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Radaan Mediaworks India (BOM:590070) Receivables Turnover : 4.20 (As of Mar. 2024)


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What is Radaan Mediaworks India 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. Radaan Mediaworks India's Revenue for the three months ended in Mar. 2024 was ₹118.7 Mil. Radaan Mediaworks India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹28.3 Mil. Hence, Radaan Mediaworks India's Receivables Turnover for the three months ended in Mar. 2024 was 4.20.


Radaan Mediaworks India Receivables Turnover Historical Data

The historical data trend for Radaan Mediaworks India'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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Radaan Mediaworks India Receivables Turnover Chart

Radaan Mediaworks India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 4.06 4.23 8.13 11.04

Radaan Mediaworks India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.70 2.00 2.11 2.57 4.20

Competitive Comparison of Radaan Mediaworks India's Receivables Turnover

For the Entertainment subindustry, Radaan Mediaworks India'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.


Radaan Mediaworks India's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Radaan Mediaworks India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Radaan Mediaworks India's Receivables Turnover falls into.



Radaan Mediaworks India Receivables Turnover Calculation

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

Radaan Mediaworks India'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 )
=213.377 / ((10.377 + 28.285) / 2 )
=213.377 / 19.331
=11.04

Radaan Mediaworks India'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 )
=118.747 / ((0 + 28.285) / 1 )
=118.747 / 28.285
=4.20

* 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.


Radaan Mediaworks India  (BOM:590070) 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.


Radaan Mediaworks India Receivables Turnover Related Terms

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Radaan Mediaworks India (BOM:590070) Business Description

Traded in Other Exchanges
Address
No. 14, Jayammal Road, Teynampet, Chennai, TN, IND, 600 018
Radaan Mediaworks India Ltd is a media entertainment company. It is engaged in producing content for tele-serials/films, digital content, web series, events, game shows, and others. The company also undertakes distribution activities, theatrical plays, and setting up training courses comprising acting, dance, martial arts, yoga, and others. The Company Operates in a single segment; Media and Entertainment. It generates revenues from the sale of advertising spots during the telecast of its program.

Radaan Mediaworks India (BOM:590070) Headlines

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