Robust Hotels (BOM:543901) Receivables Turnover : 4.02 (As of Dec. 2023)

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What is Robust Hotels 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. Robust Hotels's Revenue for the three months ended in Dec. 2023 was ₹315.7 Mil. Robust Hotels's average Accounts Receivable for the three months ended in Dec. 2023 was ₹78.5 Mil. Hence, Robust Hotels's Receivables Turnover for the three months ended in Dec. 2023 was 4.02.

Robust Hotels Receivables Turnover Historical Data

The historical data trend for Robust Hotels'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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Robust Hotels Receivables Turnover Chart

Robust Hotels Annual Data

Trend

Mar21

Mar22

Receivables Turnover

4.18

6.77

Robust Hotels Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			4.47	3.58	3.22	3.52	4.02

Competitive Comparison of Robust Hotels's Receivables Turnover

For the Lodging subindustry, Robust Hotels'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.

Robust Hotels's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Robust Hotels's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Robust Hotels's Receivables Turnover falls into.

Robust Hotels Receivables Turnover Calculation

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

Robust Hotels's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Receivables Turnover (A: Mar. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2022 )	/ (	(Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )
=	405.059	/ (	(59.691	+	59.938)	/	2 )
=	405.059	/	59.8145
=	6.77

Robust Hotels'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 )
=	315.651	/ (	(78.453	+	0)	/	1 )
=	315.651	/	78.453
=	4.02

Robust Hotels (BOM:543901) 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.

Robust Hotels Receivables Turnover Related Terms

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Robust Hotels (BOM:543901) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Robust Hotels Ltd (BOM:543901) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

RHL:India

Address

365, Anna Salai, Teynampet, Chennai, TN, IND, 600018

Website

https://www.robusthotels.in

Robust Hotels Ltd operates hotels in Chennai. The company operates the Hyatt Regency hotel in Chennai.

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