Popular Vehicles and Services (NSE:PVSL) Receivables Turnover : 4.41 (As of Dec. 2024)

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What is Popular Vehicles and Services 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. Popular Vehicles and Services's Revenue for the three months ended in Dec. 2024 was ₹13,647 Mil. Popular Vehicles and Services's average Accounts Receivable for the three months ended in Dec. 2024 was ₹3,093 Mil. Hence, Popular Vehicles and Services's Receivables Turnover for the three months ended in Dec. 2024 was 4.41.

Popular Vehicles and Services Receivables Turnover Historical Data

The historical data trend for Popular Vehicles and Services'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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Popular Vehicles and Services Receivables Turnover Chart

Popular Vehicles and Services Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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15.94

20.37

19.55

23.33

20.63

Popular Vehicles and Services Quarterly Data
	Mar19	Mar20	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial							4.73	3.77	4.35	4.89	4.41

Competitive Comparison of Popular Vehicles and Services's Receivables Turnover

For the Auto & Truck Dealerships subindustry, Popular Vehicles and Services'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.

Popular Vehicles and Services's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Popular Vehicles and Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Popular Vehicles and Services's Receivables Turnover falls into.

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Popular Vehicles and Services Receivables Turnover Calculation

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

Popular Vehicles and Services'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 )
=	53716.96	/ (	(2237.84	+	2969.16)	/	2 )
=	53716.96	/	2603.5
=	20.63

Popular Vehicles and Services's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	13646.72	/ (	(3092.6	+	0)	/	1 )
=	13646.72	/	3092.6
=	4.41

Popular Vehicles and Services (NSE:PVSL) 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.

Popular Vehicles and Services Receivables Turnover Related Terms

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Popular Vehicles and Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Popular Vehicles and Services Ltd (NSE:PVSL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

544144:India

Address

Kuttukaran Centre, Mamangalam, Cochin, Ernakulam, KL, IND, 682025

Website

https://www.popularmaruti.com

Popular Vehicles and Services Ltd is engaged in automobile dealerships in India. It caters to the complete life cycle of vehicle ownership, right from the sale of new vehicles, servicing and repairing vehicles, distributing spare parts and accessories, facilitating the sale and exchange of pre-owned vehicles, operating driving schools, and facilitating the sale of third-party financial and insurance products. The group has structured its business broadly into four verticals-Passenger cars (excluding luxury vehicles), Luxury vehicles, Commercial vehicles, and others. Others comprise spare parts retail sales - other than through the respective business segments and sale of electric vehicles - two-wheelers and three-wheelers. Key revenue is generated from the passenger cars segment.

Popular Vehicles and Services Headlines

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