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N2N Technologies (BOM:512279) Receivables Turnover : 2.69 (As of Jun. 2024)


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What is N2N Technologies 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. N2N Technologies's Revenue for the three months ended in Jun. 2024 was ₹3.31 Mil. N2N Technologies's average Accounts Receivable for the three months ended in Jun. 2024 was ₹1.23 Mil. Hence, N2N Technologies's Receivables Turnover for the three months ended in Jun. 2024 was 2.69.


N2N Technologies Receivables Turnover Historical Data

The historical data trend for N2N Technologies'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.

N2N Technologies Receivables Turnover Chart

N2N Technologies 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 - - - 5.04 13.20

N2N Technologies Quarterly Data
Sep19 Dec19 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 3.11 - - 2.38 2.69

Competitive Comparison of N2N Technologies's Receivables Turnover

For the Information Technology Services subindustry, N2N Technologies'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.


N2N Technologies's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, N2N Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where N2N Technologies's Receivables Turnover falls into.



N2N Technologies Receivables Turnover Calculation

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

N2N Technologies'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 )
=16.143 / ((1.216 + 1.23) / 2 )
=16.143 / 1.223
=13.20

N2N Technologies'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 )
=3.313 / ((1.23 + 0) / 1 )
=3.313 / 1.23
=2.69

* 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.


N2N Technologies  (BOM:512279) 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.


N2N Technologies Receivables Turnover Related Terms

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N2N Technologies Business Description

Traded in Other Exchanges
N/A
Address
Office No 202, Kumar Primus, Hadapsar, Pune, MH, IND, 411 013
N2N Technologies Ltd is an information technology (IT) service provider offering information and business technology solutions. The company offers services such as Quality Management, Business Intelligence, SAP Services, Web services, and Engineering. The company also provides Consulting Services.

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