Shree OSFM E-Mobility (NSE:SHREEOSFM) Receivables Turnover : 4.14 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Shree OSFM E-Mobility 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. Shree OSFM E-Mobility's Revenue for the six months ended in Sep. 2024 was ₹680 Mil. Shree OSFM E-Mobility's average Accounts Receivable for the six months ended in Sep. 2024 was ₹164 Mil. Hence, Shree OSFM E-Mobility's Receivables Turnover for the six months ended in Sep. 2024 was 4.14.

Shree OSFM E-Mobility Receivables Turnover Historical Data

The historical data trend for Shree OSFM E-Mobility'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.

* Premium members only.

Shree OSFM E-Mobility Receivables Turnover Chart

Shree OSFM E-Mobility Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

3.98

4.55

9.06

7.61

Shree OSFM E-Mobility Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial			-	-	4.52	3.97	4.14

Competitive Comparison of Shree OSFM E-Mobility's Receivables Turnover

For the Rental & Leasing Services subindustry, Shree OSFM E-Mobility'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.

Shree OSFM E-Mobility's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shree OSFM E-Mobility's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shree OSFM E-Mobility's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Shree OSFM E-Mobility Receivables Turnover Calculation

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

Shree OSFM E-Mobility'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 )
=	1181.891	/ (	(121.311	+	189.323)	/	2 )
=	1181.891	/	155.317
=	7.61

Shree OSFM E-Mobility's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	679.722	/ (	(189.323	+	139.382)	/	2 )
=	679.722	/	164.3525
=	4.14

Shree OSFM E-Mobility (NSE:SHREEOSFM) 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.

Shree OSFM E-Mobility Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Shree OSFM E-Mobility's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Shree OSFM E-Mobility Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shree OSFM E-Mobility Ltd (NSE:SHREEOSFM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

104, A-Wing, Green Park, Plot No. 2 & 3, Opp. Ghansoli Railway Station, Sector 3, Navi Mumbai, Ghansoli, MH, IND, 400701

Website

https://www.shreeosfm.com

Shree OSFM E-Mobility Ltd is engaged in providing employee transportation services. It is a vehicle rental company with a variety of vehicles such as Small cars, Sedans, SUVs, Luxury Cars, and Buses. It operates in 42 sites spread across Mumbai, Navi Mumbai, Pune, Bengaluru, Hyderabad, Delhi and Kolkata.

Shree OSFM E-Mobility Headlines

No Headlines