KFin Technologies (NSE:KFINTECH) Receivables Turnover : 1.27 (As of Sep. 2024)

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What is KFin 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. KFin Technologies's Revenue for the three months ended in Sep. 2024 was ₹2,805 Mil. KFin Technologies's average Accounts Receivable for the three months ended in Sep. 2024 was ₹2,214 Mil. Hence, KFin Technologies's Receivables Turnover for the three months ended in Sep. 2024 was 1.27.

KFin Technologies Receivables Turnover Historical Data

The historical data trend for KFin 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.

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KFin Technologies Receivables Turnover Chart

KFin Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

4.26

4.45

5.73

5.80

5.82

KFin Technologies Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial									1.24	1.30	1.33	1.56	1.27

Competitive Comparison of KFin Technologies's Receivables Turnover

For the Software - Application subindustry, KFin 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.

KFin Technologies's Receivables Turnover Distribution in the Software Industry

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

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

KFin Technologies Receivables Turnover Calculation

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

KFin 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 )
=	8106.16	/ (	(1265.45	+	1519)	/	2 )
=	8106.16	/	1392.225
=	5.82

KFin Technologies'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 )
=	2804.74	/ (	(0	+	2214.41)	/	1 )
=	2804.74	/	2214.41
=	1.27

KFin Technologies (NSE:KFINTECH) 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.

KFin Technologies Receivables Turnover Related Terms

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KFin Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KFin Technologies Ltd (NSE:KFINTECH) » Definitions » Receivables Turnover

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Traded in Other Exchanges

543720:India

Address

Selenium, Tower B, Plot No- 31 and 32, Financial District, Nanakramguda, Serilingampally, Rangareddi, Hyderabad, TG, IND, 500032

Website

https://www.kfintech.com

KFin Technologies Ltd is a technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.

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