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Brigade Enterprises (NSE:BRIGADE) Receivables Turnover : 1.84 (As of Sep. 2024)


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What is Brigade Enterprises 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. Brigade Enterprises's Revenue for the three months ended in Sep. 2024 was ₹10,722 Mil. Brigade Enterprises's average Accounts Receivable for the three months ended in Sep. 2024 was ₹5,820 Mil. Hence, Brigade Enterprises's Receivables Turnover for the three months ended in Sep. 2024 was 1.84.


Brigade Enterprises Receivables Turnover Historical Data

The historical data trend for Brigade Enterprises'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.

Brigade Enterprises Receivables Turnover Chart

Brigade Enterprises 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 6.18 4.03 5.71 7.03 10.08

Brigade Enterprises 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 2.67 2.30 3.30 2.16 1.84

Competitive Comparison of Brigade Enterprises's Receivables Turnover

For the Real Estate - Development subindustry, Brigade Enterprises'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.


Brigade Enterprises's Receivables Turnover Distribution in the Real Estate Industry

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

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



Brigade Enterprises Receivables Turnover Calculation

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

Brigade Enterprises'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 )
=48447 / ((4616 + 4997.1) / 2 )
=48447 / 4806.55
=10.08

Brigade Enterprises'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 )
=10721.6 / ((0 + 5820.1) / 1 )
=10721.6 / 5820.1
=1.84

* 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.


Brigade Enterprises  (NSE:BRIGADE) 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.


Brigade Enterprises Receivables Turnover Related Terms

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Brigade Enterprises Business Description

Traded in Other Exchanges
Address
26/1, Dr. Rajkumar Road, Brigade Gateway Campus, 29th & 30th Floor, World Trade Center, Malleswaram-Rajajinagar, Bangalore, KA, IND, 560055
Brigade Enterprises Ltd is a property development company. The company's operating segments include Real Estate, Hospitality, and Leasing. The Real Estate segment which generates maximum revenue, specializes in the development of residential and commercial projects on a sale basis. The company's portfolio includes villas, penthouses, premium residences, luxury apartments, value homes, urban studios, independent living for seniors, mixed-use lifestyle enclaves, and townships.

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