Vedant Fashions (NSE:MANYAVAR) Receivables Turnover : 0.59 (As of Mar. 2025)

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What is Vedant Fashions 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. Vedant Fashions's Revenue for the three months ended in Mar. 2025 was ₹3,674 Mil. Vedant Fashions's average Accounts Receivable for the three months ended in Mar. 2025 was ₹6,186 Mil. Hence, Vedant Fashions's Receivables Turnover for the three months ended in Mar. 2025 was 0.59.

Vedant Fashions Receivables Turnover Historical Data

The historical data trend for Vedant Fashions'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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Vedant Fashions Receivables Turnover Chart

Vedant Fashions Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Receivables Turnover

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1.54

2.74

3.11

2.64

2.34

Vedant Fashions Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial														0.64	0.42	0.44	0.84	0.59

Competitive Comparison of Vedant Fashions's Receivables Turnover

For the Apparel Manufacturing subindustry, Vedant Fashions'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.

Vedant Fashions's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vedant Fashions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vedant Fashions's Receivables Turnover falls into.

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Vedant Fashions Receivables Turnover Calculation

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

Vedant Fashions's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

	Receivables Turnover (A: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2025 )	/ (	(Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )
=	13864.83	/ (	(5645.21	+	6186.12)	/	2 )
=	13864.83	/	5915.665
=	2.34

Vedant Fashions's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	3674.36	/ (	(0	+	6186.12)	/	1 )
=	3674.36	/	6186.12
=	0.59

Vedant Fashions (NSE:MANYAVAR) 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.

Vedant Fashions Receivables Turnover Related Terms

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Vedant Fashions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vedant Fashions Ltd (NSE:MANYAVAR) » Definitions » Receivables Turnover

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Traded in Other Exchanges

543463:India

Address

19 Canal South Road, Paridhan Garment Park, A501-A502, SDF-1, 4th Floor, Kolkata, WB, IND, 700 015

Website

https://www.vedantfashions.com

Vedant Fashions Ltd is engaged in the men's Indian wedding and celebration wear segment.The Company has only one reportable segment i.e., branded fashion apparel and accessories. The company's products include men's ethnic and celebration wear items such as Indo-western, sherwanis, kurtas, jackets and accessories such as jutti, safa, mala, and women's ethnic and celebration wear items such as lehengas, sarees, stitched suits, gowns and kurtis.

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