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EIH Associated Hotels (NSE:EIHAHOTELS) Receivables Turnover : 5.69 (As of Sep. 2024)


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What is EIH Associated Hotels 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. EIH Associated Hotels's Revenue for the three months ended in Sep. 2024 was ₹708 Mil. EIH Associated Hotels's average Accounts Receivable for the three months ended in Sep. 2024 was ₹124 Mil. Hence, EIH Associated Hotels's Receivables Turnover for the three months ended in Sep. 2024 was 5.69.


EIH Associated Hotels Receivables Turnover Historical Data

The historical data trend for EIH Associated Hotels'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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EIH Associated Hotels Receivables Turnover Chart

EIH Associated Hotels 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 8.92 6.40 26.00 28.47 20.08

EIH Associated Hotels 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 5.15 11.10 5.94 2.89 5.69

Competitive Comparison of EIH Associated Hotels's Receivables Turnover

For the Lodging subindustry, EIH Associated Hotels'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.


EIH Associated Hotels's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, EIH Associated Hotels's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where EIH Associated Hotels's Receivables Turnover falls into.



EIH Associated Hotels Receivables Turnover Calculation

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

EIH Associated Hotels'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 )
=3847.89 / ((160.05 + 223.13) / 2 )
=3847.89 / 191.59
=20.08

EIH Associated Hotels'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 )
=708.367 / ((0 + 124.497) / 1 )
=708.367 / 124.497
=5.69

* 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.


EIH Associated Hotels  (NSE:EIHAHOTELS) 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.


EIH Associated Hotels Receivables Turnover Related Terms

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EIH Associated Hotels Business Description

Traded in Other Exchanges
Address
7, Sham Nath Marg, Delhi, IND, 110054
EIH Associated Hotels Ltd is an India-based company engaged in hotel activities. The business of the company is the ownership, management, and operation of five-star hotels in tourist destinations throughout India. The company owns luxury hotels under the Oberoi and five-star Trident brands in Indian cities. The group derives its principal revenue from hotel operations, including related services, food and beverage, and other services. The Company has identified a single reportable segment.

EIH Associated Hotels Headlines

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