Aditya Birla Sun Life AMC (BOM:543374) Receivables Turnover : 7.45 (As of Sep. 2024)

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What is Aditya Birla Sun Life AMC 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. Aditya Birla Sun Life AMC's Revenue for the three months ended in Sep. 2024 was ₹4,242 Mil. Aditya Birla Sun Life AMC's average Accounts Receivable for the three months ended in Sep. 2024 was ₹569 Mil. Hence, Aditya Birla Sun Life AMC's Receivables Turnover for the three months ended in Sep. 2024 was 7.45.

Aditya Birla Sun Life AMC Receivables Turnover Historical Data

The historical data trend for Aditya Birla Sun Life AMC'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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Aditya Birla Sun Life AMC Receivables Turnover Chart

Aditya Birla Sun Life AMC Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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35.07

29.91

45.28

48.40

41.47

Aditya Birla Sun Life AMC Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial														9.96	10.15	8.98	9.49	7.45

Competitive Comparison of Aditya Birla Sun Life AMC's Receivables Turnover

For the Asset Management subindustry, Aditya Birla Sun Life AMC'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.

Aditya Birla Sun Life AMC's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aditya Birla Sun Life AMC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aditya Birla Sun Life AMC's Receivables Turnover falls into.

Aditya Birla Sun Life AMC Receivables Turnover Calculation

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

Aditya Birla Sun Life AMC'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 )
=	13531.9	/ (	(245.3	+	407.3)	/	2 )
=	13531.9	/	326.3
=	41.47

Aditya Birla Sun Life AMC's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	4242.1	/ (	(0	+	569.3)	/	1 )
=	4242.1	/	569.3
=	7.45

Aditya Birla Sun Life AMC (BOM:543374) 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.

Aditya Birla Sun Life AMC Receivables Turnover Related Terms

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Aditya Birla Sun Life AMC Business Description

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ABSLAMC:India

Address

Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400013

Website

https://mutualfund.adityabirlacapital.com

Aditya Birla Sun Life AMC Ltd principally acts as an investment manager to Aditya Birla Sun Life Mutual Fund and Aditya Birla Real Estate Funds (Category II). It also provides Portfolio Management Services (PMS) and investment advisory services to offshore funds and high-net-worth investors. Geographically, the company derives its key revenue within India and the rest from outside India.

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