Vodacom Group (FRA:5VD) Receivables Turnover : 2.53 (As of Mar. 2024)

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What is Vodacom Group 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. Vodacom Group's Revenue for the six months ended in Mar. 2024 was €3,797 Mil. Vodacom Group's average Accounts Receivable for the six months ended in Mar. 2024 was €1,501 Mil. Hence, Vodacom Group's Receivables Turnover for the six months ended in Mar. 2024 was 2.53.

Vodacom Group Receivables Turnover Historical Data

The historical data trend for Vodacom Group'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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Vodacom Group Receivables Turnover Chart

Vodacom Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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4.63

5.08

5.16

4.48

5.24

Vodacom Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.50	2.35	2.42	2.35	2.53

Competitive Comparison of Vodacom Group's Receivables Turnover

For the Telecom Services subindustry, Vodacom Group'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.

Vodacom Group's Receivables Turnover Distribution in the Telecommunication Services Industry

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

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

Vodacom Group Receivables Turnover Calculation

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

Vodacom Group's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	7350.804	/ (	(1431.832	+	1374.255)	/	2 )
=	7350.804	/	1403.0435
=	5.24

Vodacom Group'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: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	3797.383	/ (	(1626.807	+	1374.255)	/	2 )
=	3797.383	/	1500.531
=	2.53

Vodacom Group (FRA:5VD) 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.

Vodacom Group Receivables Turnover Related Terms

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Vodacom Group (FRA:5VD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vodacom Group Ltd (FRA:5VD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

VOD:South Africa VDMCY:USA

Address

082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685

Website

https://www.vodacom.com

Vodacom Group Ltd is a telecommunications provider. The company provides fixed-line, broadband, and mobile services. It earns revenue through two main segments: South Africa and international. International includes regions such as Tanzania, Democratic Republic of Congo, Mozambique, and Lesotho; the majority of revenue is sourced from South Africa. Vodacom also has an enterprise service product, whereby telecommunications and managed services are offered to enterprises. The company owns mobile infrastructure.

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