Cybertech Systems & Software (NSE:CYBERTECH) Receivables Turnover : 2.64 (As of Mar. 2024)

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What is Cybertech Systems & Software 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. Cybertech Systems & Software's Revenue for the three months ended in Mar. 2024 was ₹565 Mil. Cybertech Systems & Software's average Accounts Receivable for the three months ended in Mar. 2024 was ₹214 Mil. Hence, Cybertech Systems & Software's Receivables Turnover for the three months ended in Mar. 2024 was 2.64.

Cybertech Systems & Software Receivables Turnover Historical Data

The historical data trend for Cybertech Systems & Software'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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Cybertech Systems & Software Receivables Turnover Chart

Cybertech Systems & Software Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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4.26

4.43

5.35

5.26

7.22

Cybertech Systems & Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.68	1.35	1.76	2.41	2.64

Competitive Comparison of Cybertech Systems & Software's Receivables Turnover

For the Information Technology Services subindustry, Cybertech Systems & Software'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.

Cybertech Systems & Software's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Cybertech Systems & Software's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cybertech Systems & Software's Receivables Turnover falls into.

Cybertech Systems & Software Receivables Turnover Calculation

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

Cybertech Systems & Software'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 )
=	2217.352	/ (	(400.234	+	214.035)	/	2 )
=	2217.352	/	307.1345
=	7.22

Cybertech Systems & Software'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 )
=	565.106	/ (	(0	+	214.035)	/	1 )
=	565.106	/	214.035
=	2.64

Cybertech Systems & Software (NSE:CYBERTECH) 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.

Cybertech Systems & Software Receivables Turnover Related Terms

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Cybertech Systems & Software (NSE:CYBERTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cybertech Systems & Software Ltd (NSE:CYBERTECH) » Definitions » Receivables Turnover

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532173:India

Address

Road No. 21/34, J.B. Sawant Marg, Plot No. B-63/64/65, CyberTech House, Thane (West), MIDC, Wagle Estate, Thane, MH, IND, 400604

Website

https://www.cybertech.com

Cybertech Systems & Software Ltd Company provides Information Technology services to customers with a focus on next-generation geospatial, networking and enterprise IT solutions. The company offers services that span across all major industries including government, education, utilities, public safety and homeland defence, technology, telecom, retail, healthcare, and manufacturing. Geographically, it provides Information Technology services to customers primarily in the USA and India. Its services include The Digital Core - SAP S/4HANA; SAP Cloud and Analytics; SAP Spatial Enablement; Database Migration Factory Program; Enterprise Map Platform and others.

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