Magnum Ventures (NSE:MAGNUM) Receivables Turnover : 2.01 (As of Dec. 2024)

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What is Magnum Ventures 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. Magnum Ventures's Revenue for the three months ended in Dec. 2024 was ₹1,032 Mil. Magnum Ventures's average Accounts Receivable for the three months ended in Dec. 2024 was ₹513 Mil. Hence, Magnum Ventures's Receivables Turnover for the three months ended in Dec. 2024 was 2.01.

Magnum Ventures Receivables Turnover Historical Data

The historical data trend for Magnum Ventures'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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Magnum Ventures Receivables Turnover Chart

Magnum Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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4.46

3.10

5.50

9.50

8.41

Magnum Ventures 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															1.83	1.86	1.51	1.64	2.01

Competitive Comparison of Magnum Ventures's Receivables Turnover

For the Paper & Paper Products subindustry, Magnum Ventures'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.

Magnum Ventures's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Magnum Ventures's Receivables Turnover distribution charts can be found below:

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

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Magnum Ventures Receivables Turnover Calculation

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

Magnum Ventures'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 )
=	4408.545	/ (	(399.017	+	649.06)	/	2 )
=	4408.545	/	524.0385
=	8.41

Magnum Ventures'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 )
=	1031.58	/ (	(475.749	+	549.831)	/	2 )
=	1031.58	/	512.79
=	2.01

Magnum Ventures (NSE:MAGNUM) 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.

Magnum Ventures Receivables Turnover Related Terms

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Magnum Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Magnum Ventures Ltd (NSE:MAGNUM) » Definitions » Receivables Turnover

Traded in Other Exchanges

532896:India

Address

18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad, UP, IND, 201010

Website

http://www.magnumventures.in

Magnum Ventures Ltd operates in the paper industry and hotel industry. Its principal activities comprise Paper Board and Newsprint Manufacturing, and Hotel. The firm operates in two segments namely Paper Division and Hotel Division. Its manufacturing activities cover printing and writing papers, duplex boards, wrapping. Xerox paper and packing paper. Its paperboard is used in packaging, and graphic printing, such as book and magazine covers or postcards. Its paperboard is also used in fine arts for creating sculptures. The company's hotel division segment operates under the Country Inn and Suites brand. A majority of the firm's revenue gets dominated by the Paper division.

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