Lee & Nee Softwares (Exports) (BOM:517415) Receivables Turnover : 7.20 (As of Mar. 2024)

Lee & Nee Softwares (Exports) Receivables Turnover Chart

Lee & Nee Softwares (Exports) Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Receivables Turnover		Get a 7-Day Free Trial					21.56	17.81	18.18	24.38	28.31

Lee & Nee Softwares (Exports) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															5.96	7.02	7.47	7.44	7.20

Competitive Comparison of Lee & Nee Softwares (Exports)'s Receivables Turnover

For the Information Technology Services subindustry, Lee & Nee Softwares (Exports)'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.

Lee & Nee Softwares (Exports)'s Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Lee & Nee Softwares (Exports)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lee & Nee Softwares (Exports)'s Receivables Turnover falls into.

Lee & Nee Softwares (Exports) Receivables Turnover Calculation

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

Lee & Nee Softwares (Exports)'s Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Lee & Nee Softwares (Exports)'s Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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.

Lee & Nee Softwares (Exports)  (BOM:517415) 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.

Lee & Nee Softwares (Exports) Receivables Turnover Related Terms

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Lee & Nee Softwares (Exports) (BOM:517415) Business Description