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Media Matrix Worldwide (BOM:512267) Receivables Turnover : 2.32 (As of Mar. 2024)


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What is Media Matrix Worldwide 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. Media Matrix Worldwide's Revenue for the three months ended in Mar. 2024 was ₹2,803 Mil. Media Matrix Worldwide's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,210 Mil. Hence, Media Matrix Worldwide's Receivables Turnover for the three months ended in Mar. 2024 was 2.32.


Media Matrix Worldwide Receivables Turnover Historical Data

The historical data trend for Media Matrix Worldwide'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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Media Matrix Worldwide Receivables Turnover Chart

Media Matrix Worldwide 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 14.98 47.77 10.19 8.14 10.25

Media Matrix Worldwide 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 1.68 1.94 4.83 1.50 2.32

Competitive Comparison of Media Matrix Worldwide's Receivables Turnover

For the Entertainment subindustry, Media Matrix Worldwide'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.


Media Matrix Worldwide's Receivables Turnover Distribution in the Media - Diversified Industry

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

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



Media Matrix Worldwide Receivables Turnover Calculation

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

Media Matrix Worldwide'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 )
=14153.001 / ((1551.655 + 1209.672) / 2 )
=14153.001 / 1380.6635
=10.25

Media Matrix Worldwide'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 )
=2803.086 / ((0 + 1209.672) / 1 )
=2803.086 / 1209.672
=2.32

* 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.


Media Matrix Worldwide  (BOM:512267) 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.


Media Matrix Worldwide Receivables Turnover Related Terms

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Media Matrix Worldwide (BOM:512267) Business Description

Traded in Other Exchanges
N/A
Address
Institutional Area, Plot No. 38, 4th Floor, Sector - 32, Gurugram, HR, IND, 122001
Media Matrix Worldwide Ltd is engaged in the business of digital media and handset trading. It focuses on digital media content and dealing with related activities in the media and entertainment industry. The company through its subsidiaries is involved in mobile video streaming services and trading of telecom mobile handsets business in India. Digital media and handset trading segment generate the majority of the revenue for the company.

Media Matrix Worldwide (BOM:512267) Headlines

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