BLS E- Services (NSE:BLSE) Receivables Turnover : 3.53 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is BLS E- Services 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. BLS E- Services's Revenue for the three months ended in Dec. 2024 was ₹1,276 Mil. BLS E- Services's average Accounts Receivable for the three months ended in Dec. 2024 was ₹361 Mil. Hence, BLS E- Services's Receivables Turnover for the three months ended in Dec. 2024 was 3.53.

BLS E- Services Receivables Turnover Historical Data

The historical data trend for BLS E- Services'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.

BLS E- Services Receivables Turnover Chart

BLS E- Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

7.29

11.17

39.10

62.27

BLS E- Services Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial					178.68	12.88	13.17	2.14	3.53

Competitive Comparison of BLS E- Services's Receivables Turnover

For the Specialty Business Services subindustry, BLS E- Services'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.

BLS E- Services's Receivables Turnover Distribution in the Business Services Industry

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

* The bar in red indicates where BLS E- Services's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

BLS E- Services Receivables Turnover Calculation

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

BLS E- Services'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 )
=	3014.793	/ (	(39.634	+	57.193)	/	2 )
=	3014.793	/	48.4135
=	62.27

BLS E- Services'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 )
=	1276.348	/ (	(361.177	+	0)	/	1 )
=	1276.348	/	361.177
=	3.53

BLS E- Services (NSE:BLSE) 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.

BLS E- Services Receivables Turnover Related Terms

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

BLS E- Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BLS E- Services Ltd (NSE:BLSE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

544107:India

Address

Udyog Vihar, Phase V, Plot no. 865, Gurugram, HR, IND, 122016

Website

https://www.blseservices.com

BLS E- Services Ltd is a digital service provider in India. It provides business correspondence services to banks in India, Assisted E-services, and E-Governance Services at grassroots levels in India. Its robust network provides access points for the delivery of essential public utility services, social welfare schemes, healthcare, financial, educational, agricultural, and banking services for governments (G2C) and businesses (B2B) alike in addition to a host of B2C services to citizens in urban, semi-urban, rural and remote areas. Business Correspondents provides banking products and services on behalf of banks to people while performing a variety of services including opening savings, recurring deposit accounts, cash deposits, withdrawals, remittances, transfers, and bill collection.

BLS E- Services Headlines

No Headlines