Indian Railway Finance (BOM:543257) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Indian Railway 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. Indian Railway Finance's Revenue for the three months ended in Dec. 2023 was ₹67,419 Mil. Indian Railway Finance's average Accounts Receivable for the three months ended in Dec. 2023 was ₹0 Mil.

Indian Railway Finance Receivables Turnover Historical Data

The historical data trend for Indian Railway 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.

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Indian Railway Finance Receivables Turnover Chart

Indian Railway Finance Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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Indian Railway Finance Quarterly Data
	Mar18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Competitive Comparison of Indian Railway Finance's Receivables Turnover

For the Credit Services subindustry, Indian Railway 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.

Indian Railway Finance's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Railway Finance's Receivables Turnover distribution charts can be found below:

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

Indian Railway Finance Receivables Turnover Calculation

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

Indian Railway Finance's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	238205.55	/ (	(0	+	0)	/	1 )
=	238205.55	/	0
=	N/A

Indian Railway Finance's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	67418.63	/ (	(0	+	0)	/	1 )
=	67418.63	/	0
=	N/A

Indian Railway Finance (BOM:543257) 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.

Indian Railway Finance Receivables Turnover Related Terms

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Indian Railway Finance (BOM:543257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Railway Finance Corp Ltd (BOM:543257) » Definitions » Receivables Turnover

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IRFC:India

Address

Bhisham Pitamah Marg, Lodhi Road, UG Floor, East Tower, NBCC Place, Pragati Vihar, New Delhi, IND, 110003

Website

https://irfc.co.in

Indian Railway Finance Corp Ltd is engaged in the business of borrowing funds from the financial markets to finance the acquisition/creation of assets which are then leased out to the Indian Railways or any entity under the Ministry of Railways. Its only operating segment being Leasing and Finance. The company generates maximum revenue from Lease Income.

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