Vivo Collaboration Solutions (NSE:VIVO) Receivables Turnover : 31.87 (As of Mar. 2023)

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What is Vivo Collaboration Solutions 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. Vivo Collaboration Solutions's Revenue for the six months ended in Mar. 2023 was ₹74.79 Mil. Vivo Collaboration Solutions's average Accounts Receivable for the six months ended in Mar. 2023 was ₹2.35 Mil. Hence, Vivo Collaboration Solutions's Receivables Turnover for the six months ended in Mar. 2023 was 31.87.

Vivo Collaboration Solutions Receivables Turnover Historical Data

The historical data trend for Vivo Collaboration Solutions'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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Vivo Collaboration Solutions Receivables Turnover Chart

Vivo Collaboration Solutions Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

10.81

5.81

7.39

16.17

31.87

Vivo Collaboration Solutions Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
Receivables Turnover	10.81	5.81	7.39	16.17	31.87

Competitive Comparison of Vivo Collaboration Solutions's Receivables Turnover

For the Software - Infrastructure subindustry, Vivo Collaboration Solutions'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.

Vivo Collaboration Solutions's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Vivo Collaboration Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vivo Collaboration Solutions's Receivables Turnover falls into.

Vivo Collaboration Solutions Receivables Turnover Calculation

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

Vivo Collaboration Solutions'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 )
=	74.785	/ (	(1.746	+	2.947)	/	2 )
=	74.785	/	2.3465
=	31.87

Vivo Collaboration Solutions's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

	Receivables Turnover (Q: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	74.785	/ (	(1.746	+	2.947)	/	2 )
=	74.785	/	2.3465
=	31.87

Vivo Collaboration Solutions (NSE:VIVO) 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.

Vivo Collaboration Solutions Receivables Turnover Related Terms

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Vivo Collaboration Solutions (NSE:VIVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vivo Collaboration Solutions Ltd (NSE:VIVO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

315, Third Floor, HB Twin Tower, Netaji Subhash Place, Pitampura, North Delhi, Delhi, IND, 110034

Website

https://www.vivo.ooo

Vivo Collaboration Solutions Ltd is a Cloud Telephony service provider. The company offers comprehensive suite of telephony services, covering every voice-based solution. It delivers end-to-end Cloud Telephony solutions for enterprises. The company provides conceivable collaboration and online meeting solution, unified conferencing, web conferencing, audio conferencing, webinars, webcasts, events, Instant Messaging Services and more.