Easy Trip Planners (BOM:543272) Receivables Turnover : 0.82 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Easy Trip Planners 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. Easy Trip Planners's Revenue for the three months ended in Dec. 2023 was ₹1,608 Mil. Easy Trip Planners's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,955 Mil. Hence, Easy Trip Planners's Receivables Turnover for the three months ended in Dec. 2023 was 0.82.

Easy Trip Planners Receivables Turnover Historical Data

The historical data trend for Easy Trip Planners'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.

Easy Trip Planners Receivables Turnover Chart

Easy Trip Planners Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

2.43

3.66

6.70

4.30

Easy Trip Planners Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial											1.38	0.75	0.80	0.72	0.82

Competitive Comparison of Easy Trip Planners's Receivables Turnover

For the Travel Services subindustry, Easy Trip Planners'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.

Easy Trip Planners's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Easy Trip Planners's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Easy Trip Planners's Receivables Turnover falls into.

Easy Trip Planners Receivables Turnover Calculation

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

Easy Trip Planners's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	4488.26	/ (	(528.08	+	1559.17)	/	2 )
=	4488.26	/	1043.625
=	4.30

Easy Trip Planners's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1607.87	/ (	(1955.41	+	0)	/	1 )
=	1607.87	/	1955.41
=	0.82

Easy Trip Planners (BOM:543272) 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.

Easy Trip Planners Receivables Turnover Related Terms

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

Easy Trip Planners (BOM:543272) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Easy Trip Planners Ltd (BOM:543272) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

EASEMYTRIP:India

Address

FIE Patparganj Industrial Area, Building No. 223, East Delhi, Delhi, IND, 110 092

Website

https://www.easemytrip.com

Easy Trip Planners Ltd operates as an online travel agency in India. It offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services such as travel insurance. Easy Trip offers a range of online traveling services through its website and Ease My Trip android and iOS mobile app.

Easy Trip Planners (BOM:543272) Headlines

No Headlines