Affle 3i (NSE:AFFLE) Receivables Turnover : 1.73 (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Affle 3i 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. Affle 3i's Revenue for the three months ended in Dec. 2024 was ₹6,017 Mil. Affle 3i's average Accounts Receivable for the three months ended in Dec. 2024 was ₹3,483 Mil. Hence, Affle 3i's Receivables Turnover for the three months ended in Dec. 2024 was 1.73.

Affle 3i Receivables Turnover Historical Data

The historical data trend for Affle 3i'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.

Affle 3i Receivables Turnover Chart

Affle 3i Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

5.46

5.67

6.31

5.97

6.55

Affle 3i Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.80	1.59	1.64	1.56	1.73

Competitive Comparison of Affle 3i's Receivables Turnover

For the Advertising Agencies subindustry, Affle 3i'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.

Affle 3i's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Affle 3i's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Affle 3i's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Affle 3i Receivables Turnover Calculation

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

Affle 3i'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 )
=	18420.78	/ (	(2452.45	+	3173.64)	/	2 )
=	18420.78	/	2813.045
=	6.55

Affle 3i'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 )
=	6016.72	/ (	(3482.59	+	0)	/	1 )
=	6016.72	/	3482.59
=	1.73

Affle 3i (NSE:AFFLE) 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.

Affle 3i Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Affle 3i's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Affle 3i Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Affle 3i Ltd (NSE:AFFLE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

542752:India

Address

Unitech Commercial Tower - 2, 8th floor, Sector - 45, Gurugram, HR, IND, 122003

Website

https://www.affle.com

Affle 3i Ltd Formerly Affle India Ltd is engaged in the global technology business. The company is engaged in a fragmented advertising and marketing tech ecosystem by providing an end-to-end integrated mobile marketing platform. The company's AI-powered deep learning algorithms and advanced platform solutions transform ads into consumer recommendations delivering enhanced engagement. The company has single segment of 'business of providing services in advertisement and software development'. Geographically the company operates in India only.

Affle 3i Headlines

No Headlines