Indergiri Finance (BOM:531505) Receivables Turnover : 0.00 (As of Mar. 2024)

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What is Indergiri Finance 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. Indergiri Finance's Revenue for the three months ended in Mar. 2024 was ₹3.08 Mil. Indergiri Finance's average Accounts Receivable for the three months ended in Mar. 2024 was ₹0.00 Mil.

Indergiri Finance Receivables Turnover Historical Data

The historical data trend for Indergiri Finance'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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Indergiri Finance Receivables Turnover Chart

Indergiri Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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7.68

14.18

15.28

Indergiri Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															-	10.39	2.74	-	-

Competitive Comparison of Indergiri Finance's Receivables Turnover

For the Asset Management subindustry, Indergiri Finance'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.

Indergiri Finance's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Indergiri Finance's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Indergiri Finance's Receivables Turnover falls into.

Indergiri Finance Receivables Turnover Calculation

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

Indergiri Finance'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 )
=	7.882	/ (	(0.516	+	0)	/	1 )
=	7.882	/	0.516
=	15.28

Indergiri Finance'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 )
=	3.084	/ (	(0	+	0)	/	1 )
=	3.084	/	0
=	N/A

Indergiri Finance (BOM:531505) 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.

Indergiri Finance Receivables Turnover Related Terms

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Indergiri Finance (BOM:531505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Indergiri Finance Ltd (BOM:531505) » Definitions » Receivables Turnover

Comparable Companies

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N/A

Address

Andheri Kurla Road, Unit No. 806, B Wing 8th Floor, Kanakia Wall Street, Chakala, Andheri East, Mumbai, MH, IND, 400093

Website

https://www.indergiri.com

Indergiri Finance Ltd is a non-banking finance company (NBFC). It is engaged in fund base business activities of leasing, hire purchase, lending, and investment besides non-fund based business activities like merchant banking, syndication, and arrangement of finance etc. The company operates mainly in the business segment of fund based financing activity. All activities of the business are carried out within India.

Indergiri Finance (BOM:531505) Headlines

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