Dhyaani Tradeventtures (BOM:543516) Receivables Turnover : 0.58 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Dhyaani Tradeventtures 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. Dhyaani Tradeventtures's Revenue for the six months ended in Sep. 2023 was ₹105.0 Mil. Dhyaani Tradeventtures's average Accounts Receivable for the six months ended in Sep. 2023 was ₹180.8 Mil. Hence, Dhyaani Tradeventtures's Receivables Turnover for the six months ended in Sep. 2023 was 0.58.

Dhyaani Tradeventtures Receivables Turnover Historical Data

The historical data trend for Dhyaani Tradeventtures'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.

Dhyaani Tradeventtures Receivables Turnover Chart

Dhyaani Tradeventtures Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

0.95

0.60

1.30

2.39

0.76

Dhyaani Tradeventtures Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial			0.89	0.70	0.63	0.33	0.58

Competitive Comparison of Dhyaani Tradeventtures's Receivables Turnover

For the Building Products & Equipment subindustry, Dhyaani Tradeventtures'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.

Dhyaani Tradeventtures's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dhyaani Tradeventtures's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dhyaani Tradeventtures's Receivables Turnover falls into.

Dhyaani Tradeventtures Receivables Turnover Calculation

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

Dhyaani Tradeventtures'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 )
=	92.253	/ (	(108.827	+	132.512)	/	2 )
=	92.253	/	120.6695
=	0.76

Dhyaani Tradeventtures'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: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	104.965	/ (	(132.512	+	228.993)	/	2 )
=	104.965	/	180.7525
=	0.58

Dhyaani Tradeventtures (BOM:543516) 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.

Dhyaani Tradeventtures Receivables Turnover Related Terms

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

Dhyaani Tradeventtures (BOM:543516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dhyaani Tradeventtures Ltd (BOM:543516) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Thaltej-Shilaj Road, 420, Times Square Arcade, Opposite Rambaug, Near Rajiv Plaza, Ahmedabad, GJ, IND, 380059

Website

https://www.dhyaaniinc.com

Dhyaani Tradeventtures Ltd formerly Dhyaani Tile And Marblez Ltd is engaged in the business of trading of vitrified tiles used primarily for flooring solutions.

Dhyaani Tradeventtures (BOM:543516) Headlines

No Headlines