Indo-City Infotech (BOM:532100) Receivables Turnover : 3.87 (As of Mar. 2024)

Indo-City Infotech Receivables Turnover Chart

Indo-City Infotech Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover		Get a 7-Day Free Trial					7.73	11.12	49.75	97.38	53.15

Indo-City Infotech 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															53.61	64.50	4.35	4.75	3.87

Competitive Comparison of Indo-City Infotech's Receivables Turnover

For the Capital Markets subindustry, Indo-City Infotech'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.

Indo-City Infotech's Receivables Turnover Distribution in the Capital Markets Industry

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

* The bar in red indicates where Indo-City Infotech's Receivables Turnover falls into.

Indo-City Infotech Receivables Turnover Calculation

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

Indo-City Infotech's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Indo-City Infotech's Receivables Turnover for the quarter that ended in Mar. 2024 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.

Indo-City Infotech  (BOM:532100) 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.

Indo-City Infotech Receivables Turnover Related Terms

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Indo-City Infotech (BOM:532100) Business Description