Dreamfolks Services (NSE:DREAMFOLKS) Receivables Turnover : 0.98 (As of Dec. 2023)

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What is Dreamfolks Services 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. Dreamfolks Services's Revenue for the three months ended in Dec. 2023 was ₹3,051 Mil. Dreamfolks Services's average Accounts Receivable for the three months ended in Dec. 2023 was ₹3,129 Mil. Hence, Dreamfolks Services's Receivables Turnover for the three months ended in Dec. 2023 was 0.98.

Dreamfolks Services Receivables Turnover Historical Data

The historical data trend for Dreamfolks Services'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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Dreamfolks Services Receivables Turnover Chart

Dreamfolks Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

5.36

1.95

4.34

5.29

Dreamfolks Services Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial							1.28	1.18	1.32	0.90	0.98

Competitive Comparison of Dreamfolks Services's Receivables Turnover

For the Airports & Air Services subindustry, Dreamfolks Services'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.

Dreamfolks Services's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dreamfolks Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dreamfolks Services's Receivables Turnover falls into.

Dreamfolks Services Receivables Turnover Calculation

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

Dreamfolks Services's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	7732.52	/ (	(906.56	+	2018.89)	/	2 )
=	7732.52	/	1462.725
=	5.29

Dreamfolks Services's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	3050.63	/ (	(3128.8	+	0)	/	1 )
=	3050.63	/	3128.8
=	0.98

Dreamfolks Services (NSE:DREAMFOLKS) 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.

Dreamfolks Services Receivables Turnover Related Terms

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Dreamfolks Services (NSE:DREAMFOLKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dreamfolks Services Ltd (NSE:DREAMFOLKS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

543591:India

Address

501, Tower 2, Fifth Floor, Worldmark, Sector-65, Gurugram, HR, IND, 122 018

Website

https://www.dreamfolks.in

Dreamfolks Services Ltd is an airport service aggregator platform, an incubator of the industry with its, asset light, capital efficient business model. DreamFolks' provides services to all the Card Networks operating in India including Visa, Mastercard, Diners/Discover and RuPay; and many of India's prominent Card Issuers. It provides with access to a host of services: from door-step to the airport, within the airport, and again from the airport to the door-step at the destination, including Lounges, Food and Beverage, Spa, Meet and Assist, Airport Transfer, Transit Hotels/Nap Room access, and Baggage Transfer.

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