GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TV Vision Ltd (BOM:540083) » Definitions » Receivables Turnover

TV Vision (BOM:540083) Receivables Turnover : 0.91 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is TV Vision 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. TV Vision's Revenue for the three months ended in Dec. 2023 was ₹124.3 Mil. TV Vision's average Accounts Receivable for the three months ended in Dec. 2023 was ₹136.3 Mil. Hence, TV Vision's Receivables Turnover for the three months ended in Dec. 2023 was 0.91.


TV Vision Receivables Turnover Historical Data

The historical data trend for TV Vision'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.

TV Vision Receivables Turnover Chart

TV Vision Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 4.15 3.75 2.64 3.78 4.26

TV Vision 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 0.98 1.17 1.16 1.09 0.91

Competitive Comparison of TV Vision's Receivables Turnover

For the Broadcasting subindustry, TV Vision'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.


TV Vision's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where TV Vision's Receivables Turnover falls into.



TV Vision Receivables Turnover Calculation

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

TV Vision'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 )
=712.692 / ((189.531 + 144.706) / 2 )
=712.692 / 167.1185
=4.26

TV Vision'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 )
=124.278 / ((136.346 + 0) / 1 )
=124.278 / 136.346
=0.91

* 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.


TV Vision  (BOM:540083) 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.


TV Vision Receivables Turnover Related Terms

Thank you for viewing the detailed overview of TV Vision's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


TV Vision (BOM:540083) Business Description

Traded in Other Exchanges
Address
Oberoi Complex, New Link Road, 4th Floor, Adhikari Chambers, Andheri (West), Mumbai, MH, IND, 400053
TV Vision Ltd is engaged in the business of broadcasting, content production, syndication, and publication. The company's principal activities are television programming through TV channels and broadcasting activities. The company is operating in the business segment of Broadcasting and generates its revenue from it. The group's television channels are Mastii, Dabangg, Maiboli, Dhamaal, and Dillagii.

TV Vision (BOM:540083) Headlines

No Headlines