Videocon Industries (NSE:VIDEOIND) Receivables Turnover: 0.04 (As of Jun. 2024)

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NSE:VIDEOIND Videocon Industries Ltd NSE:VIDEOIND
4 GF Score
Price ₹7.35
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What is Videocon Industries Receivables Turnover?

Videocon Industries NSE:VIDEOIND 4 Receivables Turnover is 0.04 as of Jun. 2024. GuruFocus rates NSE:VIDEOIND with a GF Score™ of 4/100.

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. Videocon Industries's Revenue for the three months ended in Jun. 2024 was ₹1,615 Mil. Videocon Industries's average Accounts Receivable for the three months ended in Jun. 2024 was ₹39,360 Mil. Hence, Videocon Industries's Receivables Turnover for the three months ended in Jun. 2024 was 0.04.


Videocon Industries  (NSE:VIDEOIND) 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.


Videocon Industries Receivables Turnover Related Terms


Videocon Industries Receivables Turnover Historical Data

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The historical data trend for Videocon Industries'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.

Videocon Industries Receivables Turnover Chart

Videocon Industries Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.46 0.38 0.28 0.18

Videocon Industries Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.04 0.04 0.04

NSE:VIDEOIND vs FBHS, WHR, MHK: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Videocon Industries'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.


Videocon Industries Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Videocon Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Videocon Industries's Receivables Turnover falls into.


NSE:VIDEOIND
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Videocon Industries Ltd NSE:VIDEOIND
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Videocon Industries Receivables Turnover Calculation

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

Videocon Industries's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=6359.47 / ((32231.15 + 39360.21) / 2 )
=6359.47 / 35795.68
=0.18

Videocon Industries's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=1614.81 / ((39360.21 + 0) / 1 )
=1614.81 / 39360.21
=0.04

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.04 mean?
Videocon Industries (NSE:VIDEOIND) has a Receivables Turnover of 0.04 as of Jun. 2024. The accounts 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. View historical data on Videocon Industries and its competitors.
Is Videocon Industries' Receivables Turnover too high?
Videocon Industries' current Receivables Turnover is 0.04. The Oil & Gas industry median Receivables Turnover is 7.98. Videocon Industries' value of 0.04 is 99.5% below this industry median. Overall, Videocon Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Videocon Industries' Receivables Turnover compare to FBHS and WHR?
Videocon Industries' Receivables Turnover of 0.04 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.98. Videocon Industries' value of 0.04 is 99.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.98, based on 895 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Videocon Industries's current Receivables Turnover of 0.04 is 99.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Videocon Industries and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Videocon Industries's current Receivables Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Videocon Industries stock overvalued right now?
Videocon Industries (NSE:VIDEOIND) has a current Receivables Turnover of 0.04. The current Receivables Turnover is 0.04 and 99.5% below the Oil & Gas industry median of 7.98. Videocon Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Videocon Industries (NSE:VIDEOIND), the current Receivables Turnover is 0.04 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Videocon Industries Business Description

Industry EnergyOil & Gas
Address 14 KM Stone, Aurangabad - Paithan Road, Village Chittegaon, Taluka Paithan, Aurangabad, MH, IND, 431 105
Videocon Industries Ltd is an India-based company that focuses on manufacturing and distributing a variety of consumer durables and extraction of crude oil and natural gas. The company is principally engaged in two business segments: consumer electronics and home appliances and crude oil and natural gas. The crude oil and natural gas segment generates the maximum revenue for the company through the extraction and production of natural oil and gas. The consumer electronics and home appliances business focuses on manufacturing products that include air conditioners, refrigerators, televisions, washing machines, and small home appliances.
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