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Telecomunicacoes Brasileiras (BSP:TELB3) Receivables Turnover : 0.69 (As of Sep. 2023)


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What is Telecomunicacoes Brasileiras 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. Telecomunicacoes Brasileiras's Revenue for the three months ended in Sep. 2023 was R$108.8 Mil. Telecomunicacoes Brasileiras's average Accounts Receivable for the three months ended in Sep. 2023 was R$157.5 Mil. Hence, Telecomunicacoes Brasileiras's Receivables Turnover for the three months ended in Sep. 2023 was 0.69.


Telecomunicacoes Brasileiras Receivables Turnover Historical Data

The historical data trend for Telecomunicacoes Brasileiras'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.

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Telecomunicacoes Brasileiras Receivables Turnover Chart

Telecomunicacoes Brasileiras Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.42 2.73 2.85 3.15 3.62

Telecomunicacoes Brasileiras Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 0.59 0.75 0.80 0.72 0.69

Competitive Comparison of Telecomunicacoes Brasileiras's Receivables Turnover

For the Telecom Services subindustry, Telecomunicacoes Brasileiras'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.


Telecomunicacoes Brasileiras's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecomunicacoes Brasileiras's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Telecomunicacoes Brasileiras's Receivables Turnover falls into.



Telecomunicacoes Brasileiras Receivables Turnover Calculation

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

Telecomunicacoes Brasileiras's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=347.84 / ((86.437 + 105.869) / 2 )
=347.84 / 96.153
=3.62

Telecomunicacoes Brasileiras's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=108.751 / ((164.212 + 150.839) / 2 )
=108.751 / 157.5255
=0.69

* 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.


Telecomunicacoes Brasileiras  (BSP:TELB3) 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.


Telecomunicacoes Brasileiras Receivables Turnover Related Terms

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Telecomunicacoes Brasileiras (BSP:TELB3) Business Description

Traded in Other Exchanges
Address
Commercial Sector South - Quadra 09 - Bloco B, Rooms 301-405, Building Corporate Park City - Tower B, Brasilia, DF, BRA, 70308200
Telecomunicacoes Brasileiras SA is a Brazil-based company. Along with its subsidiaries, the firm offers telecommunication services in the areas of fixed line and mobile communication and internet access services. Its product portfolio includes IP (Internet Protocol) Telebras, Telebras Point-to-Point, and Telebras MPLS (Multiprotocol Label Switching) Network. The company also provides broadband services and infrastructure support services.

Telecomunicacoes Brasileiras (BSP:TELB3) Headlines

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