Reliance Industrial Infrastructure (BOM:523445) Receivables Turnover : 4.41 (As of Mar. 2024)

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What is Reliance Industrial Infrastructure 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. Reliance Industrial Infrastructure's Revenue for the three months ended in Mar. 2024 was ₹145.1 Mil. Reliance Industrial Infrastructure's average Accounts Receivable for the three months ended in Mar. 2024 was ₹32.9 Mil. Hence, Reliance Industrial Infrastructure's Receivables Turnover for the three months ended in Mar. 2024 was 4.41.

Reliance Industrial Infrastructure Receivables Turnover Historical Data

The historical data trend for Reliance Industrial Infrastructure'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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Reliance Industrial Infrastructure Receivables Turnover Chart

Reliance Industrial Infrastructure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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4.10

2.46

3.63

6.84

16.76

Reliance Industrial Infrastructure 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															4.84	3.92	2.69	2.80	4.41

Competitive Comparison of Reliance Industrial Infrastructure's Receivables Turnover

For the Engineering & Construction subindustry, Reliance Industrial Infrastructure'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.

Reliance Industrial Infrastructure's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Reliance Industrial Infrastructure's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Reliance Industrial Infrastructure's Receivables Turnover falls into.

Reliance Industrial Infrastructure Receivables Turnover Calculation

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

Reliance Industrial Infrastructure'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 )
=	580.863	/ (	(36.424	+	32.877)	/	2 )
=	580.863	/	34.6505
=	16.76

Reliance Industrial Infrastructure'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 )
=	145.127	/ (	(0	+	32.877)	/	1 )
=	145.127	/	32.877
=	4.41

Reliance Industrial Infrastructure (BOM:523445) 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.

Reliance Industrial Infrastructure Receivables Turnover Related Terms

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Reliance Industrial Infrastructure (BOM:523445) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reliance Industrial Infrastructure Ltd (BOM:523445) » Definitions » Receivables Turnover

Traded in Other Exchanges

RIIL:India

Address

Babubhai Chinai Road, 5th Floor, NKM International House, 178 Backbay Reclamation, Behind LIC Yogakshema Building, Mumbai, MH, IND, 400 020

Website

https://www.riil.in

Reliance Industrial Infrastructure Ltd is engaged in the business of setting up and operating industrial infrastructure. The company is also engaged in related activities involving leasing and providing services connected with computer software and data processing. Its revenue from operations includes Product Transportation Services, Hiring Construction Machinery, IT Support Services, and Others.

Reliance Industrial Infrastructure (BOM:523445) Headlines

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