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Yatharth Hospital and Trauma Care Services (NSE:YATHARTH) Receivables Turnover : 1.72 (As of Mar. 2024)


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What is Yatharth Hospital and Trauma Care Services 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. Yatharth Hospital and Trauma Care Services's Revenue for the six months ended in Mar. 2024 was ₹3,448 Mil. Yatharth Hospital and Trauma Care Services's average Accounts Receivable for the six months ended in Mar. 2024 was ₹2,006 Mil. Hence, Yatharth Hospital and Trauma Care Services's Receivables Turnover for the six months ended in Mar. 2024 was 1.72.


Yatharth Hospital and Trauma Care Services Receivables Turnover Historical Data

The historical data trend for Yatharth Hospital and Trauma Care Services'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.

Yatharth Hospital and Trauma Care Services Receivables Turnover Chart

Yatharth Hospital and Trauma Care Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial 10.13 8.52 6.56 5.39 4.01

Yatharth Hospital and Trauma Care Services Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 2.44 2.79 2.61 2.31 1.72

Competitive Comparison of Yatharth Hospital and Trauma Care Services's Receivables Turnover

For the Medical Care Facilities subindustry, Yatharth Hospital and Trauma Care Services'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.


Yatharth Hospital and Trauma Care Services's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Yatharth Hospital and Trauma Care Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Yatharth Hospital and Trauma Care Services's Receivables Turnover falls into.



Yatharth Hospital and Trauma Care Services Receivables Turnover Calculation

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

Yatharth Hospital and Trauma Care Services'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 )
=6705.47 / ((1076.45 + 2270.03) / 2 )
=6705.47 / 1673.24
=4.01

Yatharth Hospital and Trauma Care Services'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 )
=3447.61 / ((1741.41 + 2270.03) / 2 )
=3447.61 / 2005.72
=1.72

* 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.


Yatharth Hospital and Trauma Care Services  (NSE:YATHARTH) 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.


Yatharth Hospital and Trauma Care Services Receivables Turnover Related Terms

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Yatharth Hospital and Trauma Care Services (NSE:YATHARTH) Business Description

Traded in Other Exchanges
Address
HO-01, Sector-1, Greater Noida West, Noida, UP, IND, 201 306
Yatharth Hospital and Trauma Care Services Ltd is engaged in the business of providing healthcare services, operating hospitals and other allied services, as may be required for the provision of healthcare services.

Yatharth Hospital and Trauma Care Services (NSE:YATHARTH) Headlines

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