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Capri Global Capital (NSE:CGCL) Receivables Turnover : 4.29 (As of Mar. 2024)


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What is Capri Global Capital 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. Capri Global Capital's Revenue for the three months ended in Mar. 2024 was ₹5,869 Mil. Capri Global Capital's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,367 Mil. Hence, Capri Global Capital's Receivables Turnover for the three months ended in Mar. 2024 was 4.29.


Capri Global Capital Receivables Turnover Historical Data

The historical data trend for Capri Global Capital'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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Capri Global Capital Receivables Turnover Chart

Capri Global Capital 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 141.29 553.77 163.52 64.91 25.06

Capri Global Capital 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 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 12.96 14.58 6.26 6.64 4.29

Competitive Comparison of Capri Global Capital's Receivables Turnover

For the Credit Services subindustry, Capri Global Capital'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.


Capri Global Capital's Receivables Turnover Distribution in the Credit Services Industry

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

* The bar in red indicates where Capri Global Capital's Receivables Turnover falls into.



Capri Global Capital Receivables Turnover Calculation

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

Capri Global Capital'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 )
=21165.17 / ((322.34 + 1366.85) / 2 )
=21165.17 / 844.595
=25.06

Capri Global Capital'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 )
=5869.24 / ((0 + 1366.85) / 1 )
=5869.24 / 1366.85
=4.29

* 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.


Capri Global Capital  (NSE:CGCL) 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.


Capri Global Capital Receivables Turnover Related Terms

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Capri Global Capital (NSE:CGCL) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 502, Tower A, Peninsula Business Park, Lower Parel, Mumbai, MH, IND, 400 013
Capri Global Capital Ltd provides financial services. The company is engaged in providing loans to Micro, Small and Medium Enterprises (MSMEs), providing long term finance for the construction of residential houses, retail lending, gold loan, and ancillary services. It generates maximum revenue from the interest income. Geographically, it operates only in India.

Capri Global Capital (NSE:CGCL) Headlines

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