Hathway Cable & Datacom (NSE:HATHWAY) Receivables Turnover : 2.73 (As of Mar. 2024)

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What is Hathway Cable & Datacom 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. Hathway Cable & Datacom's Revenue for the three months ended in Mar. 2024 was ₹4,934 Mil. Hathway Cable & Datacom's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,807 Mil. Hence, Hathway Cable & Datacom's Receivables Turnover for the three months ended in Mar. 2024 was 2.73.

Hathway Cable & Datacom Receivables Turnover Historical Data

The historical data trend for Hathway Cable & Datacom'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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Hathway Cable & Datacom Receivables Turnover Chart

Hathway Cable & Datacom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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23.93

99.24

61.81

21.53

13.16

Hathway Cable & Datacom 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															3.82	4.15	2.22	2.32	2.73

Competitive Comparison of Hathway Cable & Datacom's Receivables Turnover

For the Entertainment subindustry, Hathway Cable & Datacom'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.

Hathway Cable & Datacom's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hathway Cable & Datacom's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hathway Cable & Datacom's Receivables Turnover falls into.

Hathway Cable & Datacom Receivables Turnover Calculation

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

Hathway Cable & Datacom'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 )
=	19809.7	/ (	(1202.5	+	1807.3)	/	2 )
=	19809.7	/	1504.9
=	13.16

Hathway Cable & Datacom'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 )
=	4933.7	/ (	(0	+	1807.3)	/	1 )
=	4933.7	/	1807.3
=	2.73

Hathway Cable & Datacom (NSE:HATHWAY) 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.

Hathway Cable & Datacom Receivables Turnover Related Terms

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Hathway Cable & Datacom (NSE:HATHWAY) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hathway Cable & Datacom Ltd (NSE:HATHWAY) » Definitions » Receivables Turnover

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533162:India

Address

Off CST Road, 805/806, Windsor, 8th Floor, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.hathway.com

Hathway Cable & Datacom Ltd is an India-based Multi System Operator engaged in providing cable television (TV) network services, broadband services, and allied services. The product range of the company includes digital and analogue cable television, broadband and local television channels. The products offered under the digital cable television services are HD Personal Video Recorder, Hathway SD, and Hathway HD. The company provides TV services in digital mode. In addition, it also offers features like video on demand, an electronic programming guide, and other features. It generates the majority of the revenue from Cable television services. The Group has two reportable segments: Broadband Business and Cable Television.

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