Lloyds Luxuries (NSE:LLOYDS) Receivables Turnover : 20.96 (As of Sep. 2023)

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What is Lloyds Luxuries 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. Lloyds Luxuries's Revenue for the six months ended in Sep. 2023 was ₹184.3 Mil. Lloyds Luxuries's average Accounts Receivable for the six months ended in Sep. 2023 was ₹8.8 Mil. Hence, Lloyds Luxuries's Receivables Turnover for the six months ended in Sep. 2023 was 20.96.

Lloyds Luxuries Receivables Turnover Historical Data

The historical data trend for Lloyds Luxuries'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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Lloyds Luxuries Receivables Turnover Chart

Lloyds Luxuries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

37.07

22.91

29.02

53.66

Lloyds Luxuries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial			-	-	26.72	26.93	20.96

Competitive Comparison of Lloyds Luxuries's Receivables Turnover

For the Personal Services subindustry, Lloyds Luxuries'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.

Lloyds Luxuries's Receivables Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Lloyds Luxuries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lloyds Luxuries's Receivables Turnover falls into.

Lloyds Luxuries Receivables Turnover Calculation

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

Lloyds Luxuries'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 )
=	337.45	/ (	(5.845	+	6.732)	/	2 )
=	337.45	/	6.2885
=	53.66

Lloyds Luxuries's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	184.256	/ (	(6.732	+	10.852)	/	2 )
=	184.256	/	8.792
=	20.96

Lloyds Luxuries (NSE:LLOYDS) 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.

Lloyds Luxuries Receivables Turnover Related Terms

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Lloyds Luxuries (NSE:LLOYDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Lloyds Luxuries Ltd (NSE:LLOYDS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pandurang Budhkar Marg, B2, Unit No. 3, 2nd Floor, Madhu Estate, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.lloydsluxuries.in

Lloyds Luxuries Ltd is an organized player of salon services and beauty products in India, focused on grooming men to perfection. The company owns an exclusive franchisee of Truefitt & Hill, which is an international brand offering a wide range of beauty products and salon services for men through luxury barbershops operating across many countries.

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