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Krishna Institute of Medical Sciences (BOM:543308) Receivables Turnover : 2.15 (As of Mar. 2024)


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What is Krishna Institute of Medical Sciences 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. Krishna Institute of Medical Sciences's Revenue for the three months ended in Mar. 2024 was ₹6,338 Mil. Krishna Institute of Medical Sciences's average Accounts Receivable for the three months ended in Mar. 2024 was ₹2,944 Mil. Hence, Krishna Institute of Medical Sciences's Receivables Turnover for the three months ended in Mar. 2024 was 2.15.


Krishna Institute of Medical Sciences Receivables Turnover Historical Data

The historical data trend for Krishna Institute of Medical Sciences'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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Krishna Institute of Medical Sciences Receivables Turnover Chart

Krishna Institute of Medical Sciences Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial 8.79 10.84 13.85 11.53 9.13

Krishna Institute of Medical Sciences Quarterly Data
Mar19 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 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 2.28 2.40 2.45 2.27 2.15

Competitive Comparison of Krishna Institute of Medical Sciences's Receivables Turnover

For the Medical Care Facilities subindustry, Krishna Institute of Medical Sciences'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.


Krishna Institute of Medical Sciences's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Krishna Institute of Medical Sciences's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Krishna Institute of Medical Sciences's Receivables Turnover falls into.



Krishna Institute of Medical Sciences Receivables Turnover Calculation

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

Krishna Institute of Medical Sciences'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 )
=24981.44 / ((2526.53 + 2943.99) / 2 )
=24981.44 / 2735.26
=9.13

Krishna Institute of Medical Sciences'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 )
=6337.97 / ((0 + 2943.99) / 1 )
=6337.97 / 2943.99
=2.15

* 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.


Krishna Institute of Medical Sciences  (BOM:543308) 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.


Krishna Institute of Medical Sciences Receivables Turnover Related Terms

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Krishna Institute of Medical Sciences (BOM:543308) Business Description

Traded in Other Exchanges
Address
D. No. 1-8-31/1, Minister’s Road, Secunderabad, TG, IND, 500 003
Krishna Institute of Medical Sciences Ltd is a healthcare group in Secunderabad and Telangana. It offers a comprehensive range of healthcare services including oncology, cardiac sciences, neurosciences, gastric sciences, orthopedics, renal sciences, organ transplantation, mother and child care, and many more.

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