GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dharni Capital Services Ltd (BOM:543753) » Definitions » Receivables Turnover

Dharni Capital Services (BOM:543753) Receivables Turnover : 40.83 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Dharni Capital 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. Dharni Capital Services's Revenue for the six months ended in Sep. 2024 was ₹29.21 Mil. Dharni Capital Services's average Accounts Receivable for the six months ended in Sep. 2024 was ₹0.72 Mil. Hence, Dharni Capital Services's Receivables Turnover for the six months ended in Sep. 2024 was 40.83.

Dharni Capital Services Receivables Turnover Historical Data

The historical data trend for Dharni Capital 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.

* Premium members only.

Dharni Capital Services Receivables Turnover Chart

Dharni Capital Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
16.48 212.84 72.47 44.78 123.84

Dharni Capital Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Receivables Turnover Get a 7-Day Free Trial 28.80 293.56 65.11 25.84 40.83

Competitive Comparison of Dharni Capital Services's Receivables Turnover

For the Asset Management subindustry, Dharni Capital 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.

Dharni Capital Services's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dharni Capital Services's Receivables Turnover distribution charts can be found below:

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


Dharni Capital Services Receivables Turnover Calculation

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

Dharni Capital Services'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 )
=81.981 / ((0.078 + 1.246) / 2 )
=81.981 / 0.662
=123.84

Dharni Capital Services's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=29.213 / ((1.246 + 0.185) / 2 )
=29.213 / 0.7155
=40.83

* 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.

Dharni Capital Services  (BOM:543753) 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.

Dharni Capital Services Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Dharni Capital Services's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Dharni Capital Services Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dharni Capital Services Ltd (BOM:543753) » Definitions » Receivables Turnover
Comparable Companies
BOM:537069 BOM:512591 BOM:511549 NSE:LFIC BOM:540455 BOM:531723 BOM:526237 BOM:531340 BOM:539091 BOM:511169 BLK KKR BX APO TSX:BN OSTO:INVE A AMP LSE:III ARES XSWX:PGHN
Traded in Other Exchanges
N/A
Address
Old Airport road, 816, 7th Floor Oxford towers, Kodihallli, Bangaluru, KA, IND, 560008
Website
https://www.dharnicapital.com
Dharni Capital Services Ltd is a one-stop shop for all financial services requirements, with a special focus on Investment Advisory Services. The company strives to cater to various financial needs, including but not limited to Investment Management, Financial Planning, Income Tax, Accounting, and Business Advisory services. The company's revenue includes offering Diversified Financial services such as Mutual Fund Distribution services and Fixed Deposit Distribution services, Real Estate Brokerage services and Technical Consultancy and Outsourcing services and also offers a technology-enabled, comprehensive Investment and Financial services platform with end-to-end solutions critical for financial product distribution and presence across both online and offline channels.

Dharni Capital Services Headlines

No Headlines