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Embassy Office Parks REIT (BOM:542602) Receivables Turnover : 25.03 (As of Mar. 2024)


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What is Embassy Office Parks REIT 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. Embassy Office Parks REIT's Revenue for the three months ended in Mar. 2024 was ₹9,411 Mil. Embassy Office Parks REIT's average Accounts Receivable for the three months ended in Mar. 2024 was ₹376 Mil. Hence, Embassy Office Parks REIT's Receivables Turnover for the three months ended in Mar. 2024 was 25.03.


Embassy Office Parks REIT Receivables Turnover Historical Data

The historical data trend for Embassy Office Parks REIT'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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Embassy Office Parks REIT Receivables Turnover Chart

Embassy Office Parks REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 73.27 63.89 53.55 60.22 85.39

Embassy Office Parks REIT 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 16.84 11.85 10.57 17.87 25.03

Competitive Comparison of Embassy Office Parks REIT's Receivables Turnover

For the REIT - Office subindustry, Embassy Office Parks REIT'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.


Embassy Office Parks REIT's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Embassy Office Parks REIT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Embassy Office Parks REIT's Receivables Turnover falls into.



Embassy Office Parks REIT Receivables Turnover Calculation

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

Embassy Office Parks REIT'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 )
=36359.32 / ((503.96 + 347.65) / 2 )
=36359.32 / 425.805
=85.39

Embassy Office Parks REIT'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 )
=9410.81 / ((404.35 + 347.65) / 2 )
=9410.81 / 376
=25.03

* 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.


Embassy Office Parks REIT  (BOM:542602) 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.


Embassy Office Parks REIT Receivables Turnover Related Terms

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Embassy Office Parks REIT (BOM:542602) Business Description

Traded in Other Exchanges
Address
Royal Oaks, Off Intermediate Ring Road, Embassy Golf Links Business Park, Bangalore, KA, IND, 560 071
Embassy Office Parks REIT is involved in real estate activities including renting, buying, selling, and operating of leased or self-owned real estate properties. The group's portfolio comprises best-in-class office parks and prime city-center office buildings. Geographically, the activities are carried out through India.

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