GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Alacrity Securities Ltd (BOM:535916) » Definitions » Receivables Turnover

Alacrity Securities (BOM:535916) Receivables Turnover : 189.61 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Alacrity Securities 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. Alacrity Securities's Revenue for the six months ended in Mar. 2024 was ₹2,163 Mil. Alacrity Securities's average Accounts Receivable for the six months ended in Mar. 2024 was ₹11 Mil. Hence, Alacrity Securities's Receivables Turnover for the six months ended in Mar. 2024 was 189.61.


Alacrity Securities Receivables Turnover Historical Data

The historical data trend for Alacrity Securities'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.

Alacrity Securities Receivables Turnover Chart

Alacrity Securities 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 181.72 252.68 1,028.94 1,825.61 299.83

Alacrity Securities Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 460.31 999.10 19,044.19 24,737.84 189.61

Competitive Comparison of Alacrity Securities's Receivables Turnover

For the Capital Markets subindustry, Alacrity Securities'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.


Alacrity Securities's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Alacrity Securities's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alacrity Securities's Receivables Turnover falls into.



Alacrity Securities Receivables Turnover Calculation

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

Alacrity Securities'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 )
=3412.03 / ((0.024 + 22.736) / 2 )
=3412.03 / 11.38
=299.83

Alacrity Securities'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: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2162.769 / ((0.077 + 22.736) / 2 )
=2162.769 / 11.4065
=189.61

* 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.


Alacrity Securities  (BOM:535916) 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.


Alacrity Securities Receivables Turnover Related Terms

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


Alacrity Securities (BOM:535916) Business Description

Traded in Other Exchanges
N/A
Address
Bhogilal Phadia Road, 101-102/8, Hari Darshan Building, Near SVP Primary School, Kandivali (West), Mumbai, MH, IND, 400067
Alacrity Securities Ltd provides financial services. The company's services include equity services including equity broking and portfolio management services. It has an Equity and Futures and Options Segment providing services to HNI Clients and small Investors.

Alacrity Securities (BOM:535916) Headlines

No Headlines