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Transwarranty Finance (BOM:532812) Receivables Turnover : 0.38 (As of Dec. 2024)


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What is Transwarranty 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. Transwarranty Finance's Revenue for the three months ended in Dec. 2024 was ₹35.3 Mil. Transwarranty Finance's average Accounts Receivable for the three months ended in Dec. 2024 was ₹93.6 Mil. Hence, Transwarranty Finance's Receivables Turnover for the three months ended in Dec. 2024 was 0.38.


Transwarranty Finance Receivables Turnover Historical Data

The historical data trend for Transwarranty 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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Transwarranty Finance Receivables Turnover Chart

Transwarranty Finance 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 0.66 2.42 2.24 1.01 1.46

Transwarranty Finance 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 0.48 0.68 1.26 0.41 0.38

Competitive Comparison of Transwarranty Finance's Receivables Turnover

For the Mortgage Finance subindustry, Transwarranty 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.


Transwarranty Finance's Receivables Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Transwarranty Finance's Receivables Turnover distribution charts can be found below:

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


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Transwarranty Finance Receivables Turnover Calculation

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

Transwarranty Finance'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 )
=111.47 / ((121.249 + 31.846) / 2 )
=111.47 / 76.5475
=1.46

Transwarranty Finance'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 )
=35.33 / ((93.647 + 0) / 1 )
=35.33 / 93.647
=0.38

* 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.


Transwarranty Finance  (BOM:532812) 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.


Transwarranty Finance Receivables Turnover Related Terms

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Transwarranty Finance Business Description

Traded in Other Exchanges
Address
No. 403, Regent Chambers, Nariman Point, Mumbai, MH, IND, 400021
Transwarranty Finance Ltd is engaged in providing financial services. It is engaged in advisory services like investment banking, corporate finance, project finance, trade finance, and providing business and retail loans against collateral security of immovable property, liquid assets like shares, other financial assets, gold jewelry, and others. Geographically, the company operates only in the Indian market.

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