B-Right Realestate (BOM:543543) Receivables Turnover : 3.09 (As of Sep. 2024)

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What is B-Right Realestate 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. B-Right Realestate's Revenue for the six months ended in Sep. 2024 was ₹406.3 Mil. B-Right Realestate's average Accounts Receivable for the six months ended in Sep. 2024 was ₹131.4 Mil. Hence, B-Right Realestate's Receivables Turnover for the six months ended in Sep. 2024 was 3.09.

B-Right Realestate Receivables Turnover Historical Data

The historical data trend for B-Right Realestate'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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B-Right Realestate Receivables Turnover Chart

B-Right Realestate Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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21.06

18.81

68.72

860.91

B-Right Realestate Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial				5.29	1.96	-	-	3.09

Competitive Comparison of B-Right Realestate's Receivables Turnover

For the Real Estate - Development subindustry, B-Right Realestate'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.

B-Right Realestate's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, B-Right Realestate's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where B-Right Realestate's Receivables Turnover falls into.

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B-Right Realestate Receivables Turnover Calculation

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

B-Right Realestate'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 )
=	408.958	/ (	(0	+	0)	/	1 )
=	408.958	/	0
=	N/A

B-Right Realestate'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: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	406.274	/ (	(0	+	131.392)	/	1 )
=	406.274	/	131.392
=	3.09

B-Right Realestate (BOM:543543) 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.

B-Right Realestate Receivables Turnover Related Terms

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B-Right Realestate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » B-Right Realestate Ltd (BOM:543543) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Rani Sati Marg, Near Western Express Highway, 702, 7th Floor, Shah Trade Centre, Above SBI Bank, Malad East, Mumbai, MH, IND, 400097

Website

https://www.b-rightgroup.com

B-Right Realestate Ltd is an integrated construction and real estate development company, focused on the construction and development of residential and commercial projects, in and around Mumbai. Company projects include Parth Business Plaza, Jaliyan Heights, Parth Residency, and others. The company is operating in a single segment business of Real Estate Developments And Financial Intermediation Services.

B-Right Realestate Headlines

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