GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AMJ Land Holdings Ltd (BOM:500343) » Definitions » Receivables Turnover

AMJ Land Holdings (BOM:500343) Receivables Turnover : 6.27 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is AMJ Land Holdings 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. AMJ Land Holdings's Revenue for the three months ended in Dec. 2023 was ₹209.9 Mil. AMJ Land Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was ₹33.5 Mil. Hence, AMJ Land Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 6.27.


AMJ Land Holdings Receivables Turnover Historical Data

The historical data trend for AMJ Land Holdings'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.

AMJ Land Holdings Receivables Turnover Chart

AMJ Land Holdings 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 5.25 23.23 64.94 8.11 8.72

AMJ Land Holdings 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 4.88 11.15 8.63 5.08 6.27

Competitive Comparison of AMJ Land Holdings's Receivables Turnover

For the Real Estate - Development subindustry, AMJ Land Holdings'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.


AMJ Land Holdings's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AMJ Land Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AMJ Land Holdings's Receivables Turnover falls into.



AMJ Land Holdings Receivables Turnover Calculation

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

AMJ Land Holdings'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 )
=353.42 / ((68.988 + 12.044) / 2 )
=353.42 / 40.516
=8.72

AMJ Land Holdings'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 )
=209.922 / ((33.494 + 0) / 1 )
=209.922 / 33.494
=6.27

* 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.


AMJ Land Holdings  (BOM:500343) 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.


AMJ Land Holdings Receivables Turnover Related Terms

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


AMJ Land Holdings (BOM:500343) Business Description

Traded in Other Exchanges
Address
No. 60, Dr. V.B. Gandhi Marg, Jatia Chambers, Kalaghoda, Fort, Mumbai, MH, IND, 400023
AMJ Land Holdings Ltd is an Indian real estate development company. The company is also engaged in the business of leasing real estate, generation, and sale of power at its Wind power plants. The group operates in the business segments of Real estate business and Wind power generation. The company derives a majority of its revenue from the Real estate business division. The revenue earned by the company is generated within India.

AMJ Land Holdings (BOM:500343) Headlines

No Headlines