Integrated Personnel Services (NSE:IPSL) Receivables Turnover : 2.24 (As of Sep. 2024)

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What is Integrated Personnel Services 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. Integrated Personnel Services's Revenue for the six months ended in Sep. 2024 was ₹1,418 Mil. Integrated Personnel Services's average Accounts Receivable for the six months ended in Sep. 2024 was ₹632 Mil. Hence, Integrated Personnel Services's Receivables Turnover for the six months ended in Sep. 2024 was 2.24.

Integrated Personnel Services Receivables Turnover Historical Data

The historical data trend for Integrated Personnel Services'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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Integrated Personnel Services Receivables Turnover Chart

Integrated Personnel Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

5.82

4.75

5.42

5.10

4.75

Integrated Personnel Services Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial			2.77	2.38	2.35	2.47	2.24

Competitive Comparison of Integrated Personnel Services's Receivables Turnover

For the Staffing & Employment Services subindustry, Integrated Personnel Services'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.

Integrated Personnel Services's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Integrated Personnel Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Integrated Personnel Services's Receivables Turnover falls into.

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Integrated Personnel Services Receivables Turnover Calculation

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

Integrated Personnel Services'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 )
=	2455.923	/ (	(442.105	+	592.346)	/	2 )
=	2455.923	/	517.2255
=	4.75

Integrated Personnel Services'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: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	1418.267	/ (	(592.346	+	671.716)	/	2 )
=	1418.267	/	632.031
=	2.24

Integrated Personnel Services (NSE:IPSL) 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.

Integrated Personnel Services Receivables Turnover Related Terms

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Integrated Personnel Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Integrated Personnel Services Ltd (NSE:IPSL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

14, Whispering Palm, Shopping Center, Lokhandwala Complex, Kandivali (East), Mumbai, MH, IND, 400101

Website

https://www.integratedpersonnelservices.com

Integrated Personnel Services Ltd is an end to end human resource management company providing customized solutions to various corporates in India. The companies services includes temporary staffing solutions (flexi-staffing), permanent recruitment (executive search) services, specialized staff recruitment, outsourced recruitment processes and payroll management.

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