Music Broadcast (NSE:RADIOCITY) Days Sales Outstanding : 99.46 (As of Dec. 2023)

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What is Music Broadcast Days Sales Outstanding?

Music Broadcast's average Accounts Receivable for the three months ended in Dec. 2023 was ₹659 Mil. Music Broadcast's Revenue for the three months ended in Dec. 2023 was ₹604 Mil. Hence, Music Broadcast's Days Sales Outstanding for the three months ended in Dec. 2023 was 99.46.

The historical rank and industry rank for Music Broadcast's Days Sales Outstanding or its related term are showing as below:

NSE:RADIOCITY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 106.2 Med: 131.21 Max: 262.48
Current: 227.04

During the past 12 years, Music Broadcast's highest Days Sales Outstanding was 262.48. The lowest was 106.20. And the median was 131.21.

NSE:RADIOCITY's Days Sales Outstanding is ranked worse than
90.84% of 1026 companies
in the Media - Diversified industry
Industry Median: 68.205 vs NSE:RADIOCITY: 227.04

Music Broadcast's Days Sales Outstanding declined from Jun. 2022 (156.30) to Dec. 2023 (99.46).

Music Broadcast Days Sales Outstanding Historical Data

The historical data trend for Music Broadcast's Days Sales Outstanding 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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Music Broadcast Days Sales Outstanding Chart

Music Broadcast Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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132.56

170.61

262.48

165.66

129.85

Music Broadcast Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															156.30	126.11	112.20	116.93	99.46

Competitive Comparison of Music Broadcast's Days Sales Outstanding

For the Broadcasting subindustry, Music Broadcast's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Music Broadcast's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Music Broadcast's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Music Broadcast's Days Sales Outstanding falls into.

Music Broadcast Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Music Broadcast's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (756.154	+	658.742)	/	2 )	/	1988.614	*	365
=	707.448					/	1988.614	*	365
=	129.85

Music Broadcast's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (658.742	+	0)	/	1 )	/	604.357	*	365 / 4
=	658.742					/	604.357	*	365 / 4
=	99.46

Music Broadcast (NSE:RADIOCITY) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Music Broadcast Days Sales Outstanding Related Terms

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Music Broadcast (NSE:RADIOCITY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Broadcast Ltd (NSE:RADIOCITY) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

540366:India

Address

Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.radiocity.in

Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.

Music Broadcast (NSE:RADIOCITY) Headlines

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