Infibeam Avenues (NSE:INFIBEAM) Receivables Turnover : 29.43 (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Infibeam Avenues 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. Infibeam Avenues's Revenue for the three months ended in Sep. 2024 was ₹10,167 Mil. Infibeam Avenues's average Accounts Receivable for the three months ended in Sep. 2024 was ₹345 Mil. Hence, Infibeam Avenues's Receivables Turnover for the three months ended in Sep. 2024 was 29.43.

Infibeam Avenues Receivables Turnover Historical Data

The historical data trend for Infibeam Avenues'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.

Infibeam Avenues Receivables Turnover Chart

Infibeam Avenues Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

16.27

10.71

16.82

26.89

32.86

Infibeam Avenues 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															12.04	13.95	5.68	5.88	29.43

Competitive Comparison of Infibeam Avenues's Receivables Turnover

For the Software - Infrastructure subindustry, Infibeam Avenues'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.

Infibeam Avenues's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Infibeam Avenues's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Infibeam Avenues's Receivables Turnover falls into.

Infibeam Avenues Receivables Turnover Calculation

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

Infibeam Avenues'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 )
=	31710.85	/ (	(650.32	+	1279.7)	/	2 )
=	31710.85	/	965.01
=	32.86

Infibeam Avenues'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 )
=	10166.5	/ (	(0	+	345.4)	/	1 )
=	10166.5	/	345.4
=	29.43

Infibeam Avenues (NSE:INFIBEAM) 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.

Infibeam Avenues Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Infibeam Avenues's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Infibeam Avenues Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infibeam Avenues Ltd (NSE:INFIBEAM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

539807:India

Address

Road-5C, Zone-5, Gift City, 28th Floor, GIFT Two Building, Block No. 56, Taluka and District - Gandhinagar, Gandhinagar, GJ, IND, 382355

Website

https://www.ia.ooo

Infibeam Avenues Ltd is engaged in the business of software development services, maintenance, web development, payment gateway services, e-commerce, and other ancillary services. The company's geographical segment includes India, UAE, and other countries. The company operates in two business segments. The Payment Business encompasses the Payment Gateway business under the CC Avenue brand, along with payment infrastructure such as CPGS for banks, and Credit & Lending services. The E-Commerce Platform Business focuses on providing Software Framework & Infrastructure for large enterprises to facilitate E-Commerce, alongside related services including domains and advertising. It derives a majority of its revenue from India.

Infibeam Avenues Headlines

No Headlines