CG-Vak Software & Exports (BOM:531489) Receivables Turnover : 1.37 (As of Dec. 2023)

CG-Vak Software & Exports Receivables Turnover Chart

CG-Vak Software & Exports Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Receivables Turnover		Get a 7-Day Free Trial					6.54	5.88	6.11	5.17	6.04

CG-Vak Software & Exports 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															2.66	-	1.95	1.46	1.37

Competitive Comparison of CG-Vak Software & Exports's Receivables Turnover

For the Software - Application subindustry, CG-Vak Software & Exports'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.

CG-Vak Software & Exports's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, CG-Vak Software & Exports's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CG-Vak Software & Exports's Receivables Turnover falls into.

CG-Vak Software & Exports Receivables Turnover Calculation

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

CG-Vak Software & Exports's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

CG-Vak Software & Exports's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

* 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.

CG-Vak Software & Exports  (BOM:531489) 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.

CG-Vak Software & Exports Receivables Turnover Related Terms

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CG-Vak Software & Exports (BOM:531489) Business Description