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Gogia Capital Services (BOM:531600) Receivables Turnover : 0.20 (As of Mar. 2024)


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What is Gogia Capital Services 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. Gogia Capital Services's Revenue for the three months ended in Mar. 2024 was ₹17.71 Mil. Gogia Capital Services's average Accounts Receivable for the three months ended in Mar. 2024 was ₹87.58 Mil. Hence, Gogia Capital Services's Receivables Turnover for the three months ended in Mar. 2024 was 0.20.


Gogia Capital Services Receivables Turnover Historical Data

The historical data trend for Gogia Capital Services'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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Gogia Capital Services Receivables Turnover Chart

Gogia Capital Services 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 15.13 23.86 9.82 0.07 -

Gogia Capital Services 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 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 0.04 0.14 0.03 - 0.20

Competitive Comparison of Gogia Capital Services's Receivables Turnover

For the Capital Markets subindustry, Gogia Capital Services'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.


Gogia Capital Services's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gogia Capital Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gogia Capital Services's Receivables Turnover falls into.



Gogia Capital Services Receivables Turnover Calculation

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

Gogia Capital Services'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 )
=-202.075 / ((515.06 + 87.58) / 2 )
=-202.075 / 301.32
=N/A

Gogia Capital Services'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 )
=17.708 / ((0 + 87.58) / 1 )
=17.708 / 87.58
=0.20

* 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.


Gogia Capital Services  (BOM:531600) 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.


Gogia Capital Services Receivables Turnover Related Terms

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Gogia Capital Services (BOM:531600) Business Description

Traded in Other Exchanges
N/A
Address
Olof Palme Marg, Munirka, The Capital Court, 6th Floor, New Delhi, IND, 110067
Gogia Capital Services Ltd provides financial services. It is engaged in providing Stock and Commodity Broking Services to corporates and Individuals. The company offers various services such as equity trading, currency trading, commodity trading, derivatives, intraday trading, and mutual funds. It earns revenue from providing stock and commodity broking services, Dividend Received, Depository Services, Profit from trading of shares/derivative; majority being broking services.

Gogia Capital Services (BOM:531600) Headlines

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