Reliance Communications (BOM:532712) Receivables Turnover : 0.33 (As of Dec. 2023)

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What is Reliance Communications 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. Reliance Communications's Revenue for the three months ended in Dec. 2023 was ₹940 Mil. Reliance Communications's average Accounts Receivable for the three months ended in Dec. 2023 was ₹2,810 Mil. Hence, Reliance Communications's Receivables Turnover for the three months ended in Dec. 2023 was 0.33.

Reliance Communications Receivables Turnover Historical Data

The historical data trend for Reliance Communications'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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Reliance Communications Receivables Turnover Chart

Reliance Communications Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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2.31

1.84

1.62

1.50

1.64

Reliance Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.31	0.39	0.35	0.35	0.33

Competitive Comparison of Reliance Communications's Receivables Turnover

For the Telecom Services subindustry, Reliance Communications'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.

Reliance Communications's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Reliance Communications's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Reliance Communications's Receivables Turnover falls into.

Reliance Communications Receivables Turnover Calculation

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

Reliance Communications'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 )
=	4790	/ (	(2950	+	2880)	/	2 )
=	4790	/	2915
=	1.64

Reliance Communications'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 )
=	940	/ (	(2810	+	0)	/	1 )
=	940	/	2810
=	0.33

Reliance Communications (BOM:532712) 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.

Reliance Communications Receivables Turnover Related Terms

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Reliance Communications (BOM:532712) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Reliance Communications Ltd (BOM:532712) » Definitions » Receivables Turnover

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RCOM:India

Address

H Block, 1st Floor, Thane Belapur Road, Dhirubhai Ambani Knowledge City, Koparkhairane, Navi Mumbai, MH, IND, 400 710

Website

https://www.rcom.co.in

Reliance Communications Ltd is a triple-play telecommunications company that provides mobile, voice, and broadband services in two segments: India Operations and global Operations. The India Operations segment accounts for the majority of overall company revenue and includes wireless, mobile, and satellite TV services to Indian retail customers as well as voice, broadband access services to enterprises. The global Operations segment offers international data and network services, enterprise services, and data services to global customers. These services are offered over the group's owned submarine cable infrastructure and Indian fiber network. Additionally, Reliance Communications owns mobile phone tower infrastructure.

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