Raj Television Network (BOM:532826) Receivables Turnover : 1.28 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Raj Television Network 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. Raj Television Network's Revenue for the three months ended in Dec. 2023 was ₹395 Mil. Raj Television Network's average Accounts Receivable for the three months ended in Dec. 2023 was ₹309 Mil. Hence, Raj Television Network's Receivables Turnover for the three months ended in Dec. 2023 was 1.28.

Raj Television Network Receivables Turnover Historical Data

The historical data trend for Raj Television Network'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.

Raj Television Network Receivables Turnover Chart

Raj Television Network Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

1.22

1.11

1.37

1.17

1.51

Raj Television Network Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.32	0.72	0.50	0.76	1.28

Competitive Comparison of Raj Television Network's Receivables Turnover

For the Broadcasting subindustry, Raj Television Network'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.

Raj Television Network's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Raj Television Network's Receivables Turnover falls into.

Raj Television Network Receivables Turnover Calculation

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

Raj Television Network's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	847.877	/ (	(581.623	+	539.964)	/	2 )
=	847.877	/	560.7935
=	1.51

Raj Television Network's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	395.401	/ (	(308.902	+	0)	/	1 )
=	395.401	/	308.902
=	1.28

Raj Television Network (BOM:532826) 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.

Raj Television Network Receivables Turnover Related Terms

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

Raj Television Network (BOM:532826) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Raj Television Network Ltd (BOM:532826) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

RAJTV:India

Address

Number 32, Poes Road, Second Street, Teynampet, Chennai, TN, IND, 600018

Website

https://www.rajtvnet.in

Raj Television Network Ltd is a Tamil television and broadcasting company. It caters to the entertainment needs and production of content across different formats and platforms, such as fiction and reality shows for television, movies, music, digital, plays, and live events. The company generates revenue through segments such as Advertisement, Airtime charges, Pay channel distribution revenue, Subscription revenue, Sale of rights, and Sales export revenue. It operates approximately channels in the Indian languages including Tamil, Telugu, Kannada, Malayalam, and Hindi. In addition, the company provides advertisement services, as well as engages in the subscription of channels. It broadcasts its channels in India, as well as parts of South East Asia, and the Middle East.

Raj Television Network (BOM:532826) Headlines

No Headlines