All E Technologies (NSE:ALLETEC) Receivables Turnover : 2.03 (As of Dec. 2023)

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What is All E Technologies 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. All E Technologies's Revenue for the three months ended in Dec. 2023 was ₹300 Mil. All E Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was ₹148 Mil. Hence, All E Technologies's Receivables Turnover for the three months ended in Dec. 2023 was 2.03.

All E Technologies Receivables Turnover Historical Data

The historical data trend for All E Technologies'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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All E Technologies Receivables Turnover Chart

All E Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

7.95

8.49

8.04

8.20

All E Technologies Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial						-	2.04	2.32	1.95	2.03

Competitive Comparison of All E Technologies's Receivables Turnover

For the Software - Application subindustry, All E Technologies'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.

All E Technologies's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, All E Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where All E Technologies's Receivables Turnover falls into.

All E Technologies Receivables Turnover Calculation

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

All E Technologies'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 )
=	876.843	/ (	(97.6	+	116.285)	/	2 )
=	876.843	/	106.9425
=	8.20

All E Technologies'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 )
=	300.47	/ (	(147.907	+	0)	/	1 )
=	300.47	/	147.907
=	2.03

All E Technologies (NSE:ALLETEC) 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.

All E Technologies Receivables Turnover Related Terms

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All E Technologies (NSE:ALLETEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » All E Technologies Ltd (NSE:ALLETEC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-1, Sector-58, Noida, UP, IND, 201301

Website

https://www.alletec.com

All E Technologies Ltd is a Microsoft business application and digital transformation company. It offers Microsoft Dynamics 365, Power Platform, Data & AI - powered by Microsoft Azure and Collaboration platforms. The company also provides offshore technology services to some large Microsoft business application partners from the USA and Europe.

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