Crayons Advertising (NSE:CRAYONS) Receivables Turnover : 1.70 (As of Dec. 2022)

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What is Crayons Advertising 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. Crayons Advertising's Revenue for the three months ended in Dec. 2022 was ₹824.3 Mil. Crayons Advertising's average Accounts Receivable for the three months ended in Dec. 2022 was ₹484.7 Mil. Hence, Crayons Advertising's Receivables Turnover for the three months ended in Dec. 2022 was 1.70.

Crayons Advertising Receivables Turnover Historical Data

The historical data trend for Crayons Advertising'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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Crayons Advertising Receivables Turnover Chart

Crayons Advertising Annual Data

Trend

Mar20

Mar21

Mar22

Receivables Turnover

2.13

1.55

3.23

Crayons Advertising Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22
Receivables Turnover	-	-	-	-	1.70

Competitive Comparison of Crayons Advertising's Receivables Turnover

For the Advertising Agencies subindustry, Crayons Advertising'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.

Crayons Advertising's Receivables Turnover Distribution in the Media - Diversified Industry

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

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

Crayons Advertising Receivables Turnover Calculation

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

Crayons Advertising's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Receivables Turnover (A: Mar. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2022 )	/ (	(Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )
=	1925.259	/ (	(601.055	+	590.213)	/	2 )
=	1925.259	/	595.634
=	3.23

Crayons Advertising's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Sep. 2022 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	824.282	/ (	(517.358	+	452.135)	/	2 )
=	824.282	/	484.7465
=	1.70

Crayons Advertising (NSE:CRAYONS) 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.

Crayons Advertising Receivables Turnover Related Terms

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Crayons Advertising (NSE:CRAYONS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Crayons Advertising Ltd (NSE:CRAYONS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maa Anandmayee Marg, NSIC Complex, Phase- III, Okhla Industrial Estate, New Delhi, IND, 110020

Website

https://www.thecrayonsnetwork.com

Crayons Advertising Ltd is an Integrated marketing and communications agency. The company is expanding its business horizons with the moving trends across the world, reflecting its growing expertise in the marketing, branding and advertising industry. The company provides Television advertising, Print Advertising, Radio Advertising, Internet/Online Advertising, Mobile Advertising, and Outdoor Advertising.

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