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Markobenz Ventures (BOM:514060) Receivables Turnover : 0.27 (As of Dec. 2024)


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What is Markobenz Ventures 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. Markobenz Ventures's Revenue for the three months ended in Dec. 2024 was ₹102.1 Mil. Markobenz Ventures's average Accounts Receivable for the three months ended in Dec. 2024 was ₹381.8 Mil. Hence, Markobenz Ventures's Receivables Turnover for the three months ended in Dec. 2024 was 0.27.


Markobenz Ventures Receivables Turnover Historical Data

The historical data trend for Markobenz Ventures'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.

Markobenz Ventures Receivables Turnover Chart

Markobenz Ventures 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 - - - - 2.75

Markobenz Ventures 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 5.88 2.09 1.74 0.53 0.27

Competitive Comparison of Markobenz Ventures's Receivables Turnover

For the Food Distribution subindustry, Markobenz Ventures'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.


Markobenz Ventures's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Markobenz Ventures's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Markobenz Ventures's Receivables Turnover falls into.


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Markobenz Ventures Receivables Turnover Calculation

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

Markobenz Ventures'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 )
=238.456 / ((0 + 86.738) / 1 )
=238.456 / 86.738
=2.75

Markobenz Ventures'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 )
=102.058 / ((381.786 + 0) / 1 )
=102.058 / 381.786
=0.27

* 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.


Markobenz Ventures  (BOM:514060) 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.


Markobenz Ventures Receivables Turnover Related Terms

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Markobenz Ventures Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 209, Jamnalal Bajaj Road, Atlanta Building, Office No. 144, 14th Floor, Nariman Point, Mumbai, MH, IND, 400021
Markobenz Ventures Ltd trades in organic agricultural commodities in the B2B sector. The company operates offline and specializes in bulk trading with prominent regional merchants. The core product offerings include loose packaging of organic fennel seed, organic cumin (jeera), cotton, and turmeric. The company operates only in one segment namely, Trading of various Commodities.

Markobenz Ventures Headlines

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