eClerx Services (BOM:532927) Receivables Turnover : 1.55 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is eClerx Services 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. eClerx Services's Revenue for the three months ended in Mar. 2024 was ₹7,665 Mil. eClerx Services's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,960 Mil. Hence, eClerx Services's Receivables Turnover for the three months ended in Mar. 2024 was 1.55.

eClerx Services Receivables Turnover Historical Data

The historical data trend for eClerx Services'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.

eClerx Services Receivables Turnover Chart

eClerx Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

5.98

5.89

6.94

6.88

6.25

eClerx Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.57	1.55	1.81	1.89	1.55

Competitive Comparison of eClerx Services's Receivables Turnover

For the Information Technology Services subindustry, eClerx Services'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.

eClerx Services's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, eClerx Services's Receivables Turnover distribution charts can be found below:

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

eClerx Services Receivables Turnover Calculation

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

eClerx Services'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 )
=	29255.43	/ (	(4404.87	+	4959.99)	/	2 )
=	29255.43	/	4682.43
=	6.25

eClerx Services's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	7665.29	/ (	(0	+	4959.99)	/	1 )
=	7665.29	/	4959.99
=	1.55

eClerx Services (BOM:532927) 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.

eClerx Services Receivables Turnover Related Terms

Thank you for viewing the detailed overview of eClerx Services's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

eClerx Services (BOM:532927) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » eClerx Services Ltd (BOM:532927) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ECLERX:India

Address

Nariman Point, 4th Floor, Express Towers, Mumbai, MH, IND, 400 021

Website

https://www.eclerx.com

eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, digital branding services that include multi-channel media content management, and cable and telecom services. The company organizes itself into four segments based on geography: United States, United Kingdom, Europe, and Asia-Pacific. The majority of revenue comes from the United States.

eClerx Services (BOM:532927) Headlines

No Headlines