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Rodium Realty (BOM:531822) Receivables Turnover : 1.29 (As of Mar. 2024)


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What is Rodium Realty 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. Rodium Realty's Revenue for the three months ended in Mar. 2024 was ₹220.9 Mil. Rodium Realty's average Accounts Receivable for the three months ended in Mar. 2024 was ₹170.6 Mil. Hence, Rodium Realty's Receivables Turnover for the three months ended in Mar. 2024 was 1.29.


Rodium Realty Receivables Turnover Historical Data

The historical data trend for Rodium Realty'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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Rodium Realty Receivables Turnover Chart

Rodium Realty 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 3.87 1.08 1.11 3.43 3.07

Rodium Realty 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 1.29 0.45 1.01 1.43 1.29

Competitive Comparison of Rodium Realty's Receivables Turnover

For the Real Estate - Diversified subindustry, Rodium Realty'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.


Rodium Realty's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rodium Realty's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Rodium Realty's Receivables Turnover falls into.



Rodium Realty Receivables Turnover Calculation

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

Rodium Realty'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 )
=475.504 / ((139.214 + 170.609) / 2 )
=475.504 / 154.9115
=3.07

Rodium Realty'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 )
=220.904 / ((0 + 170.609) / 1 )
=220.904 / 170.609
=1.29

* 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.


Rodium Realty  (BOM:531822) 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.


Rodium Realty Receivables Turnover Related Terms

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Rodium Realty (BOM:531822) Business Description

Traded in Other Exchanges
N/A
Address
Off Link Road, 401/402/501, X Cube, Plot No. 636, Opposite to Fun Republic Theater, Andheri (West), Mumbai, MH, IND, 400 053
Rodium Realty Ltd is an India-based company engaged in real estate development projects and the construction of buildings. Its property development projects include activities starting from the conceptualization stage to the completion stage. It offers services including realty development and redevelopment, design and project management, and property management.

Rodium Realty (BOM:531822) Headlines

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