Digicontent (BOM:542685) Receivables Turnover : 1.46 (As of Dec. 2024)

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What is Digicontent 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. Digicontent's Revenue for the three months ended in Dec. 2024 was ₹1,095 Mil. Digicontent's average Accounts Receivable for the three months ended in Dec. 2024 was ₹751 Mil. Hence, Digicontent's Receivables Turnover for the three months ended in Dec. 2024 was 1.46.

Digicontent Receivables Turnover Historical Data

The historical data trend for Digicontent'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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Digicontent Receivables Turnover Chart

Digicontent Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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6.14

6.75

7.38

6.90

7.34

Digicontent Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.76	1.94	1.72	1.53	1.46

Competitive Comparison of Digicontent's Receivables Turnover

For the Internet Content & Information subindustry, Digicontent'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.

Digicontent's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Digicontent's Receivables Turnover distribution charts can be found below:

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

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Digicontent Receivables Turnover Calculation

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

Digicontent'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 )
=	4143.5	/ (	(522.6	+	606.8)	/	2 )
=	4143.5	/	564.7
=	7.34

Digicontent's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	1094.8	/ (	(750.6	+	0)	/	1 )
=	1094.8	/	750.6
=	1.46

Digicontent (BOM:542685) 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.

Digicontent Receivables Turnover Related Terms

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Digicontent Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Digicontent Ltd (BOM:542685) » Definitions » Receivables Turnover

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DGCONTENT:India

Address

18-20, Kasturba Gandhi Marg, Hindustan Times House, Second Floor, New Delhi, IND, 110001

Website

https://www.digicontent.co.in

Digicontent Ltd operates in the realm of Entertainment and Digital Innovation business. It provides content sourcing services and is engaged in the dissemination of news, knowledge, information, entertainment, and content of general interest through various digital and electronic media, and management of advertising time and space on news websites hindustantimes.com, livemint.com and livehindustan.com. The company operates in one segment namely, Entertainment and Digital Innovation Business.The company generates revenue from two sources: content selling, which is recognized when the customer publishes or circulates the content, and revenue from digital platforms through internet advertisements, typically contracted for periods ranging from one to twelve months.

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