Telstra Group (ASX:TLS) Receivables Turnover : 3.25 (As of Dec. 2023)

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What is Telstra 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. Telstra Group's Revenue for the six months ended in Dec. 2023 was A$11,210 Mil. Telstra Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$3,449 Mil. Hence, Telstra Group's Receivables Turnover for the six months ended in Dec. 2023 was 3.25.

Telstra Group Receivables Turnover Historical Data

The historical data trend for Telstra 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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Telstra Group Receivables Turnover Chart

Telstra Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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8.02

7.12

6.58

7.10

8.21

Telstra Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.81	3.04	3.29	3.35	3.25

Competitive Comparison of Telstra Group's Receivables Turnover

For the Telecom Services subindustry, Telstra 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.

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

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

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

Telstra Group Receivables Turnover Calculation

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

Telstra Group's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	22365	/ (	(2755	+	2693)	/	2 )
=	22365	/	2724
=	8.21

Telstra Group'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	11210	/ (	(2693	+	4205)	/	2 )
=	11210	/	3449
=	3.25

Telstra Group (ASX:TLS) 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.

Telstra Group Receivables Turnover Related Terms

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Telstra Group (ASX:TLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telstra Group Ltd (ASX:TLS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TTRAF:USA TLGPY:USA 5KBA:Germany

Address

242 Exhibition Street, Level 41, Melbourne, VIC, AUS, 3000

Website

https://www.telstra.com.au

Telstra is Australia's biggest telecommunications group, with material market shares in voice, mobile, data and internet, spanning retail, corporate and wholesale segments. Its fixed-line copper network will gradually be wound down as the government-owned National Broadband Network rolls out to all Australian households, but the group will be compensated accordingly. Investments into network applications and services, media, technology and overseas are being made to replace the expected lost fixed-line earnings longer term, while continuing cost-cuts are also critical.