Total Transport Systems (NSE:TOTAL) Receivables Turnover : 1.29 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Total Transport Systems 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. Total Transport Systems's Revenue for the three months ended in Sep. 2023 was ₹1,115 Mil. Total Transport Systems's average Accounts Receivable for the three months ended in Sep. 2023 was ₹864 Mil. Hence, Total Transport Systems's Receivables Turnover for the three months ended in Sep. 2023 was 1.29.

Total Transport Systems Receivables Turnover Historical Data

The historical data trend for Total Transport Systems'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.

Total Transport Systems Receivables Turnover Chart

Total Transport Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

4.58

4.54

3.30

6.47

6.88

Total Transport Systems Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															1.72	1.75	-	1.64	1.29

Competitive Comparison of Total Transport Systems's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Total Transport Systems'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.

Total Transport Systems's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Total Transport Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Total Transport Systems's Receivables Turnover falls into.

Total Transport Systems Receivables Turnover Calculation

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

Total Transport Systems's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	5902.722	/ (	(1022	+	694.746)	/	2 )
=	5902.722	/	858.373
=	6.88

Total Transport Systems's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	1114.588	/ (	(0	+	864.14)	/	1 )
=	1114.588	/	864.14
=	1.29

Total Transport Systems (NSE:TOTAL) 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.

Total Transport Systems Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Total Transport Systems's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Total Transport Systems (NSE:TOTAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Total Transport Systems Ltd (NSE:TOTAL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

T Square Building, Saki Vihar Road, 7th Floor, Chandivali Junction, Andheri (East), Opposite Chandivali Petrol Pump, Mumbai, MH, IND, 400072

Website

http://www.ttspl.in

Total Transport Systems Ltd is engaged in the logistics business. The company is engaged in the business of consolidation/deconsolidation of cargo, freight forwarding, logistics, warehousing, and transportation. The company provides various services such as CFS Operations, LCL Services, Project Cargo Movement, Air services, Specialised services, and others. Its segments include Multimodal transport operations and Last mile delivery operations of which key revenue is generated from the Multimodal transport operations segment involving non-vessel owing common carrier operations related to less than container load consolidation and full container load forwarding activities in India and across the globe.

Total Transport Systems (NSE:TOTAL) Headlines

No Headlines