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Escorp Asset Management (BOM:540455) Receivables Turnover : 69.29 (As of Mar. 2024)


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What is Escorp Asset Management 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. Escorp Asset Management's Revenue for the six months ended in Mar. 2024 was ₹25.0 Mil. Escorp Asset Management's average Accounts Receivable for the six months ended in Mar. 2024 was ₹0.4 Mil. Hence, Escorp Asset Management's Receivables Turnover for the six months ended in Mar. 2024 was 69.29.


Escorp Asset Management Receivables Turnover Historical Data

The historical data trend for Escorp Asset Management'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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Escorp Asset Management Receivables Turnover Chart

Escorp Asset Management 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 2.05 2.13 210.24 31.78 257.81

Escorp Asset Management Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 10.48 38.78 344.80 69.29

Competitive Comparison of Escorp Asset Management's Receivables Turnover

For the Asset Management subindustry, Escorp Asset Management'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.


Escorp Asset Management's Receivables Turnover Distribution in the Asset Management Industry

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

* The bar in red indicates where Escorp Asset Management's Receivables Turnover falls into.



Escorp Asset Management Receivables Turnover Calculation

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

Escorp Asset Management'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 )
=191.554 / ((0.865 + 0.621) / 2 )
=191.554 / 0.743
=257.81

Escorp Asset Management'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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=25.015 / ((0.101 + 0.621) / 2 )
=25.015 / 0.361
=69.29

* 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.


Escorp Asset Management  (BOM:540455) 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.


Escorp Asset Management Receivables Turnover Related Terms

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Escorp Asset Management (BOM:540455) Business Description

Traded in Other Exchanges
N/A
Address
Dalal Street, 718- A, P.J. Towers, Fort, Mumbai, MH, IND, 400001
Escorp Asset Management Ltd is an Indian-based company that provides financial services. The company offers Portfolio Management Services (Non - Institutional), Personal Finance Advisory, and dealing with Synergical investments. It generates its majority revenue from investment and dividend income.

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