Jayant Infratech (BOM:543544) Receivables Turnover : 8.17 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Jayant Infratech 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. Jayant Infratech's Revenue for the six months ended in Mar. 2024 was ₹577.7 Mil. Jayant Infratech's average Accounts Receivable for the six months ended in Mar. 2024 was ₹70.7 Mil. Hence, Jayant Infratech's Receivables Turnover for the six months ended in Mar. 2024 was 8.17.

Jayant Infratech Receivables Turnover Historical Data

The historical data trend for Jayant Infratech'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.

Jayant Infratech Receivables Turnover Chart

Jayant Infratech Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

15.36

15.50

13.21

7.77

12.75

Jayant Infratech Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			-	5.38	4.31	4.16	8.17

Competitive Comparison of Jayant Infratech's Receivables Turnover

For the Railroads subindustry, Jayant Infratech'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.

Jayant Infratech's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jayant Infratech's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jayant Infratech's Receivables Turnover falls into.

Jayant Infratech Receivables Turnover Calculation

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

Jayant Infratech'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 )
=	893.006	/ (	(75.047	+	64.991)	/	2 )
=	893.006	/	70.019
=	12.75

Jayant Infratech'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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	577.732	/ (	(76.371	+	64.991)	/	2 )
=	577.732	/	70.681
=	8.17

Jayant Infratech (BOM:543544) 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.

Jayant Infratech Receivables Turnover Related Terms

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

Jayant Infratech (BOM:543544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jayant Infratech Ltd (BOM:543544) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mangal Smriti, Bajpai Ground, Tilak Nagar, Bilaspur, CT, IND, 495001

Website

https://www.jayantinfra.com

Jayant Infratech Ltd is engaged in the field of Railway Infrastructure Development involving the design, drawing supply, erection, and commissioning sector of India. It encompasses the electrification of new & existing Railway tracks. Its services include concept to commissioning of Railway Infrastructure right from design to energization. It has only one reportable Business Segment, which is the Sale of services relating to works contracts.

Jayant Infratech (BOM:543544) Headlines

No Headlines