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Vidli Restaurants (BOM:539659) Receivables Turnover : 2.84 (As of Mar. 2024)


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What is Vidli Restaurants 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. Vidli Restaurants's Revenue for the three months ended in Mar. 2024 was ₹85.5 Mil. Vidli Restaurants's average Accounts Receivable for the three months ended in Mar. 2024 was ₹30.1 Mil. Hence, Vidli Restaurants's Receivables Turnover for the three months ended in Mar. 2024 was 2.84.


Vidli Restaurants Receivables Turnover Historical Data

The historical data trend for Vidli Restaurants'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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Vidli Restaurants Receivables Turnover Chart

Vidli Restaurants Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 6.49 3.19 6.34 12.65 10.61

Vidli Restaurants Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 2.81 2.75 2.21 2.97 2.84

Competitive Comparison of Vidli Restaurants's Receivables Turnover

For the Restaurants subindustry, Vidli Restaurants'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.


Vidli Restaurants's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Vidli Restaurants's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vidli Restaurants's Receivables Turnover falls into.



Vidli Restaurants Receivables Turnover Calculation

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

Vidli Restaurants'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 )
=293.057 / ((25.124 + 30.143) / 2 )
=293.057 / 27.6335
=10.61

Vidli Restaurants'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 )
=85.482 / ((0 + 30.143) / 1 )
=85.482 / 30.143
=2.84

* 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.


Vidli Restaurants  (BOM:539659) 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.


Vidli Restaurants Receivables Turnover Related Terms

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Vidli Restaurants (BOM:539659) Business Description

Traded in Other Exchanges
N/A
Address
LBS Road, D-09, Neptune Living Point, Eastern Business District, Bhandup West, Mumbai, MH, IND, 400078
Vidli Restaurants Ltd is an India-based firm. The company is engaged in serving food items in a quick-serve format at various outlets on national highways, state highways, and cities. The company possesses market recognition under the brand name Kamats. Most of its revenue is earned from the Indian market.

Vidli Restaurants (BOM:539659) Headlines

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