Mukta Arts (NSE:MUKTAARTS) Receivables Turnover : 7.85 (As of Dec. 2024)

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What is Mukta Arts 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. Mukta Arts's Revenue for the three months ended in Dec. 2024 was ₹481 Mil. Mukta Arts's average Accounts Receivable for the three months ended in Dec. 2024 was ₹61 Mil. Hence, Mukta Arts's Receivables Turnover for the three months ended in Dec. 2024 was 7.85.

Mukta Arts Receivables Turnover Historical Data

The historical data trend for Mukta Arts'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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Mukta Arts Receivables Turnover Chart

Mukta Arts Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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9.07

3.90

7.67

14.88

20.56

Mukta Arts 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															17.12	3.07	4.86	41.17	7.85

Competitive Comparison of Mukta Arts's Receivables Turnover

For the Entertainment subindustry, Mukta Arts'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.

Mukta Arts's Receivables Turnover Distribution in the Media - Diversified Industry

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

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

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Mukta Arts Receivables Turnover Calculation

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

Mukta Arts'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 )
=	1745.603	/ (	(90.086	+	79.697)	/	2 )
=	1745.603	/	84.8915
=	20.56

Mukta Arts'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 )
=	480.993	/ (	(10.138	+	112.341)	/	2 )
=	480.993	/	61.2395
=	7.85

Mukta Arts (NSE:MUKTAARTS) 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.

Mukta Arts Receivables Turnover Related Terms

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Mukta Arts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Mukta Arts Ltd (NSE:MUKTAARTS) » Definitions » Receivables Turnover

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532357:India

Address

3rd Floor, Mukta House, Behind Whistling Woods Institute, Filmcity Complex, Goregaon (East), Mumbai, MH, IND, 400065

Website

http://www.muktaarts.com

Mukta Arts Ltd is primarily engaged in the business of film production, distribution, and exhibition wherein it provides film content to multiplexes and single-screen theatres across India as well as managing or operating theatres. The company also provides production equipment to other production houses and independent producers. It operates in various business segments that include the Software division, Equipment division, Education, Theatrical Exhibition division, and Others. The group caters its services mainly to the domestic market.

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