Axiata Group Bhd (Axiata Group Bhd) Receivables Turnover : 1.40 (As of Dec. 2023)

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What is Axiata Group Bhd 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. Axiata Group Bhd's Revenue for the three months ended in Dec. 2023 was $992 Mil. Axiata Group Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was $709 Mil. Hence, Axiata Group Bhd's Receivables Turnover for the three months ended in Dec. 2023 was 1.40.

Axiata Group Bhd Receivables Turnover Historical Data

The historical data trend for Axiata Group Bhd'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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Axiata Group Bhd Receivables Turnover Chart

Axiata Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.95

13.52

10.11

9.21

10.27

Axiata Group Bhd 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															-	1.19	0.95	1.22	1.40

Competitive Comparison of Axiata Group Bhd's Receivables Turnover

For the Telecom Services subindustry, Axiata Group Bhd'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.

Axiata Group Bhd's Receivables Turnover Distribution in the Telecommunication Services Industry

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

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

Axiata Group Bhd Receivables Turnover Calculation

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

Axiata Group Bhd'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 )
=	4723.544	/ (	(449.778	+	469.785)	/	2 )
=	4723.544	/	459.7815
=	10.27

Axiata Group Bhd'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 )
=	991.671	/ (	(948.309	+	469.785)	/	2 )
=	991.671	/	709.047
=	1.40

Axiata Group Bhd (OTCPK:AXXTF) 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.

Axiata Group Bhd Receivables Turnover Related Terms

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Axiata Group Bhd (Axiata Group Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Axiata Group Bhd (OTCPK:AXXTF) » Definitions » Receivables Turnover

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6888:Malaysia

Address

Level 5, 9 Jalan Stesen Sentral 5, Axiata Tower, Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.axiata.com

Axiata Group Bhd is a telecommunications company. The business segments of the company are 1) Mobile segment includes the provision of mobile services and other services such as the provision of interconnect services, sale of devices, pay television transmission services, broadband services and digital business and others. 2) Fixed broadband segment is engaged in the broadband and broadcasting business. 3) Infrastructure segment is engaged in the provision of telecommunication infrastructure and related services. 4) Others comprise investment holding entities, financing entities and other operating companies providing other services including digital business and fibre optic transmission. The company has a presence in Malaysia, Indonesia, Bangladesh, Sri Lanka, Nepal, and Cambodia.

Axiata Group Bhd (Axiata Group Bhd) Headlines

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