Country Club Hospitality & Holidays (NSE:CCHHL) Receivables Turnover : 1.55 (As of Mar. 2024)

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What is Country Club Hospitality & Holidays 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. Country Club Hospitality & Holidays's Revenue for the three months ended in Mar. 2024 was ₹124.6 Mil. Country Club Hospitality & Holidays's average Accounts Receivable for the three months ended in Mar. 2024 was ₹80.3 Mil. Hence, Country Club Hospitality & Holidays's Receivables Turnover for the three months ended in Mar. 2024 was 1.55.

Country Club Hospitality & Holidays Receivables Turnover Historical Data

The historical data trend for Country Club Hospitality & Holidays'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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Country Club Hospitality & Holidays Receivables Turnover Chart

Country Club Hospitality & Holidays Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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8.08

3.90

4.72

5.74

5.76

Country Club Hospitality & Holidays 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															1.36	1.40	1.22	1.22	1.55

Competitive Comparison of Country Club Hospitality & Holidays's Receivables Turnover

For the Lodging subindustry, Country Club Hospitality & Holidays'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.

Country Club Hospitality & Holidays's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Country Club Hospitality & Holidays's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Country Club Hospitality & Holidays's Receivables Turnover falls into.

Country Club Hospitality & Holidays Receivables Turnover Calculation

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

Country Club Hospitality & Holidays'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 )
=	523.639	/ (	(101.486	+	80.254)	/	2 )
=	523.639	/	90.87
=	5.76

Country Club Hospitality & Holidays'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 )
=	124.588	/ (	(0	+	80.254)	/	1 )
=	124.588	/	80.254
=	1.55

Country Club Hospitality & Holidays (NSE:CCHHL) 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.

Country Club Hospitality & Holidays Receivables Turnover Related Terms

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Country Club Hospitality & Holidays (NSE:CCHHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Country Club Hospitality & Holidays Ltd (NSE:CCHHL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

526550:India

Address

Country Club Kool, No. 6-3-1219, 4th and 5th Floor, Begumpet, Hyderabad, TG, IND, 500016

Website

https://www.countryclubindia.net

Country Club Hospitality & Holidays Ltd offers leisure hospitality services in India. It provides specialty services which include member-exclusive clubbing hubs, splendid holiday destinations, trendy fitness centers and star-studded entertainment events. The group also organizes various family amusement events including Live Musical Nights, Food Festivals, Magic shows and Tambola. It operates under the business segment of Sale of Vacation Ownership and other related services. Its business is to sell club ownership, provide tour and holiday services, accommodation services; training in recreational activities relating to art, culture and sports, fitness training and clubbing to its members for a specified period.

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