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BSE (NSE:BSE) Receivables Turnover : 2.18 (As of Sep. 2023)


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What is BSE 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. BSE's Revenue for the three months ended in Sep. 2023 was ₹3,145 Mil. BSE's average Accounts Receivable for the three months ended in Sep. 2023 was ₹1,443 Mil. Hence, BSE's Receivables Turnover for the three months ended in Sep. 2023 was 2.18.


BSE Receivables Turnover Historical Data

The historical data trend for BSE'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.

BSE Receivables Turnover Chart

BSE 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 7.57 6.37 9.86 10.57 9.21

BSE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 2.02 2.50 2.37 2.18 -

Competitive Comparison of BSE's Receivables Turnover

For the Financial Data & Stock Exchanges subindustry, BSE'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.


BSE's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BSE's Receivables Turnover distribution charts can be found below:

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



BSE Receivables Turnover Calculation

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

BSE'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 )
=13900.3 / ((908.9 + 2108.7) / 2 )
=13900.3 / 1508.8
=9.21

BSE's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=3145.1 / ((0 + 1443.3) / 1 )
=3145.1 / 1443.3
=2.18

* 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.


BSE  (NSE:BSE) 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.


BSE Receivables Turnover Related Terms

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BSE (NSE:BSE) Business Description

Traded in Other Exchanges
N/A
Address
Phiroze Jeejeebhoy Towers, Dalal Street, 25th Floor, Mumbai, MH, IND, 400001
BSE Ltd operates as a stock exchange and is one of the leading exchange groups in India. The company operates through one segment namely Stock Exchange Operations i.e. Facilitating Trading in Securities and other related ancillary Services. while generating majority of its revenues through the stock exchange activities. It primarily provides a trading platform for over 5000 companies that are listed on its exchange. The exchange offers various services such as trading in equity, debt instruments, derivatives and mutual funds. BSE also offers its customers other services such as risk management, market data services and educational programs.