GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Smart Finsec Ltd (BOM:539494) » Definitions » Receivables Turnover

Smart Finsec (BOM:539494) Receivables Turnover : 6.49 (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Smart Finsec 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. Smart Finsec's Revenue for the three months ended in Dec. 2024 was ₹5.52 Mil. Smart Finsec's average Accounts Receivable for the three months ended in Dec. 2024 was ₹0.85 Mil. Hence, Smart Finsec's Receivables Turnover for the three months ended in Dec. 2024 was 6.49.


Smart Finsec Receivables Turnover Historical Data

The historical data trend for Smart Finsec'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.

Smart Finsec Receivables Turnover Chart

Smart Finsec 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 10.67 16.85 45.21 17.63 17.39

Smart Finsec 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 0.06 8.36 15.10 8.09 6.49

Competitive Comparison of Smart Finsec's Receivables Turnover

For the Capital Markets subindustry, Smart Finsec'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.


Smart Finsec's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Smart Finsec's Receivables Turnover distribution charts can be found below:

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


;
;

Smart Finsec Receivables Turnover Calculation

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

Smart Finsec'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 )
=244.925 / ((27.788 + 0.388) / 2 )
=244.925 / 14.088
=17.39

Smart Finsec'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 )
=5.516 / ((0.85 + 0) / 1 )
=5.516 / 0.85
=6.49

* 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.


Smart Finsec  (BOM:539494) 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.


Smart Finsec Receivables Turnover Related Terms

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


Smart Finsec Business Description

Traded in Other Exchanges
N/A
Address
F-88, West District Centre, Shivaji Enclave, Rajouri Garden, Opp. TDI Paragon Mall, New Delhi, IND, 110027
Smart Finsec Ltd is a Non-Banking Finance Company (NBFC). It is engaged in the business of investment, lending, and real estate segment in the Company. . The Company has two reportable primary segments, the Real Estate segment, and the NBFC activity segment. The company generates the majority of its revenue from the NBFC segment.

Smart Finsec Headlines

No Headlines