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Tokyo Finance (BOM:531644) Receivables Turnover : 0.00 (As of Mar. 2024)


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What is Tokyo 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. Tokyo Finance's Revenue for the three months ended in Mar. 2024 was ₹1.90 Mil. Tokyo Finance's average Accounts Receivable for the three months ended in Mar. 2024 was ₹0.00 Mil.


Tokyo Finance Receivables Turnover Historical Data

The historical data trend for Tokyo 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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Tokyo Finance Receivables Turnover Chart

Tokyo Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
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Tokyo Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tokyo Finance's Receivables Turnover

For the Credit Services subindustry, Tokyo 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.


Tokyo Finance's Receivables Turnover Distribution in the Credit Services Industry

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

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



Tokyo Finance Receivables Turnover Calculation

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

Tokyo 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 )
=7.796 / ((0 + 0) / 1 )
=7.796 / 0
=N/A

Tokyo 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 )
=1.902 / ((0 + 0) / 1 )
=1.902 / 0
=N/A

* 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.


Tokyo Finance  (BOM:531644) 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.


Tokyo Finance Receivables Turnover Related Terms

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Tokyo Finance (BOM:531644) Business Description

Traded in Other Exchanges
N/A
Address
Kachigam Road, Plot No. 363/1(1,2,3), Shree Ganesh Industrial Estate, Daman and Diu, Daman, IND, 396 210
Tokyo Finance Ltd is a non-banking financial company (NBFC). The company has finance as its only primary reportable segment. It generates revenue from interest on loans.

Tokyo Finance (BOM:531644) Headlines

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