Ravinder Heights (NSE:RVHL) Receivables Turnover : 66.71 (As of Dec. 2024)

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What is Ravinder Heights 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. Ravinder Heights's Revenue for the three months ended in Dec. 2024 was ₹1.40 Mil. Ravinder Heights's average Accounts Receivable for the three months ended in Dec. 2024 was ₹0.02 Mil. Hence, Ravinder Heights's Receivables Turnover for the three months ended in Dec. 2024 was 66.71.

Ravinder Heights Receivables Turnover Historical Data

The historical data trend for Ravinder Heights'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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Ravinder Heights Receivables Turnover Chart

Ravinder Heights Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

0.86

1.35

2,508.85

776.88

Ravinder Heights Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															56.89	-	-	68.33	66.71

Competitive Comparison of Ravinder Heights's Receivables Turnover

For the Real Estate - Development subindustry, Ravinder Heights'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.

Ravinder Heights's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ravinder Heights's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ravinder Heights's Receivables Turnover falls into.

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Ravinder Heights Receivables Turnover Calculation

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

Ravinder Heights'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 )
=	6.215	/ (	(0.008	+	0)	/	1 )
=	6.215	/	0.008
=	776.88

Ravinder Heights'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 )
=	1.401	/ (	(0.021	+	0)	/	1 )
=	1.401	/	0.021
=	66.71

Ravinder Heights (NSE:RVHL) 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.

Ravinder Heights Receivables Turnover Related Terms

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Ravinder Heights Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ravinder Heights Ltd (NSE:RVHL) » Definitions » Receivables Turnover

Traded in Other Exchanges

543251:India

Address

Barakhamba Road, 7th Floor, DCM Building 16, New Delhi, IND, 110001

Website

https://ravinderheights.com/rvhl/

Ravinder Heights Ltd is engaged in the business of acquisition, construction, and development of townships built-up infrastructure, housing, commercial premises, hotels, resorts, hospitals, educational institutions, recreational facilities, city, and regional-level infrastructure. The company operates in only one segment which is real estate development and leasing.

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