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Radiant Cash Management Services (NSE:RADIANTCMS) Receivables Turnover : 1.41 (As of Mar. 2025)


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What is Radiant Cash Management 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. Radiant Cash Management Services's Revenue for the three months ended in Mar. 2025 was ₹1,043 Mil. Radiant Cash Management Services's average Accounts Receivable for the three months ended in Mar. 2025 was ₹738 Mil. Hence, Radiant Cash Management Services's Receivables Turnover for the three months ended in Mar. 2025 was 1.41.


Radiant Cash Management Services Receivables Turnover Historical Data

The historical data trend for Radiant Cash Management 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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Radiant Cash Management Services Receivables Turnover Chart

Radiant Cash Management Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial 3.58 3.85 4.77 5.24 5.66

Radiant Cash Management Services Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.28 1.30 1.28 1.39 1.41

Competitive Comparison of Radiant Cash Management Services's Receivables Turnover

For the Specialty Business Services subindustry, Radiant Cash Management 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.


Radiant Cash Management Services's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Radiant Cash Management Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Radiant Cash Management Services's Receivables Turnover falls into.


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Radiant Cash Management Services Receivables Turnover Calculation

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

Radiant Cash Management Services'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 )
=4271.47 / ((771.11 + 738.32) / 2 )
=4271.47 / 754.715
=5.66

Radiant Cash Management Services'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 )
=1043.05 / ((0 + 738.32) / 1 )
=1043.05 / 738.32
=1.41

* 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.


Radiant Cash Management Services  (NSE:RADIANTCMS) 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.


Radiant Cash Management Services Receivables Turnover Related Terms

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Radiant Cash Management Services Business Description

Traded in Other Exchanges
Address
No. 4/3 Raju Nagar, First Street, Old Mahabalipuram Road, Radiant Building, Okkiyam Thoraipakkam, OMR, Chennai, TN, IND, 600 009
Radiant Cash Management Services Ltd is an integrated cash logistics player with a presence in retail cash management. Its set of services, ranging from secured cash pick-up and delivery, network currency management, and cash-in-transit solutions to efficient cash processing, a diverse clientele trusts Radiant. Its clients include some of the foreign, private, and public sector banks, and the end users of services include some of the e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways, and retail petroleum distribution outlets. The company generates the majority of its revenue from Cash Pick and Delivery services. It operates in one business segment Cash Management Services.

Radiant Cash Management Services Headlines

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