Arkade Developers (BOM:544261) Receivables Turnover : 11.07 (As of Dec. 2024)

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What is Arkade Developers 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. Arkade Developers's Revenue for the three months ended in Dec. 2024 was ₹2,246 Mil. Arkade Developers's average Accounts Receivable for the three months ended in Dec. 2024 was ₹203 Mil. Hence, Arkade Developers's Receivables Turnover for the three months ended in Dec. 2024 was 11.07.

Arkade Developers Receivables Turnover Historical Data

The historical data trend for Arkade Developers'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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Arkade Developers Receivables Turnover Chart

Arkade Developers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

7.16

24.96

48.89

107.74

Arkade Developers Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial			33.84	-	15.19	14.22	11.07

Competitive Comparison of Arkade Developers's Receivables Turnover

For the Real Estate - Development subindustry, Arkade Developers'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.

Arkade Developers's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arkade Developers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Arkade Developers's Receivables Turnover falls into.

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Arkade Developers Receivables Turnover Calculation

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

Arkade Developers'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 )
=	6344.44	/ (	(37.05	+	80.72)	/	2 )
=	6344.44	/	58.885
=	107.74

Arkade Developers's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	2246.226	/ (	(202.848	+	0)	/	1 )
=	2246.226	/	202.848
=	11.07

Arkade Developers (BOM:544261) 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.

Arkade Developers Receivables Turnover Related Terms

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Arkade Developers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkade Developers Ltd (BOM:544261) » Definitions » Receivables Turnover

Traded in Other Exchanges

ARKADE:India

Address

A S Marg, Ashok Nagar, Arkade House, Opposite Bhoomi Arkade, Near Children’s Academy, Kandivali (East), Mumbai, MH, IND, 400101

Website

https://www.arkade.in

Arkade Developers Ltd is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra. The company's business can be divided into two segments namely Development/construction of residential buildings on land acquired by the company (new projects); and Redevelopment of existing buildings (Redevelopment Projects). The company is involved in the development of new projects and the redevelopment of existing buildings.

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