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Suvidhaa Infoserve (NSE:SUVIDHAA) Receivables Turnover : 0.12 (As of Dec. 2024)


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What is Suvidhaa Infoserve 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. Suvidhaa Infoserve's Revenue for the three months ended in Dec. 2024 was ₹12.8 Mil. Suvidhaa Infoserve's average Accounts Receivable for the three months ended in Dec. 2024 was ₹106.7 Mil. Hence, Suvidhaa Infoserve's Receivables Turnover for the three months ended in Dec. 2024 was 0.12.


Suvidhaa Infoserve Receivables Turnover Historical Data

The historical data trend for Suvidhaa Infoserve'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.

Suvidhaa Infoserve Receivables Turnover Chart

Suvidhaa Infoserve Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial 10.92 5.08 3.26 3.49 0.84

Suvidhaa Infoserve 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.21 0.42 0.32 0.12

Competitive Comparison of Suvidhaa Infoserve's Receivables Turnover

For the Information Technology Services subindustry, Suvidhaa Infoserve'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.


Suvidhaa Infoserve's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Suvidhaa Infoserve's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Suvidhaa Infoserve's Receivables Turnover falls into.


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Suvidhaa Infoserve Receivables Turnover Calculation

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

Suvidhaa Infoserve'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 )
=76.09 / ((78.84 + 101.65) / 2 )
=76.09 / 90.245
=0.84

Suvidhaa Infoserve'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 )
=12.8 / ((106.7 + 0) / 1 )
=12.8 / 106.7
=0.12

* 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.


Suvidhaa Infoserve  (NSE:SUVIDHAA) 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.


Suvidhaa Infoserve Receivables Turnover Related Terms

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Suvidhaa Infoserve Business Description

Traded in Other Exchanges
Address
Mahakali Caves Road, 14, Olympus Industrial Estate, Andheri (East), Mumbai, MH, IND, 400 093
Suvidhaa Infoserve Ltd a is engaged in the business of providing marketplace technology services to small retail outlets (SMEs and MSMEs) to drive more customers to their physical stores. The company operates in one business segment which is E-commerce including payment services, trading of product, financial services under S-commerce, website development and maintenance, and related ancillary services. The company offers services including insurance, mutual funds, utility payments, travel ticketing as well as other retail products and services to their walk-in customers.

Suvidhaa Infoserve Headlines

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