GCM Commodity & Derivatives (BOM:535917) Receivables Turnover : 0.23 (As of Mar. 2024)

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What is GCM Commodity & Derivatives 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. GCM Commodity & Derivatives's Revenue for the six months ended in Mar. 2024 was ₹21.41 Mil. GCM Commodity & Derivatives's average Accounts Receivable for the six months ended in Mar. 2024 was ₹91.37 Mil. Hence, GCM Commodity & Derivatives's Receivables Turnover for the six months ended in Mar. 2024 was 0.23.

GCM Commodity & Derivatives Receivables Turnover Historical Data

The historical data trend for GCM Commodity & Derivatives'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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GCM Commodity & Derivatives Receivables Turnover Chart

GCM Commodity & Derivatives Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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0.01

0.32

GCM Commodity & Derivatives Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															-	-	-	0.05	0.23

Competitive Comparison of GCM Commodity & Derivatives's Receivables Turnover

For the Capital Markets subindustry, GCM Commodity & Derivatives'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.

GCM Commodity & Derivatives's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GCM Commodity & Derivatives's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GCM Commodity & Derivatives's Receivables Turnover falls into.

GCM Commodity & Derivatives Receivables Turnover Calculation

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

GCM Commodity & Derivatives'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 )
=	29.671	/ (	(169.389	+	18.945)	/	2 )
=	29.671	/	94.167
=	0.32

GCM Commodity & Derivatives'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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	21.405	/ (	(163.799	+	18.945)	/	2 )
=	21.405	/	91.372
=	0.23

GCM Commodity & Derivatives (BOM:535917) 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.

GCM Commodity & Derivatives Receivables Turnover Related Terms

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GCM Commodity & Derivatives (BOM:535917) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GCM Commodity & Derivatives Ltd (BOM:535917) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

214 Free Press Journal Marg, 805, Raheja Centre, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.gcmcommo.co.in

GCM Commodity & Derivatives Ltd is an Indian company engaged in the business of trading and investments in equity shares and securities. The company carries out its trading and investment activities in both the FNO and Equity segments of the National Stock Exchange and Bombay Stock Exchange. It is engaged in the business of investing in National spot exchange limited (NSEL) investment products for arbitrage opportunities and commodity broking. The company also provides commodity broking facilities through its membership in NSEL. The Company is also in the money lending business.

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