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Future Enterprises (NSE:FELDVR) Receivables Turnover : 0.29 (As of Mar. 2022)


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What is Future Enterprises 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. Future Enterprises's Revenue for the three months ended in Mar. 2022 was ₹4,738 Mil. Future Enterprises's average Accounts Receivable for the three months ended in Mar. 2022 was ₹16,139 Mil. Hence, Future Enterprises's Receivables Turnover for the three months ended in Mar. 2022 was 0.29.


Future Enterprises Receivables Turnover Historical Data

The historical data trend for Future Enterprises'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.

Future Enterprises Receivables Turnover Chart

Future Enterprises Annual Data
Trend Jun11 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.39 7.15 3.36 0.56 1.00

Future Enterprises Quarterly Data
Mar15 Mar16 Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.20 0.16 0.27 0.23 0.29

Competitive Comparison of Future Enterprises's Receivables Turnover

For the Department Stores subindustry, Future Enterprises'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.


Future Enterprises's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Future Enterprises's Receivables Turnover distribution charts can be found below:

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



Future Enterprises Receivables Turnover Calculation

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

Future Enterprises's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Receivables Turnover (A: Mar. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2022 ) / ((Accounts Receivable (A: Mar. 2021 ) + Accounts Receivable (A: Mar. 2022 )) / count )
=21933.7 / ((27668.9 + 16138.6) / 2 )
=21933.7 / 21903.75
=1.00

Future Enterprises's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

Receivables Turnover (Q: Mar. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Mar. 2022 )) / count )
=4738.4 / ((0 + 16138.6) / 1 )
=4738.4 / 16138.6
=0.29

* 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.


Future Enterprises  (NSE:FELDVR) 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.


Future Enterprises Receivables Turnover Related Terms

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Future Enterprises Business Description

Traded in Other Exchanges
N/A
Address
Embassy 247, LBS Marg, 9th Floor, Tower C, Vikhroli (West), Mumbai, MH, IND, 400083
Future Enterprises Ltd is a company that develops, owns, and leases the retail infrastructure. It also invests in insurance, textile manufacturing, supply chain, and logistics. The company's operating segment includes Manufacturing & Trading and Leasing & Other. It generates maximum revenue from the Manufacturing and Trading segment.

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