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Prime Focus (BOM:532748) Receivables Turnover : 2.01 (As of Jun. 2024)


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What is Prime Focus 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. Prime Focus's Revenue for the three months ended in Jun. 2024 was ₹7,960 Mil. Prime Focus's average Accounts Receivable for the three months ended in Jun. 2024 was ₹3,951 Mil. Hence, Prime Focus's Receivables Turnover for the three months ended in Jun. 2024 was 2.01.


Prime Focus Receivables Turnover Historical Data

The historical data trend for Prime Focus'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.

* Premium members only.

Prime Focus Receivables Turnover Chart

Prime Focus Annual Data
Trend Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.86 6.34 10.03 8.61 7.71

Prime Focus 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 1.94 2.53 2.08 2.18 2.01

Competitive Comparison of Prime Focus's Receivables Turnover

For the Entertainment subindustry, Prime Focus'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.


Prime Focus's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Prime Focus's Receivables Turnover falls into.



Prime Focus Receivables Turnover Calculation

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

Prime Focus'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 )
=39300.5 / ((6245.1 + 3951.4) / 2 )
=39300.5 / 5098.25
=7.71

Prime Focus'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 )
=7959.831 / ((3951.4 + 0) / 1 )
=7959.831 / 3951.4
=2.01

* 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.


Prime Focus  (BOM:532748) 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.


Prime Focus Receivables Turnover Related Terms

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Prime Focus Business Description

Traded in Other Exchanges
Address
Prime Focus House, Linking Road, Opposite Citi Bank, Khar (West), Mumbai, MH, IND, 400 052
Prime Focus Ltd is an Indian integrated media service provider. The company is engaged in providing post-production services which include digital intermediate, visual effects, stereo 3D conversion, and animation technology products and services. It also provides stereo conversion, color grading, sound and picture post, renting of camera equipment, visual effects services, media enterprise resource planning and suite, and cloud-enabled media services. Geographically, it derives a majority of revenue from Canada.

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