GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MBC Group Co (SAU:4072) » Definitions » Receivables Turnover

MBC Group Co (SAU:4072) Receivables Turnover : 1.14 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is MBC Group Co 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. MBC Group Co's Revenue for the three months ended in Mar. 2024 was ﷼1,236 Mil. MBC Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ﷼1,086 Mil. Hence, MBC Group Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.14.

MBC Group Co Receivables Turnover Historical Data

The historical data trend for MBC Group Co'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.

* Premium members only.

MBC Group Co Receivables Turnover Chart

MBC Group Co Annual Data
Trend
Receivables Turnover

MBC Group Co Quarterly Data
Mar24
Receivables Turnover 1.14

Competitive Comparison of MBC Group Co's Receivables Turnover

For the Broadcasting subindustry, MBC Group Co'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.

MBC Group Co's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where MBC Group Co's Receivables Turnover falls into.


MBC Group Co Receivables Turnover Calculation

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

MBC Group Co's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

Receivables Turnover (A: . 20 )
=Revenue / Average Total Inventories
=Revenue (A: . 20 ) / ((Accounts Receivable (A: . 20 ) + Accounts Receivable (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

MBC Group Co'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: . 20 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1235.753 / (( + 1085.708) / 1 )
=1235.753 / 1085.708
=1.14

* 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.

MBC Group Co  (SAU:4072) 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.

MBC Group Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of MBC Group Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

MBC Group Co (SAU:4072) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MBC Group Co (SAU:4072) » Definitions » Receivables Turnover
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
MBC Group Co is a media company in the middle East and north africa having principal activities consisting of information, communication, education, arts, entertainment and recreation. It has has continued to grow its presence and audience reach in the MENA region where it broadcasts 13 FTA TV channels and owns Shahid, the leading over-the-top video streaming platform in the MENA region in terms of subscribers.

MBC Group Co (SAU:4072) Headlines

No Headlines