HT Media (BOM:532662) Receivables Turnover : 1.22 (As of Mar. 2024)

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What is HT Media 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. HT Media's Revenue for the three months ended in Mar. 2024 was ₹4,644 Mil. HT Media's average Accounts Receivable for the three months ended in Mar. 2024 was ₹3,817 Mil. Hence, HT Media's Receivables Turnover for the three months ended in Mar. 2024 was 1.22.

HT Media Receivables Turnover Historical Data

The historical data trend for HT Media'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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HT Media Receivables Turnover Chart

HT Media Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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4.86

3.22

5.03

5.24

4.60

HT Media 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															1.32	1.24	1.09	1.20	1.22

Competitive Comparison of HT Media's Receivables Turnover

For the Publishing subindustry, HT Media'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.

HT Media's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where HT Media's Receivables Turnover falls into.

HT Media Receivables Turnover Calculation

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

HT Media'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 )
=	16947.2	/ (	(3551.4	+	3816.5)	/	2 )
=	16947.2	/	3683.95
=	4.60

HT Media'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 )
=	4644.1	/ (	(0	+	3816.5)	/	1 )
=	4644.1	/	3816.5
=	1.22

HT Media (BOM:532662) 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.

HT Media Receivables Turnover Related Terms

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HT Media (BOM:532662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » HT Media Ltd (BOM:532662) » Definitions » Receivables Turnover

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HTMEDIA:India

Address

18-20, Kasturba Gandhi Marg, Hindustan Times House, 2nd Floor, New Delhi, IND, 110001

Website

https://www.htmedia.in

HT Media Ltd is a media company engaged in the printing and publishing of newspapers and periodicals. The company publishes Hindustan Times, an English daily, and Mint, a Business paper daily except on Sunday, and undertakes commercial printing jobs. It also engaged in the business of providing entertainment, radio broadcasts, and all other related activities through its Radio Stations operating under the brand name Fever 104, Fever, and Radio Nasha. The company's operating segment includes Printing and Publication of Newspapers and Periodicals; Radio Broadcasts and Entertainment and Digital. It generates maximum revenue from the Printing and Publishing of Newspaper and Periodicals segment.

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