Info Edge (India) (BOM:532777) Receivables Turnover : 46.96 (As of Dec. 2023)

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What is Info Edge (India) 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. Info Edge (India)'s Revenue for the three months ended in Dec. 2023 was ₹6,271 Mil. Info Edge (India)'s average Accounts Receivable for the three months ended in Dec. 2023 was ₹134 Mil. Hence, Info Edge (India)'s Receivables Turnover for the three months ended in Dec. 2023 was 46.96.

Info Edge (India) Receivables Turnover Historical Data

The historical data trend for Info Edge (India)'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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Info Edge (India) Receivables Turnover Chart

Info Edge (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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183.18

165.41

145.65

87.33

110.04

Info Edge (India) 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															5.88	47.93	49.60	46.87	46.96

Competitive Comparison of Info Edge (India)'s Receivables Turnover

For the Internet Content & Information subindustry, Info Edge (India)'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.

Info Edge (India)'s Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Info Edge (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Info Edge (India)'s Receivables Turnover falls into.

Info Edge (India) Receivables Turnover Calculation

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

Info Edge (India)'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 )
=	23456.91	/ (	(300.16	+	126.19)	/	2 )
=	23456.91	/	213.175
=	110.04

Info Edge (India)'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 )
=	6271.23	/ (	(133.53	+	0)	/	1 )
=	6271.23	/	133.53
=	46.96

Info Edge (India) (BOM:532777) 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.

Info Edge (India) Receivables Turnover Related Terms

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Info Edge (India) (BOM:532777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Info Edge (India) Ltd (BOM:532777) » Definitions » Receivables Turnover

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NAUKRI:India

Address

B - 8, Sector - 132, Noida, UP, IND, 201304

Website

https://www.infoedge.in

Info Edge (India) Ltd is a technology company engaged in offering online services in areas like recruitment, matrimony, real estate, and education. The business segments of the company are Recruitment solutions, 99acres for real State, and Others. The Recruitment Solutions business comprises the www.naukri.com, www.quadrangle.com, www.naukrigulf.com, www.firstnaukri.com, and fast forward candidate services. 99acres.com derives its revenues from property listings, builders' and brokers' branding and visibility through microsites, home page links and banners servicing real estate developers, builders and brokers. It derives key revenue from the Recruitment solutions segment. The company sells its services to the customers located in India internationally.

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