TPG Telecom (ASX:TPG) Receivables Turnover : 5.17 (As of Dec. 2023)

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What is TPG Telecom 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. TPG Telecom's Revenue for the six months ended in Dec. 2023 was A$2,825 Mil. TPG Telecom's average Accounts Receivable for the six months ended in Dec. 2023 was A$546 Mil. Hence, TPG Telecom's Receivables Turnover for the six months ended in Dec. 2023 was 5.17.

TPG Telecom Receivables Turnover Historical Data

The historical data trend for TPG Telecom'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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TPG Telecom Receivables Turnover Chart

TPG Telecom Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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21.10

24.72

23.52

25.60

22.86

TPG Telecom Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															7.31	6.94	7.23	5.18	5.17

Competitive Comparison of TPG Telecom's Receivables Turnover

For the Telecom Services subindustry, TPG Telecom'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.

TPG Telecom's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where TPG Telecom's Receivables Turnover falls into.

TPG Telecom Receivables Turnover Calculation

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

TPG Telecom'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 )
=	5533	/ (	(219	+	265)	/	2 )
=	5533	/	242
=	22.86

TPG Telecom'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 )
=	2825	/ (	(827	+	265)	/	2 )
=	2825	/	546
=	5.17

TPG Telecom (ASX:TPG) 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.

TPG Telecom Receivables Turnover Related Terms

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TPG Telecom (ASX:TPG) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TPG Telecom Ltd (ASX:TPG) » Definitions » Receivables Turnover

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Address

177 Pacific Highway, Level 1, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.tpgtelecom.com.au

TPG Telecom is Australia's third-largest integrated telecom services company. It offers broadband, telephony, mobile, enterprise communications, and networking solutions catering to all market segments (consumer, small business, corporate and wholesale, government). The group has grown materially since 2008, both via organic growth and acquisitions, and in July 2020 merged with Vodafone Australia. It owns an extensive stable of infrastructure assets.