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IndiaMART InterMESH (BOM:542726) Receivables Turnover : 65.56 (As of Mar. 2024)


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What is IndiaMART InterMESH 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. IndiaMART InterMESH's Revenue for the three months ended in Mar. 2024 was ₹3,147 Mil. IndiaMART InterMESH's average Accounts Receivable for the three months ended in Mar. 2024 was ₹48 Mil. Hence, IndiaMART InterMESH's Receivables Turnover for the three months ended in Mar. 2024 was 65.56.


IndiaMART InterMESH Receivables Turnover Historical Data

The historical data trend for IndiaMART InterMESH'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.

IndiaMART InterMESH Receivables Turnover Chart

IndiaMART InterMESH 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 510.67 432.11 585.23 235.15 201.91

IndiaMART InterMESH 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 38.10 39.99 64.07 66.37 65.56

Competitive Comparison of IndiaMART InterMESH's Receivables Turnover

For the Internet Content & Information subindustry, IndiaMART InterMESH'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.


IndiaMART InterMESH's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, IndiaMART InterMESH's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where IndiaMART InterMESH's Receivables Turnover falls into.



IndiaMART InterMESH Receivables Turnover Calculation

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

IndiaMART InterMESH'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 )
=11968 / ((70.55 + 48) / 2 )
=11968 / 59.275
=201.91

IndiaMART InterMESH'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 )
=3147 / ((0 + 48) / 1 )
=3147 / 48
=65.56

* 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.


IndiaMART InterMESH  (BOM:542726) 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.


IndiaMART InterMESH Receivables Turnover Related Terms

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IndiaMART InterMESH (BOM:542726) Business Description

Traded in Other Exchanges
Address
Assotech Business Cresterra, 6th Floor, Tower 2, Plot No. 22, Sector 135, Noida, UP, IND, 201305
IndiaMART InterMESH Ltd operates as an online B2B marketplace for business products and services. It serves as a platform for Small and Medium Enterprises (SMEs), Large Enterprises as well as individuals. Geographically, it derives a majority of revenue from India. It earns revenue primarily through the sale of subscription packages.

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