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Pritish Nandy Communications (BOM:532387) Receivables Turnover : 3.56 (As of Dec. 2023)


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What is Pritish Nandy 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. Pritish Nandy Communications's Revenue for the three months ended in Dec. 2023 was ₹69.4 Mil. Pritish Nandy Communications's average Accounts Receivable for the three months ended in Dec. 2023 was ₹19.5 Mil. Hence, Pritish Nandy Communications's Receivables Turnover for the three months ended in Dec. 2023 was 3.56.


Pritish Nandy Communications Receivables Turnover Historical Data

The historical data trend for Pritish Nandy 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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Pritish Nandy Communications Receivables Turnover Chart

Pritish Nandy Communications Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.29 12.28 6.43 40.49 73.12

Pritish Nandy 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 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 145.34 1.24 9.69 8.97 3.56

Competitive Comparison of Pritish Nandy Communications's Receivables Turnover

For the Entertainment subindustry, Pritish Nandy 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.


Pritish Nandy Communications's Receivables Turnover Distribution in the Media - Diversified Industry

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

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



Pritish Nandy Communications Receivables Turnover Calculation

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

Pritish Nandy 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 )
=182.758 / ((0.43 + 4.569) / 2 )
=182.758 / 2.4995
=73.12

Pritish Nandy 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 )
=69.367 / ((19.495 + 0) / 1 )
=69.367 / 19.495
=3.56

* 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.


Pritish Nandy Communications  (BOM:532387) 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.


Pritish Nandy Communications Receivables Turnover Related Terms

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Pritish Nandy Communications (BOM:532387) Business Description

Traded in Other Exchanges
Address
87/88, Mittal Chambers, Nariman Point, Mumbai, MH, IND, 400021
Pritish Nandy Communications Ltd is a media and entertainment company. The firm is engaged in film production and media consultancy. It is a content maker. The firm creates and markets content across all platforms. It is engaged in the production/making of cinematic and television content. The company produces movies, documentaries and corporate films. Its movies include Bow Barracks Forever, Bollywood Calling, Click, and Chameli.

Pritish Nandy Communications (BOM:532387) Headlines

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