Aarvi Encon (NSE:AARVI) Receivables Turnover : 1.38 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Aarvi Encon 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. Aarvi Encon's Revenue for the three months ended in Mar. 2024 was ₹1,031 Mil. Aarvi Encon's average Accounts Receivable for the three months ended in Mar. 2024 was ₹750 Mil. Hence, Aarvi Encon's Receivables Turnover for the three months ended in Mar. 2024 was 1.38.

Aarvi Encon Receivables Turnover Historical Data

The historical data trend for Aarvi Encon'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.

Aarvi Encon Receivables Turnover Chart

Aarvi Encon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

4.08

3.59

4.22

4.96

4.56

Aarvi Encon Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.12	1.25	1.57	1.52	1.38

Competitive Comparison of Aarvi Encon's Receivables Turnover

For the Staffing & Employment Services subindustry, Aarvi Encon'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.

Aarvi Encon's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aarvi Encon's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aarvi Encon's Receivables Turnover falls into.

Aarvi Encon Receivables Turnover Calculation

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

Aarvi Encon'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 )
=	4061.466	/ (	(950.264	+	829.716)	/	2 )
=	4061.466	/	889.99
=	4.56

Aarvi Encon's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	1031.067	/ (	(670.002	+	829.716)	/	2 )
=	1031.067	/	749.859
=	1.38

Aarvi Encon (NSE:AARVI) 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.

Aarvi Encon Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Aarvi Encon's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Aarvi Encon (NSE:AARVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aarvi Encon Ltd (NSE:AARVI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

G.K. Road, Marathon Innova, B1 Wing, 603, Marathon NextGen Complex, Opposite Peninsula Corporate Park, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.aarviencon.com

Aarvi Encon Ltd is a technical manpower outsourcing company providing Staffing solutions to companies in different sectors. Its services include Information Technology Staffing, Manpower Outsourcing, Manpower Deputation, Project Management, Construction Supervision, and Inspection Services, among others. The company caters its services to industries such as Oil and Gas, Engineering, Metals and Minerals, Fertilizer, Telecom, Pipeline, Infrastructure, and others. Geographically, it generates the majority of the revenue from India.

Aarvi Encon (NSE:AARVI) Headlines

No Headlines