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Arihant Superstructures (NSE:ARIHANTSUP) Receivables Turnover : 1.08 (As of Sep. 2024)


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What is Arihant Superstructures 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. Arihant Superstructures's Revenue for the three months ended in Sep. 2024 was ₹1,118 Mil. Arihant Superstructures's average Accounts Receivable for the three months ended in Sep. 2024 was ₹1,037 Mil. Hence, Arihant Superstructures's Receivables Turnover for the three months ended in Sep. 2024 was 1.08.


Arihant Superstructures Receivables Turnover Historical Data

The historical data trend for Arihant Superstructures'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.

Arihant Superstructures Receivables Turnover Chart

Arihant Superstructures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.34 8.78 7.70 5.36 5.33

Arihant Superstructures Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.96 1.05 1.49 0.81 1.08

Competitive Comparison of Arihant Superstructures's Receivables Turnover

For the Real Estate - Development subindustry, Arihant Superstructures'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.


Arihant Superstructures's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where Arihant Superstructures's Receivables Turnover falls into.



Arihant Superstructures Receivables Turnover Calculation

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

Arihant Superstructures'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 )
=5038.47 / ((851.723 + 1038.629) / 2 )
=5038.47 / 945.176
=5.33

Arihant Superstructures's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=1118.024 / ((0 + 1037.29) / 1 )
=1118.024 / 1037.29
=1.08

* 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.


Arihant Superstructures  (NSE:ARIHANTSUP) 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.


Arihant Superstructures Receivables Turnover Related Terms

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Arihant Superstructures Business Description

Traded in Other Exchanges
Address
TTC Industrial Area, Thane Belapur Road, Arihant Aura, 25th Floor, B-Wing, Plot No. 13/1, Turbhe MIDC, Turbhe, Navi Mumbai, Mumbai, MH, IND, 400705
Arihant Superstructures Ltd is an India-based real estate development company. The operation of the company spans in all aspects of real estate development from the identification and acquisition of land, planning, execution, construction, and marketing of projects. Some of the projects of the company are Arihant Advika, Arihant Aspire, Arihant Aloki, Arihant Clan Aalishan, Arihant 5 Anaika, Residential project located at Badlapur and Residential project located at Taloja, Panvel.

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