Kontor Space (NSE:KONTOR) Receivables Turnover : 165.82 (As of Mar. 2024)

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What is Kontor Space 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. Kontor Space's Revenue for the six months ended in Mar. 2024 was ₹110.3 Mil. Kontor Space's average Accounts Receivable for the six months ended in Mar. 2024 was ₹0.7 Mil. Hence, Kontor Space's Receivables Turnover for the six months ended in Mar. 2024 was 165.82.

Kontor Space Receivables Turnover Historical Data

The historical data trend for Kontor Space'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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Kontor Space Receivables Turnover Chart

Kontor Space Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

8.78

12.32

72.72

165.82

Kontor Space Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Receivables Turnover	8.78	12.32	72.72	165.82

Competitive Comparison of Kontor Space's Receivables Turnover

For the Real Estate Services subindustry, Kontor Space'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.

Kontor Space's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kontor Space's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kontor Space's Receivables Turnover falls into.

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Kontor Space Receivables Turnover Calculation

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

Kontor Space'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 )
=	110.267	/ (	(0.463	+	0.867)	/	2 )
=	110.267	/	0.665
=	165.82

Kontor Space'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: Mar. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	110.267	/ (	(0.463	+	0.867)	/	2 )
=	110.267	/	0.665
=	165.82

Kontor Space (NSE:KONTOR) 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.

Kontor Space Receivables Turnover Related Terms

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Kontor Space Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kontor Space Ltd (NSE:KONTOR) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Ashar IT, Park Road No. 16 Z, Office No. A1 & B1, 9th Floor, Wagle Industrial Estate, Thane West, Thane, MH, IND, 400604

Website

https://www.kontorspace.in

Kontor Space Ltd provides space-as-a-service by renting and managing commercial spaces. It aims to foster a culture of collaboration and productivity by offering flexibility, convenience, and astounding quality at a significantly competitive price to its clients ranging from small-scale startups to large conglomerates.

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