Bangladesh Submarine Cables (DHA:BSCPLC) Receivables Turnover : 0.32 (As of Mar. 2024)

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What is Bangladesh Submarine Cables 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. Bangladesh Submarine Cables's Revenue for the three months ended in Mar. 2024 was BDT972 Mil. Bangladesh Submarine Cables's average Accounts Receivable for the three months ended in Mar. 2024 was BDT3,001 Mil. Hence, Bangladesh Submarine Cables's Receivables Turnover for the three months ended in Mar. 2024 was 0.32.

Bangladesh Submarine Cables Receivables Turnover Historical Data

The historical data trend for Bangladesh Submarine Cables'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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Bangladesh Submarine Cables Receivables Turnover Chart

Bangladesh Submarine Cables Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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1.08

1.10

1.58

1.94

1.70

Bangladesh Submarine Cables Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.38	0.37	0.36	0.35	0.32

Competitive Comparison of Bangladesh Submarine Cables's Receivables Turnover

For the Telecom Services subindustry, Bangladesh Submarine Cables'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.

Bangladesh Submarine Cables's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bangladesh Submarine Cables's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bangladesh Submarine Cables's Receivables Turnover falls into.

Bangladesh Submarine Cables Receivables Turnover Calculation

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

Bangladesh Submarine Cables's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	5154.912	/ (	(2679.444	+	3389.226)	/	2 )
=	5154.912	/	3034.335
=	1.70

Bangladesh Submarine Cables's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	972.007	/ (	(3081.39	+	2921.131)	/	2 )
=	972.007	/	3001.2605
=	0.32

Bangladesh Submarine Cables (DHA:BSCPLC) 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.

Bangladesh Submarine Cables Receivables Turnover Related Terms

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Bangladesh Submarine Cables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Bangladesh Submarine Cables PLC (DHA:BSCPLC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

191/1, Tejgaon-Gulshan Link Road, Rahman’s Regnum Center (7th and 8th Floor), Dhaka, BGD, 1208

Website

http://www.bsccl.com

Bangladesh Submarine Cables PLC is a Core Telecommunication service provider and International Submarine Cable Operator of Bangladesh. It is also an IIG (International Internet Gateway). The service provided by the company represents the Long-haul communication between Bangladesh and the rest of the world. The company is a party in both SMW-4 and SMW-5 Consortiums that provide more capacity and redundancy in Submarine Cables for Bangladesh. BSCCL-IIG is helping the people of the Country to get broadband Internet at a cheaper rate and quality of service.

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