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Sayaji Hotels (BOM:523710) Receivables Turnover : 4.38 (As of Dec. 2023)


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What is Sayaji Hotels 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. Sayaji Hotels's Revenue for the three months ended in Dec. 2023 was ₹315 Mil. Sayaji Hotels's average Accounts Receivable for the three months ended in Dec. 2023 was ₹72 Mil. Hence, Sayaji Hotels's Receivables Turnover for the three months ended in Dec. 2023 was 4.38.


Sayaji Hotels Receivables Turnover Historical Data

The historical data trend for Sayaji Hotels'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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Sayaji Hotels Receivables Turnover Chart

Sayaji Hotels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.20 26.63 16.22 29.43 29.57

Sayaji Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.67 18.25 2.30 3.06 4.38

Competitive Comparison of Sayaji Hotels's Receivables Turnover

For the Lodging subindustry, Sayaji Hotels'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.


Sayaji Hotels's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sayaji Hotels's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sayaji Hotels's Receivables Turnover falls into.



Sayaji Hotels Receivables Turnover Calculation

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

Sayaji Hotels's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=2662.805 / ((73.727 + 106.375) / 2 )
=2662.805 / 90.051
=29.57

Sayaji Hotels's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=315.192 / ((72.021 + 0) / 1 )
=315.192 / 72.021
=4.38

* 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.


Sayaji Hotels  (BOM:523710) 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.


Sayaji Hotels Receivables Turnover Related Terms

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Sayaji Hotels (BOM:523710) Business Description

Traded in Other Exchanges
N/A
Address
Bypass Road, Amber Convention Centre, Near Best Price, Hare Krishna Vihar, Nipania, Indore, MP, IND, 452016
Sayaji Hotels Ltd is an India based company involved in the lodging business sector. The company is engaged in the business of owning, operating, and managing hotels. It derives revenues predominantly from the sale of rooms, food and beverages, and allied services. The company's brand includes Sayaji; Effotel by Sayaji; Enris by Sayaji and Barbeque Nation and others.

Sayaji Hotels (BOM:523710) Headlines

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