Crest Ventures (BOM:511413) Receivables Turnover : 10.36 (As of Mar. 2024)

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What is Crest Ventures 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. Crest Ventures's Revenue for the three months ended in Mar. 2024 was ₹398 Mil. Crest Ventures's average Accounts Receivable for the three months ended in Mar. 2024 was ₹38 Mil. Hence, Crest Ventures's Receivables Turnover for the three months ended in Mar. 2024 was 10.36.

Crest Ventures Receivables Turnover Historical Data

The historical data trend for Crest Ventures'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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Crest Ventures Receivables Turnover Chart

Crest Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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14.74

12.56

13.54

17.34

33.12

Crest Ventures 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															4.48	4.32	12.23	10.22	10.36

Competitive Comparison of Crest Ventures's Receivables Turnover

For the Financial Conglomerates subindustry, Crest Ventures'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.

Crest Ventures's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crest Ventures's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Crest Ventures's Receivables Turnover falls into.

Crest Ventures Receivables Turnover Calculation

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

Crest Ventures'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 )
=	1754.894	/ (	(67.499	+	38.46)	/	2 )
=	1754.894	/	52.9795
=	33.12

Crest Ventures'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 )
=	398.41	/ (	(0	+	38.46)	/	1 )
=	398.41	/	38.46
=	10.36

Crest Ventures (BOM:511413) 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.

Crest Ventures Receivables Turnover Related Terms

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Crest Ventures (BOM:511413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Crest Ventures Ltd (BOM:511413) » Definitions » Receivables Turnover

Traded in Other Exchanges

CREST:India

Address

111, Maker Chambers IV, Nariman Point, 11th Floor, Mumbai, MH, IND, 400021

Website

https://www.crest.co.in

Crest Ventures Ltd is a non-banking finance company. Its operating segment includes Broking and intermediary activities; Real estate and related activities; Investing and financial activities and Others. Broking and intermediary services includes broking and related intermediary services in the wholesale debt market, foreign exchange markets, options and swaps, mutual fund and portfolio management services. Investing and financial services of the group includes investing in subsidiary, associates , joint ventures and other entities, dealing in fixed income securities market and advancing of inter-corporate loans.

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