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Tal Lanka Hotels (COL:TAJ.N0000) Receivables Turnover : 3.88 (As of Mar. 2025)


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What is Tal Lanka 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. Tal Lanka Hotels's Revenue for the three months ended in Mar. 2025 was රු865 Mil. Tal Lanka Hotels's average Accounts Receivable for the three months ended in Mar. 2025 was රු223 Mil. Hence, Tal Lanka Hotels's Receivables Turnover for the three months ended in Mar. 2025 was 3.88.


Tal Lanka Hotels Receivables Turnover Historical Data

The historical data trend for Tal Lanka 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.

* Premium members only.

Tal Lanka Hotels Receivables Turnover Chart

Tal Lanka Hotels Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.46 15.18 13.58 14.44 16.02

Tal Lanka Hotels Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.82 2.66 3.13 3.49 3.88

Competitive Comparison of Tal Lanka Hotels's Receivables Turnover

For the Lodging subindustry, Tal Lanka 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.


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

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

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


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Tal Lanka Hotels Receivables Turnover Calculation

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

Tal Lanka Hotels's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=3472.131 / ((298.076 + 135.278) / 2 )
=3472.131 / 216.677
=16.02

Tal Lanka Hotels's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=865.005 / ((310.246 + 135.278) / 2 )
=865.005 / 222.762
=3.88

* 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.


Tal Lanka Hotels  (COL:TAJ.N0000) 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.


Tal Lanka Hotels Receivables Turnover Related Terms

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Tal Lanka Hotels Business Description

Traded in Other Exchanges
N/A
Address
25, Galle Face Centre Road, Colombo, LKA, 03
Tal Lanka Hotels PLC is engaged in the hospitality trade business. The company owns the Taj Samudra Hotel in Colombo and also manages the operations of the Airport Garden Hotel Limited, Colombo, from which it earns Management Fees. The company operates its business only across Sri Lanka.

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