Latent View Analytics (BOM:543398) Receivables Turnover : 1.52 (As of Mar. 2024)

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What is Latent View Analytics 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. Latent View Analytics's Revenue for the three months ended in Mar. 2024 was ₹1,716 Mil. Latent View Analytics's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,131 Mil. Hence, Latent View Analytics's Receivables Turnover for the three months ended in Mar. 2024 was 1.52.

Latent View Analytics Receivables Turnover Historical Data

The historical data trend for Latent View Analytics'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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Latent View Analytics Receivables Turnover Chart

Latent View Analytics Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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6.00

5.38

5.64

5.91

6.05

Latent View Analytics Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial												1.43	1.50	1.49	1.58	1.52

Competitive Comparison of Latent View Analytics's Receivables Turnover

For the Consulting Services subindustry, Latent View Analytics'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.

Latent View Analytics's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Latent View Analytics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Latent View Analytics's Receivables Turnover falls into.

Latent View Analytics Receivables Turnover Calculation

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

Latent View Analytics'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 )
=	6406.83	/ (	(985.16	+	1131.37)	/	2 )
=	6406.83	/	1058.265
=	6.05

Latent View Analytics'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 )
=	1716.39	/ (	(0	+	1131.37)	/	1 )
=	1716.39	/	1131.37
=	1.52

Latent View Analytics (BOM:543398) 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.

Latent View Analytics Receivables Turnover Related Terms

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Latent View Analytics (BOM:543398) Business Description

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LATENTVIEW:India

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5th Floor, Neville Tower, Unit 6,7 and 8, Ramanujan IT City, Rajiv Gandhi Salai, Taramani, Chennai, TN, IND, 600113

Website

https://www.latentview.com

Latent View Analytics Ltd provides analytics services such as data and analytics consulting, business analytics and insights, advanced predictive analytics, data engineering, and digital solutions. The company provides services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industry domains.

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