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Intrasoft Technologies (NSE:ISFT) Receivables Turnover : 34.75 (As of Mar. 2024)


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What is Intrasoft Technologies 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. Intrasoft Technologies's Revenue for the three months ended in Mar. 2024 was ₹1,215 Mil. Intrasoft Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was ₹35 Mil. Hence, Intrasoft Technologies's Receivables Turnover for the three months ended in Mar. 2024 was 34.75.


Intrasoft Technologies Receivables Turnover Historical Data

The historical data trend for Intrasoft 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.

* Premium members only.

Intrasoft Technologies Receivables Turnover Chart

Intrasoft Technologies 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 82.72 264.49 155.83 122.14 128.98

Intrasoft Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.27 29.87 35.45 36.17 34.75

Competitive Comparison of Intrasoft Technologies's Receivables Turnover

For the Internet Retail subindustry, Intrasoft 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.


Intrasoft Technologies's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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



Intrasoft Technologies Receivables Turnover Calculation

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

Intrasoft Technologies'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 )
=4854.654 / ((40.316 + 34.964) / 2 )
=4854.654 / 37.64
=128.98

Intrasoft Technologies's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1215.036 / ((0 + 34.964) / 1 )
=1215.036 / 34.964
=34.75

* 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.


Intrasoft Technologies  (NSE:ISFT) 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.


Intrasoft Technologies Receivables Turnover Related Terms

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Intrasoft Technologies (NSE:ISFT) Business Description

Traded in Other Exchanges
Address
145, Rash Behari Avenue, Suite 301, Kolkata, WB, IND, 700029
Intrasoft Technologies Ltd is engaged in the retail sale of products and services through the internet. It sells its products through its e-commerce retail platform. Its product profile includes furniture, patio, lawn and garden, musical instruments and gadgets, and art crafts, sports and outdoor, toys, games, kitchen and dining appliances. The majority of the revenue is generated from outside India. It generates revenue from a single business segment of Internet Based Delivery of Services.

Intrasoft Technologies (NSE:ISFT) Headlines

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