Arshiya (NSE:ARSHIYA) Receivables Turnover : 1.58 (As of Mar. 2024)

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What is Arshiya 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. Arshiya's Revenue for the three months ended in Mar. 2024 was ₹401 Mil. Arshiya's average Accounts Receivable for the three months ended in Mar. 2024 was ₹254 Mil. Hence, Arshiya's Receivables Turnover for the three months ended in Mar. 2024 was 1.58.

Arshiya Receivables Turnover Historical Data

The historical data trend for Arshiya'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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Arshiya Receivables Turnover Chart

Arshiya Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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9.94

6.77

4.56

4.23

5.43

Arshiya 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															1.34	1.13	1.44	1.40	1.58

Competitive Comparison of Arshiya's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Arshiya'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.

Arshiya's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Arshiya's Receivables Turnover distribution charts can be found below:

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

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Arshiya Receivables Turnover Calculation

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

Arshiya'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 )
=	1544.071	/ (	(315.28	+	253.6)	/	2 )
=	1544.071	/	284.44
=	5.43

Arshiya'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 )
=	401.299	/ (	(0	+	253.6)	/	1 )
=	401.299	/	253.6
=	1.58

Arshiya (NSE:ARSHIYA) 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.

Arshiya Receivables Turnover Related Terms

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Arshiya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Arshiya Ltd (NSE:ARSHIYA) » Definitions » Receivables Turnover

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Address

Dr. Annie Besant Road, 205 & 206 (Part), 2nd Floor, Ceejay House, Shiv Sagar Estate, F-Block, Worli, Mumbai, MH, IND, 400018

Website

http://www.arshiyalimited.com

Arshiya Ltd is an India-based company engaged in supply chain management and logistics infrastructure solutions. The company is primarily engaged in developing and operating free trade and warehousing zones and industrial and distribution hubs; and provides inland container depot, rail and rail infrastructure, forwarding, and supply chain technology and management services. It also provides transport and handling services, such as first and last mile multi-modal connectivity services for full truckload, less than truckload, project cargo, and reefer services.

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