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Poonawalla Fincorp (NSE:POONAWALLA) Receivables Turnover : 38.71 (As of Mar. 2024)


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What is Poonawalla Fincorp 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. Poonawalla Fincorp's Revenue for the three months ended in Mar. 2024 was ₹8,668 Mil. Poonawalla Fincorp's average Accounts Receivable for the three months ended in Mar. 2024 was ₹224 Mil. Hence, Poonawalla Fincorp's Receivables Turnover for the three months ended in Mar. 2024 was 38.71.


Poonawalla Fincorp Receivables Turnover Historical Data

The historical data trend for Poonawalla Fincorp'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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Poonawalla Fincorp Receivables Turnover Chart

Poonawalla Fincorp 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 289.31 245.43 125.15 108.20 138.11

Poonawalla Fincorp 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 27.49 32.19 32.49 33.40 38.71

Competitive Comparison of Poonawalla Fincorp's Receivables Turnover

For the Credit Services subindustry, Poonawalla Fincorp'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.


Poonawalla Fincorp's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Poonawalla Fincorp's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Poonawalla Fincorp's Receivables Turnover falls into.



Poonawalla Fincorp Receivables Turnover Calculation

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

Poonawalla Fincorp'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 )
=29727.8 / ((206.6 + 223.9) / 2 )
=29727.8 / 215.25
=138.11

Poonawalla Fincorp'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 )
=8667.9 / ((0 + 223.9) / 1 )
=8667.9 / 223.9
=38.71

* 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.


Poonawalla Fincorp  (NSE:POONAWALLA) 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.


Poonawalla Fincorp Receivables Turnover Related Terms

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Poonawalla Fincorp (NSE:POONAWALLA) Business Description

Traded in Other Exchanges
Address
Mundhwa Road, A-201 and 202, 2nd floor, AP81, Koregaon Park Annex, Near Raga Lawns, Mundhwa, Pune, MH, IND, 411036
Poonawalla Fincorp Ltd is a non-banking finance company engaged in providing asset finance. The company is Financing for Tractors, Commercial Vehicle, Construction Equipment, Cars, Used Vehicles, mortgage and loans to micro, small and medium enterprises (MSME). Its only operating segment is financing. Geographically, it derives revenue from India.

Poonawalla Fincorp (NSE:POONAWALLA) Headlines

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