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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. Le Travenues Technology's Revenue for the
three
months ended in Mar. 2026 was ₹3,080 Mil. Le Travenues Technology's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹467 Mil.
Hence, Le Travenues Technology's Receivables Turnover for the
three
months ended in Mar. 2026 was 6.60.
Le Travenues Technology (NSE:IXIGO) 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.
Le Travenues Technology Receivables Turnover Related Terms
Le Travenues Technology Receivables Turnover Historical Data
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The historical data trend for Le Travenues Technology'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.
Le Travenues Technology Receivables Turnover Chart
NSE:IXIGO vs BKNG, ABNB, RCL: Receivables Turnover Comparison
For the Travel Services subindustry, Le Travenues Technology'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.
Le Travenues Technology Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Le Travenues Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Le Travenues Technology's Receivables Turnover falls into.
* 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.
Le Travenues Technology (NSE:IXIGO) has a Receivables Turnover of 6.60 as of Mar. 2026. The accounts 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. View historical data on Le Travenues Technology and its competitors. According to the industry distribution chart, Le Travenues Technology ranks #257 out of 832 companies in the Travel & Leisure industry, placing it in the top 30.9%.
Is Le Travenues Technology's Receivables Turnover too high?
Le Travenues Technology's current Receivables Turnover is 6.60. The Travel & Leisure industry median Receivables Turnover is 14.07. Le Travenues Technology's value of 6.60 is 53.1% below this industry median. Based on the distribution chart, Le Travenues Technology ranks #257 out of 832 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Le Travenues Technology has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Le Travenues Technology's Receivables Turnover compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Le Travenues Technology ranks #257 out of 832 companies for Receivables Turnover. This puts Le Travenues Technology in the upper half of its industry. The industry median Receivables Turnover is 14.07. Le Travenues Technology's value of 6.60 is 53.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.07, based on 832 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Le Travenues Technology's current Receivables Turnover of 6.60 is 53.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Le Travenues Technology and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Le Travenues Technology's current Receivables Turnover is 6.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Travenues Technology stock overvalued right now?
Le Travenues Technology (NSE:IXIGO) has a current Receivables Turnover of 6.60. The current Receivables Turnover is 6.60 and 53.1% below the Travel & Leisure industry median of 14.07. Le Travenues Technology's overall GF Score™ is 40/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Le Travenues Technology (NSE:IXIGO), the current Receivables Turnover is 6.60 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Le Travenues Technology Ltd is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on the OTA platforms, comprising its websites and mobile applications. The company's reportable segments include Flight, Train, Bus, and Other services. Maximum revenue is generated from its Train ticketing services followed by the Flight and other segments. Geographically, it predominantly provides services to customers in India.
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