Docmode Health Technologies (NSE:DHTL) Receivables Turnover: 3.06 (As of Mar. 2025)

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NSE:DHTL Docmode Health Technologies Ltd NSE:DHTL
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Price ₹38.60
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What is Docmode Health Technologies Receivables Turnover?

Docmode Health Technologies NSE:DHTL +4.89% 14 Receivables Turnover is 3.06 as of Mar. 2025. GuruFocus rates NSE:DHTL with a GF Score™ of 14/100.

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. Docmode Health Technologies's Revenue for the six months ended in Mar. 2025 was ₹213.5 Mil. Docmode Health Technologies's average Accounts Receivable for the six months ended in Mar. 2025 was ₹69.8 Mil. Hence, Docmode Health Technologies's Receivables Turnover for the six months ended in Mar. 2025 was 3.06.


Docmode Health Technologies  (NSE:DHTL) 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.


Docmode Health Technologies Receivables Turnover Related Terms


Docmode Health Technologies Receivables Turnover Historical Data

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The historical data trend for Docmode Health Technologies'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.

Docmode Health Technologies Receivables Turnover Chart

Docmode Health Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
5.21 4.80 5.43 4.05 4.03

Docmode Health Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Receivables Turnover Get a 7-Day Free Trial 0.00 2.76 1.62 2.52 3.06

NSE:DHTL vs VEEV, BTSG, TEM: Receivables Turnover Comparison

For the Health Information Services subindustry, Docmode Health Technologies'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.


Docmode Health Technologies Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Docmode Health Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Docmode Health Technologies's Receivables Turnover falls into.


NSE:DHTL
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Docmode Health Technologies Ltd NSE:DHTL
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Docmode Health Technologies Receivables Turnover Calculation

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

Docmode Health Technologies's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=417.729 / ((114.689 + 92.394) / 2 )
=417.729 / 103.5415
=4.03

Docmode Health Technologies's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=213.548 / ((47.108 + 92.394) / 2 )
=213.548 / 69.751
=3.06

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.06 mean?
Docmode Health Technologies (NSE:DHTL) has a Receivables Turnover of 3.06 as of Mar. 2025. The accounts 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. View historical data on Docmode Health Technologies and its competitors.
Is Docmode Health Technologies' Receivables Turnover too high?
Docmode Health Technologies' current Receivables Turnover is 3.06. The Healthcare Providers & Services industry median Receivables Turnover is 7.75. Docmode Health Technologies' value of 3.06 is 60.5% below this industry median. Overall, Docmode Health Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Docmode Health Technologies' Receivables Turnover compare to VEEV and BTSG?
Docmode Health Technologies' Receivables Turnover of 3.06 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.75. Docmode Health Technologies' value of 3.06 is 60.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.75, based on 660 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Docmode Health Technologies's current Receivables Turnover of 3.06 is 60.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Docmode Health Technologies and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docmode Health Technologies's current Receivables Turnover is 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Docmode Health Technologies stock overvalued right now?
Docmode Health Technologies (NSE:DHTL) has a current Receivables Turnover of 3.06. The current Receivables Turnover is 3.06 and 60.5% below the Healthcare Providers & Services industry median of 7.75. Docmode Health Technologies' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Docmode Health Technologies (NSE:DHTL), the current Receivables Turnover is 3.06 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Docmode Health Technologies Business Description

Address Chincholi Bunder Road, 201, Kalpataru Plaza, Rambaug Off, Nadiyawala Colony 2, Malad, Mumbai, MH, IND, 400064
Docmode Health Technologies Ltd is engaged in the business of providing comprehensive & interactive learning programs for healthcare professionals through e-Learning measures and providing online CME (continuous medical education) Certification Courses and designing & conducting surveys, quizzes, questionnaires, etc. for collecting data insights related to the healthcare industry Its business segment is engaged in providing vocational training, DocMode is a platform that provides authoritative, comprehensive, and interactive learning programs for Health Professionals - Doctors, Nurses, Allied and Medical Students - across the world. The company has a new segments namely publishing of Medical books, trading of medical books and journals, conducting customised and inhouse events.
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