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Perfect-Octave Media Projects (BOM:521062) Receivables Turnover : 5.98 (As of Jun. 2024)


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What is Perfect-Octave Media Projects 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. Perfect-Octave Media Projects's Revenue for the three months ended in Jun. 2024 was ₹1.68 Mil. Perfect-Octave Media Projects's average Accounts Receivable for the three months ended in Jun. 2024 was ₹0.28 Mil. Hence, Perfect-Octave Media Projects's Receivables Turnover for the three months ended in Jun. 2024 was 5.98.


Perfect-Octave Media Projects Receivables Turnover Historical Data

The historical data trend for Perfect-Octave Media Projects'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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Perfect-Octave Media Projects Receivables Turnover Chart

Perfect-Octave Media Projects 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 13.92 13.96 9.33 15.11 107.26

Perfect-Octave Media Projects Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 47.84 0.77 7.14 35.17 5.98

Competitive Comparison of Perfect-Octave Media Projects's Receivables Turnover

For the Broadcasting subindustry, Perfect-Octave Media Projects'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.


Perfect-Octave Media Projects's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Perfect-Octave Media Projects's Receivables Turnover falls into.



Perfect-Octave Media Projects Receivables Turnover Calculation

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

Perfect-Octave Media Projects'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 )
=16.733 / ((0.031 + 0.281) / 2 )
=16.733 / 0.156
=107.26

Perfect-Octave Media Projects's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=1.68 / ((0.281 + 0) / 1 )
=1.68 / 0.281
=5.98

* 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.


Perfect-Octave Media Projects  (BOM:521062) 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.


Perfect-Octave Media Projects Receivables Turnover Related Terms

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Perfect-Octave Media Projects Business Description

Traded in Other Exchanges
N/A
Address
302, Mahakali Caves Road, 3rd Floor, New India Industrial Estate, Chakala, Near Paper Box, Andheri (E), Mumbai, MH, IND, 400093
Perfect-Octave Media Projects Ltd is engaged in the business of broadcasting. The company is operating a satellite television channel Insync which is showcasing Indian classical music and other non-film music genres. Also, the company is involved in the production of musical content. It is engaged in Television Broadcasting and Content Syndication Division.

Perfect-Octave Media Projects Headlines

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