Xelpmoc Design and Tech (BOM:542367) Receivables Turnover : 0.58 (As of Dec. 2024)

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What is Xelpmoc Design and Tech 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. Xelpmoc Design and Tech's Revenue for the three months ended in Dec. 2024 was ₹8.29 Mil. Xelpmoc Design and Tech's average Accounts Receivable for the three months ended in Dec. 2024 was ₹14.34 Mil. Hence, Xelpmoc Design and Tech's Receivables Turnover for the three months ended in Dec. 2024 was 0.58.

Xelpmoc Design and Tech Receivables Turnover Historical Data

The historical data trend for Xelpmoc Design and Tech'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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Xelpmoc Design and Tech Receivables Turnover Chart

Xelpmoc Design and Tech Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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8.33

7.15

3.44

5.18

2.58

Xelpmoc Design and Tech 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															0.35	0.85	0.68	1.14	0.58

Competitive Comparison of Xelpmoc Design and Tech's Receivables Turnover

For the Information Technology Services subindustry, Xelpmoc Design and Tech'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.

Xelpmoc Design and Tech's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Xelpmoc Design and Tech's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Xelpmoc Design and Tech's Receivables Turnover falls into.

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Xelpmoc Design and Tech Receivables Turnover Calculation

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

Xelpmoc Design and Tech'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 )
=	64.7	/ (	(39.409	+	10.762)	/	2 )
=	64.7	/	25.0855
=	2.58

Xelpmoc Design and Tech'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 )
=	8.294	/ (	(14.337	+	0)	/	1 )
=	8.294	/	14.337
=	0.58

Xelpmoc Design and Tech (BOM:542367) 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.

Xelpmoc Design and Tech Receivables Turnover Related Terms

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Xelpmoc Design and Tech Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Xelpmoc Design and Tech Ltd (BOM:542367) » Definitions » Receivables Turnover

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XELPMOC:India

Address

Raheja Mindspace, Building No. 4, 8th Floor, HITEC City, Bengaluru, KA, IND, 500081

Website

https://www.xelpmoc.in

Xelpmoc Design and Tech Ltd offers professional and technical consulting services, including technology solutions for both public and private sector clients. The company's clientele spans e-commerce, hospitality, healthcare, education, agriculture, and various other industries. The company offers mobile and web application development, prototype development, thematic product development, and data analytics. All of the company's revenue comes from software development services. While the majority of its revenue is derived from India, it also generates revenue from clients outside of India.

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