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Brijlaxmi Leasing & Finance (BOM:532113) Receivables Turnover : 12.96 (As of Dec. 2023)


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What is Brijlaxmi Leasing & 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. Brijlaxmi Leasing & Finance's Revenue for the three months ended in Dec. 2023 was ₹9.32 Mil. Brijlaxmi Leasing & Finance's average Accounts Receivable for the three months ended in Dec. 2023 was ₹0.72 Mil. Hence, Brijlaxmi Leasing & Finance's Receivables Turnover for the three months ended in Dec. 2023 was 12.96.


Brijlaxmi Leasing & Finance Receivables Turnover Historical Data

The historical data trend for Brijlaxmi Leasing & 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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Brijlaxmi Leasing & Finance Receivables Turnover Chart

Brijlaxmi Leasing & Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
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Brijlaxmi Leasing & Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 138.02 - - 14.05 12.96

Competitive Comparison of Brijlaxmi Leasing & Finance's Receivables Turnover

For the Capital Markets subindustry, Brijlaxmi Leasing & 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.


Brijlaxmi Leasing & Finance's Receivables Turnover Distribution in the Capital Markets Industry

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

* The bar in red indicates where Brijlaxmi Leasing & Finance's Receivables Turnover falls into.



Brijlaxmi Leasing & Finance Receivables Turnover Calculation

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

Brijlaxmi Leasing & Finance's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=18.726 / ((0 + 0) / 1 )
=18.726 / 0
=N/A

Brijlaxmi Leasing & Finance's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=9.315 / ((0.719 + 0) / 1 )
=9.315 / 0.719
=12.96

* 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.


Brijlaxmi Leasing & Finance  (BOM:532113) 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.


Brijlaxmi Leasing & Finance Receivables Turnover Related Terms

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Brijlaxmi Leasing & Finance (BOM:532113) Business Description

Traded in Other Exchanges
N/A
Address
Near Jetalpur Road, 24, Suwernapuri Society, Chikuwadi, Alkapuri, Vadodara, GJ, IND, 390007
Brijlaxmi Leasing & Finance Ltd is a non-banking financial company and is engaged in the business of finance and Investments. The activities of the company include financing, investing in shares and other securities, Commodities and other related activities of capital market. The Company operates in the financial Service segment.

Brijlaxmi Leasing & Finance (BOM:532113) Headlines

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