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RBZ Jewellers (NSE:RBZJEWEL) Receivables Turnover : 6.11 (As of Dec. 2024)


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What is RBZ Jewellers 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. RBZ Jewellers's Revenue for the three months ended in Dec. 2024 was ₹1,938 Mil. RBZ Jewellers's average Accounts Receivable for the three months ended in Dec. 2024 was ₹317 Mil. Hence, RBZ Jewellers's Receivables Turnover for the three months ended in Dec. 2024 was 6.11.


RBZ Jewellers Receivables Turnover Historical Data

The historical data trend for RBZ Jewellers'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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RBZ Jewellers Receivables Turnover Chart

RBZ Jewellers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Receivables Turnover
10.53 20.87 16.00 18.91

RBZ Jewellers Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.85 6.81 6.52 3.67 6.11

Competitive Comparison of RBZ Jewellers's Receivables Turnover

For the Luxury Goods subindustry, RBZ Jewellers'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.


RBZ Jewellers's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, RBZ Jewellers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where RBZ Jewellers's Receivables Turnover falls into.


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RBZ Jewellers Receivables Turnover Calculation

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

RBZ Jewellers'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 )
=3274.293 / ((219.873 + 126.451) / 2 )
=3274.293 / 173.162
=18.91

RBZ Jewellers'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 )
=1938.13 / ((317.416 + 0) / 1 )
=1938.13 / 317.416
=6.11

* 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.


RBZ Jewellers  (NSE:RBZJEWEL) 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.


RBZ Jewellers Receivables Turnover Related Terms

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RBZ Jewellers Business Description

Traded in Other Exchanges
Address
S.G. Highway, Block-D, Mondeal Retail Park, Near Rajpath Club, Beside Iscon Mall, Ahmedabad, GJ, IND, 380054
RBZ Jewellers Ltd is an organized manufacturer of gold jewelry in India, specializing in Antique Gold Jewellery and distributing it to reputable nationwide retailers and regional players in India.

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