Archies (BOM:532212) Receivables Turnover : 1.79 (As of Dec. 2024)

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What is Archies 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. Archies's Revenue for the three months ended in Dec. 2024 was ₹175.3 Mil. Archies's average Accounts Receivable for the three months ended in Dec. 2024 was ₹98.1 Mil. Hence, Archies's Receivables Turnover for the three months ended in Dec. 2024 was 1.79.

Archies Receivables Turnover Historical Data

The historical data trend for Archies'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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Archies Receivables Turnover Chart

Archies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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7.75

4.13

7.70

9.22

9.37

Archies 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															1.89	2.71	1.65	2.03	1.79

Competitive Comparison of Archies's Receivables Turnover

For the Specialty Retail subindustry, Archies'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.

Archies's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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

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Archies Receivables Turnover Calculation

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

Archies'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 )
=	788.178	/ (	(88.467	+	79.796)	/	2 )
=	788.178	/	84.1315
=	9.37

Archies'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 )
=	175.347	/ (	(98.051	+	0)	/	1 )
=	175.347	/	98.051
=	1.79

Archies (BOM:532212) 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.

Archies Receivables Turnover Related Terms

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Archies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Archies Ltd (BOM:532212) » Definitions » Receivables Turnover

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ARCHIES:India

Address

IMT Manesar, Sector-4, Plot No. 191- F, Gurugram, HR, IND, 122050

Website

https://www.archiesonline.com

Archies Ltd is engaged in Printing and Service activities related to printing, retail sale of other goods in stores, and Retail sale of cultural and recreation goods in specialized stores. The business activity of the group is operated in Greeting Cards, Stationery and Paper bags, Gifts, and other segments. The company offers a range of gift items, such as stationery essentials, jewelry, toys, and accessories. It also provides kids' products, including recordable storybooks, kid's decor, school stuff, dolls, and baby albums. The company offers home decor products, desk accessories, and photo frames. The company offers its products under the brand name, 'Archies'. Geographically it operates the business across India.

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