GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RSD Finance Ltd (BOM:539875) » Definitions » Receivables Turnover

RSD Finance (BOM:539875) Receivables Turnover : 13.08 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is RSD 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. RSD Finance's Revenue for the three months ended in Mar. 2024 was ₹329 Mil. RSD Finance's average Accounts Receivable for the three months ended in Mar. 2024 was ₹25 Mil. Hence, RSD Finance's Receivables Turnover for the three months ended in Mar. 2024 was 13.08.


RSD Finance Receivables Turnover Historical Data

The historical data trend for RSD 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.

* Premium members only.

RSD Finance Receivables Turnover Chart

RSD 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 23.72 18.59 36.96 25.83 31.03

RSD Finance 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 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 5.53 5.80 12.69 18.67 13.08

Competitive Comparison of RSD Finance's Receivables Turnover

For the Asset Management subindustry, RSD 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.


RSD Finance's Receivables Turnover Distribution in the Asset Management Industry

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

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



RSD Finance Receivables Turnover Calculation

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

RSD 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 )
=1045.623 / ((42.2 + 25.189) / 2 )
=1045.623 / 33.6945
=31.03

RSD Finance'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 )
=329.448 / ((0 + 25.189) / 1 )
=329.448 / 25.189
=13.08

* 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.


RSD Finance  (BOM:539875) 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.


RSD Finance Receivables Turnover Related Terms

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


RSD Finance (BOM:539875) Business Description

Traded in Other Exchanges
N/A
Address
Ramdas Bhatta, Bistupur, Holding No - 4, The Alcor Hotel, Purbi Singhbhum, Jamshedpur, JH, IND, 831001
RSD Finance Ltd is an India-based company non-banking financial company that invests in the capital market as well as in the money market. The company also provides Job Work services. It operates only in India. The segments of the group are the Investment & Finance segment and Job Work segment, of which key revenue is derived from the Investment & Finance segment.

RSD Finance (BOM:539875) Headlines

No Headlines