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Madhya Pradesh Today Media (NSE:MPTODAY) Receivables Turnover : 0.97 (As of Mar. 2022)


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What is Madhya Pradesh Today Media 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. Madhya Pradesh Today Media's Revenue for the six months ended in Mar. 2022 was ₹113.0 Mil. Madhya Pradesh Today Media's average Accounts Receivable for the six months ended in Mar. 2022 was ₹116.7 Mil. Hence, Madhya Pradesh Today Media's Receivables Turnover for the six months ended in Mar. 2022 was 0.97.


Madhya Pradesh Today Media Receivables Turnover Historical Data

The historical data trend for Madhya Pradesh Today Media'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.

Madhya Pradesh Today Media Receivables Turnover Chart

Madhya Pradesh Today Media Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.44 2.72 1.70 1.74 1.73

Madhya Pradesh Today Media Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 0.69 0.82 0.79 0.97 -

Competitive Comparison of Madhya Pradesh Today Media's Receivables Turnover

For the Publishing subindustry, Madhya Pradesh Today Media'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.


Madhya Pradesh Today Media's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Madhya Pradesh Today Media's Receivables Turnover falls into.



Madhya Pradesh Today Media Receivables Turnover Calculation

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

Madhya Pradesh Today Media'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 )
=218.137 / ((121.714 + 130.784) / 2 )
=218.137 / 126.249
=1.73

Madhya Pradesh Today Media's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

Receivables Turnover (Q: Mar. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2022 ) / ((Accounts Receivable (Q: Sep. 2021 ) + Accounts Receivable (Q: Mar. 2022 )) / count )
=112.998 / ((111.696 + 121.714) / 2 )
=112.998 / 116.705
=0.97

* 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.


Madhya Pradesh Today Media  (NSE:MPTODAY) 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.


Madhya Pradesh Today Media Receivables Turnover Related Terms

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Madhya Pradesh Today Media (NSE:MPTODAY) Business Description

Traded in Other Exchanges
N/A
Address
M.P. Nagar, Plot No. 5, Press Complex, Zone - I, Bhopal, MP, IND, 462011
Madhya Pradesh Today Media Ltd is engaged in the publication of the newspaper, news through the news portal, and event-based magazines. The company's newspapers include Pradesh Today, and Morning Daily, among others. The company is primarily engaged in print media. It generates maximum revenue from Advertisements.

Madhya Pradesh Today Media (NSE:MPTODAY) Headlines

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