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Upsurge Investment & Finance (BOM:531390) Receivables Turnover : 1,045.68 (As of Mar. 2024)


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What is Upsurge Investment & Finance 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. Upsurge Investment & Finance's Revenue for the three months ended in Mar. 2024 was ₹185.1 Mil. Upsurge Investment & Finance's average Accounts Receivable for the three months ended in Mar. 2024 was ₹0.2 Mil. Hence, Upsurge Investment & Finance's Receivables Turnover for the three months ended in Mar. 2024 was 1,045.68.


Upsurge Investment & Finance Receivables Turnover Historical Data

The historical data trend for Upsurge Investment & Finance'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.

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Upsurge Investment & Finance Receivables Turnover Chart

Upsurge Investment & Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.11 181.27 94.00 57.09 2,749.81

Upsurge Investment & Finance 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 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 - - 461.33 804.99 1,045.68

Competitive Comparison of Upsurge Investment & Finance's Receivables Turnover

For the Capital Markets subindustry, Upsurge Investment & Finance'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.


Upsurge Investment & Finance's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Upsurge Investment & Finance's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Upsurge Investment & Finance's Receivables Turnover falls into.



Upsurge Investment & Finance Receivables Turnover Calculation

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

Upsurge Investment & Finance's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=486.716 / ((0 + 0.177) / 1 )
=486.716 / 0.177
=2,749.81

Upsurge Investment & Finance's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=185.086 / ((0 + 0.177) / 1 )
=185.086 / 0.177
=1,045.68

* 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.


Upsurge Investment & Finance  (BOM:531390) 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.


Upsurge Investment & Finance Receivables Turnover Related Terms

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Upsurge Investment & Finance (BOM:531390) Business Description

Traded in Other Exchanges
N/A
Address
Off New Link Road, Behind Crystal Plaza, Office No. 303, Morya Landmark-I, Andheri (West), Mumbai, MH, IND, 400053
Upsurge Investment & Finance Ltd is a non-banking finance company. It is mainly engaged in the business of investment and finance. In addition, the company is actively investing in primary and secondary markets. The company operates mainly in the business segment of fund based financing activity. It provides a wide range of services including corporate finance, gold loans, real estate mortgage finance, and loans against shares and securities.

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