Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Receivables Turnover : 3.06 (As of Dec. 2023)

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What is Turkcell Iletisim Hizmetleri AS 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. Turkcell Iletisim Hizmetleri AS's Revenue for the three months ended in Dec. 2023 was $1,451 Mil. Turkcell Iletisim Hizmetleri AS's average Accounts Receivable for the three months ended in Dec. 2023 was $475 Mil. Hence, Turkcell Iletisim Hizmetleri AS's Receivables Turnover for the three months ended in Dec. 2023 was 3.06.

Turkcell Iletisim Hizmetleri AS Receivables Turnover Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri AS'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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Turkcell Iletisim Hizmetleri AS Receivables Turnover Chart

Turkcell Iletisim Hizmetleri AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.48

11.87

12.12

8.16

8.21

Turkcell Iletisim Hizmetleri AS 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															5.84	1.47	1.42	1.61	3.06

Competitive Comparison of Turkcell Iletisim Hizmetleri AS's Receivables Turnover

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri AS'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.

Turkcell Iletisim Hizmetleri AS's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Receivables Turnover falls into.

Turkcell Iletisim Hizmetleri AS Receivables Turnover Calculation

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

Turkcell Iletisim Hizmetleri AS's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	3683.737	/ (	(542.738	+	354.247)	/	2 )
=	3683.737	/	448.4925
=	8.21

Turkcell Iletisim Hizmetleri AS'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 )
=	1451.137	/ (	(594.791	+	354.247)	/	2 )
=	1451.137	/	474.519
=	3.06

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) 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.

Turkcell Iletisim Hizmetleri AS Receivables Turnover Related Terms

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Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turkcell Iletisim Hizmetleri AS (NYSE:TKC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TCELL:Turkey TUL1:Germany TUL1:Germany

Address

Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854

Website

https://www.turkcell.com.tr

Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.