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Newtime Infrastructure (BOM:531959) Receivables Turnover : 0.63 (As of Mar. 2024)


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What is Newtime Infrastructure 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. Newtime Infrastructure's Revenue for the three months ended in Mar. 2024 was ₹32.32 Mil. Newtime Infrastructure's average Accounts Receivable for the three months ended in Mar. 2024 was ₹51.43 Mil. Hence, Newtime Infrastructure's Receivables Turnover for the three months ended in Mar. 2024 was 0.63.


Newtime Infrastructure Receivables Turnover Historical Data

The historical data trend for Newtime Infrastructure'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.

* Premium members only.

Newtime Infrastructure Receivables Turnover Chart

Newtime Infrastructure Annual Data
Trend Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 - - 4.44 2.28

Newtime Infrastructure 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 0.36 0.44 0.48 0.66 0.63

Competitive Comparison of Newtime Infrastructure's Receivables Turnover

For the Real Estate Services subindustry, Newtime Infrastructure'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.


Newtime Infrastructure's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Newtime Infrastructure's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Newtime Infrastructure's Receivables Turnover falls into.



Newtime Infrastructure Receivables Turnover Calculation

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

Newtime Infrastructure'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 )
=74.194 / ((13.758 + 51.427) / 2 )
=74.194 / 32.5925
=2.28

Newtime Infrastructure'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 )
=32.319 / ((0 + 51.427) / 1 )
=32.319 / 51.427
=0.63

* 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.


Newtime Infrastructure  (BOM:531959) 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.


Newtime Infrastructure Receivables Turnover Related Terms

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Newtime Infrastructure (BOM:531959) Business Description

Traded in Other Exchanges
N/A
Address
75 MTR. Road, Lotus Green City, Daruhera, Sector 23 & 24 Bhiwadi, Alwar Bypass, Rewari, HR, IND, 123401
Newtime Infrastructure Ltd is a real estate development company. The company's operations encompass various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing, and execution.

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