Reliance Home Finance (BOM:540709) Receivables Turnover : 0.00 (As of Mar. 2024)

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What is Reliance Home Finance 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. Reliance Home Finance's Revenue for the three months ended in Mar. 2024 was ₹1.76 Mil. Reliance Home Finance's average Accounts Receivable for the three months ended in Mar. 2024 was ₹0.00 Mil.

Reliance Home Finance Receivables Turnover Historical Data

The historical data trend for Reliance Home Finance'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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Reliance Home Finance Receivables Turnover Chart

Reliance Home Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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23.96

8.93

32.62

Reliance Home Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Reliance Home Finance's Receivables Turnover

For the Mortgage Finance subindustry, Reliance Home Finance'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.

Reliance Home Finance's Receivables Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Reliance Home Finance's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Reliance Home Finance's Receivables Turnover falls into.

Reliance Home Finance Receivables Turnover Calculation

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

Reliance Home Finance'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 )
=	6.181	/ (	(0	+	0)	/	1 )
=	6.181	/	0
=	N/A

Reliance Home Finance'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 )
=	1.756	/ (	(0	+	0)	/	1 )
=	1.756	/	0
=	N/A

Reliance Home Finance (BOM:540709) 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.

Reliance Home Finance Receivables Turnover Related Terms

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Reliance Home Finance (BOM:540709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Reliance Home Finance Ltd (BOM:540709) » Definitions » Receivables Turnover

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RHFL:India

Address

The Ruby, Senapati Bapat Marg, North-West Wing, Plot No. 29, 11th Floor, Dadar West, Mumbai, MH, IND, 400 028

Website

https://www.reliancehomefinance.com

Reliance Home Finance Ltd is an India-based company engaged in the housing finance business. It provides a range of housing finance solutions such as home loans, affordable housing loans, loan against property, and construction finance. In addition, it also provides property solutions service. The company derives key revenue from the interest received from housing and other loans. The business operations of the company are carried out in India.

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