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Ashika Credit Capital (BOM:543766) Receivables Turnover : 0.00 (As of Sep. 2024)


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What is Ashika Credit Capital 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. Ashika Credit Capital's Revenue for the three months ended in Sep. 2024 was ₹5.6 Mil. Ashika Credit Capital's average Accounts Receivable for the three months ended in Sep. 2024 was ₹0.0 Mil.


Ashika Credit Capital Receivables Turnover Historical Data

The historical data trend for Ashika Credit Capital'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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Ashika Credit Capital Receivables Turnover Chart

Ashika Credit Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
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Ashika Credit Capital Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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Competitive Comparison of Ashika Credit Capital's Receivables Turnover

For the Credit Services subindustry, Ashika Credit Capital'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.


Ashika Credit Capital's Receivables Turnover Distribution in the Credit Services Industry

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

* The bar in red indicates where Ashika Credit Capital's Receivables Turnover falls into.



Ashika Credit Capital Receivables Turnover Calculation

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

Ashika Credit Capital'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 )
=159.687 / ((0 + 0) / 1 )
=159.687 / 0
=N/A

Ashika Credit Capital'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 )
=5.646 / ((0 + 0) / 1 )
=5.646 / 0
=N/A

* 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.


Ashika Credit Capital  (BOM:543766) 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.


Ashika Credit Capital Receivables Turnover Related Terms

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Ashika Credit Capital Business Description

Traded in Other Exchanges
N/A
Address
214, Nariman Point, 10th Floor, 1008, Raheja Centre, Mumbai, MH, IND, 400021
Ashika Credit Capital Ltd is a non-deposit-taking non-banking financial institution actively engaged in fund-based activities in India including providing loans and advances, inter-corporate deposits, restructuring finance, loans against securities, and investments in shares and securities. It provides services to individuals, corporations, and financial institutions. The company is predominantly engaged in a single reportable segment of Financial Services.

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