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Reliance Infrastructure (Reliance Infrastructure) Receivables Turnover : 1.16 (As of Dec. 2023)


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What is Reliance Infrastructure 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. Reliance Infrastructure's Revenue for the three months ended in Dec. 2023 was $559 Mil. Reliance Infrastructure's average Accounts Receivable for the three months ended in Dec. 2023 was $481 Mil. Hence, Reliance Infrastructure's Receivables Turnover for the three months ended in Dec. 2023 was 1.16.


Reliance Infrastructure Receivables Turnover Historical Data

The historical data trend for Reliance Infrastructure'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.

Reliance Infrastructure Receivables Turnover Chart

Reliance Infrastructure Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 3.78 3.70 4.75 6.72

Reliance Infrastructure Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.75 1.84 2.70 1.79 1.16

Competitive Comparison of Reliance Infrastructure's Receivables Turnover

For the Utilities - Independent Power Producers subindustry, Reliance Infrastructure'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.


Reliance Infrastructure's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Infrastructure's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Reliance Infrastructure's Receivables Turnover falls into.



Reliance Infrastructure Receivables Turnover Calculation

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

Reliance Infrastructure'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 )
=2479.655 / ((487.798 + 250.37) / 2 )
=2479.655 / 369.084
=6.72

Reliance Infrastructure's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=559.412 / ((481.252 + 0) / 1 )
=559.412 / 481.252
=1.16

* 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.


Reliance Infrastructure  (OTCPK:RELFF) 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.


Reliance Infrastructure Receivables Turnover Related Terms

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Reliance Infrastructure (Reliance Infrastructure) Business Description

Traded in Other Exchanges
Address
19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Mumbai, MH, IND, 400001
Reliance Infrastructure Ltd, or RInfra, is an Indian company operating in the country's utilities and infrastructure sectors. The company segments its activities into 'Power', 'Engineering and Construction' (E&C) and 'Infrastructure. Reliance Infrastructure's revenue is derived from electricity sales and transmission charges issued by its Power division. This unit is involved in the generation, transmission, distribution, and trading of energy in India. RInfra's Power Business utilizes thermal power plants that operate on natural gas and coal to then distribute electricity to urban markets, such as Mumbai and Delhi. The company's EPC division also generates substantial income through contracts with entities in India's power and road sectors.

Reliance Infrastructure (Reliance Infrastructure) Headlines

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