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Bharat Global Developers (BOM:521238) Receivables Turnover : 1.41 (As of Dec. 2024)


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What is Bharat Global Developers 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. Bharat Global Developers's Revenue for the three months ended in Dec. 2024 was ₹2,760 Mil. Bharat Global Developers's average Accounts Receivable for the three months ended in Dec. 2024 was ₹1,954 Mil. Hence, Bharat Global Developers's Receivables Turnover for the three months ended in Dec. 2024 was 1.41.


Bharat Global Developers Receivables Turnover Historical Data

The historical data trend for Bharat Global Developers'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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Bharat Global Developers Receivables Turnover Chart

Bharat Global Developers 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 - - - - 2.08

Bharat Global Developers 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 - 1.00 2.20 1.97 1.41

Competitive Comparison of Bharat Global Developers's Receivables Turnover

For the Information Technology Services subindustry, Bharat Global Developers'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.


Bharat Global Developers's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Bharat Global Developers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bharat Global Developers's Receivables Turnover falls into.


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Bharat Global Developers Receivables Turnover Calculation

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

Bharat Global Developers'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 )
=257.571 / ((0.658 + 247.023) / 2 )
=257.571 / 123.8405
=2.08

Bharat Global Developers'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 )
=2760.266 / ((1954.142 + 0) / 1 )
=2760.266 / 1954.142
=1.41

* 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.


Bharat Global Developers  (BOM:521238) 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.


Bharat Global Developers Receivables Turnover Related Terms

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Bharat Global Developers Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, A 707, Sun West Bank, Ahmedabad, GJ, IND, 380009
Bharat Global Developers Ltd formerly KKRRAFTON Developers Ltd provides cloud-based computing services to banks, financial services firms, manufacturers, healthcare and life sciences organizations, telecommunications providers, airlines, and transportation companies.

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