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Vaibhav Global (BOM:532156) Receivables Turnover : 3.21 (As of Dec. 2024)


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What is Vaibhav Global 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. Vaibhav Global's Revenue for the three months ended in Dec. 2024 was ₹9,773 Mil. Vaibhav Global's average Accounts Receivable for the three months ended in Dec. 2024 was ₹3,048 Mil. Hence, Vaibhav Global's Receivables Turnover for the three months ended in Dec. 2024 was 3.21.


Vaibhav Global Receivables Turnover Historical Data

The historical data trend for Vaibhav Global'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.

Vaibhav Global Receivables Turnover Chart

Vaibhav Global 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 15.72 16.81 13.76 11.35 10.92

Vaibhav Global Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.41 2.46 2.42 2.61 3.21

Competitive Comparison of Vaibhav Global's Receivables Turnover

For the Luxury Goods subindustry, Vaibhav Global'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.


Vaibhav Global's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vaibhav Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vaibhav Global's Receivables Turnover falls into.


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Vaibhav Global Receivables Turnover Calculation

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

Vaibhav Global'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 )
=30208.82 / ((2403.846 + 3128.479) / 2 )
=30208.82 / 2766.1625
=10.92

Vaibhav Global's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=9773.426 / ((3048.232 + 0) / 1 )
=9773.426 / 3048.232
=3.21

* 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.


Vaibhav Global  (BOM:532156) 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.


Vaibhav Global Receivables Turnover Related Terms

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Vaibhav Global Business Description

Traded in Other Exchanges
Address
E-69, EPIP, Sitapura, Jaipur, RJ, IND, 302022
Vaibhav Global Ltd is engaged in the manufacturing, selling, and exporting of fashion jewelry which includes coloured gemstones, precious stones, and studded jewelry. The company's geographical segments include the United States of America, the United Kingdom, India, Germany, and other countries. It generates a majority of its revenue from the United States of America. The company's only reportable segment is the manufacturing of fashion and lifestyle products.

Vaibhav Global Headlines

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