.


Ventura Guaranty Receivables Turnover Historical Data

The historical data trend for Ventura Guaranty'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.

Ventura Guaranty Receivables Turnover Chart

Ventura Guaranty Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial 2.54 3.12 2.89 3.15 3.85

Ventura Guaranty Quarterly Data
Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.86 1.22 1.23 0.81 1.27

Competitive Comparison of Ventura Guaranty's Receivables Turnover

For the Capital Markets subindustry, Ventura Guaranty'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.


Ventura Guaranty's Receivables Turnover Distribution in the Capital Markets Industry

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

* The bar in red indicates where Ventura Guaranty's Receivables Turnover falls into.



Ventura Guaranty Receivables Turnover Calculation

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

Ventura Guaranty'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 )
=2226.833 / ((572.56 + 584.269) / 2 )
=2226.833 / 578.4145
=3.85

Ventura Guaranty's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=743.756 / ((584.269 + 0) / 1 )
=743.756 / 584.269
=1.27

* 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.


Ventura Guaranty  (BOM:512060) 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.


Ventura Guaranty Receivables Turnover Related Terms

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Ventura Guaranty Business Description

Traded in Other Exchanges
N/A
Address
Pokhran Road No. 2, Off Eastern Express Highway, 8th Floor, B Wing, I-Think Techno Campus, Thane (West), Thane, MH, IND, 400607
Ventura Guaranty Ltd is a non-banking finance company. The company offers stock broking, sub-broking and related activities, and Other financial intermediation services.

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