YeboYethu (JSE:YYLBEE) Receivables Turnover : 121.99 (As of Sep. 2023)

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What is YeboYethu 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. YeboYethu's Revenue for the six months ended in Sep. 2023 was R377.7 Mil. YeboYethu's average Accounts Receivable for the six months ended in Sep. 2023 was R3.1 Mil. Hence, YeboYethu's Receivables Turnover for the six months ended in Sep. 2023 was 121.99.

YeboYethu Receivables Turnover Historical Data

The historical data trend for YeboYethu'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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YeboYethu Receivables Turnover Chart

YeboYethu Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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187.08

440,637.00

YeboYethu Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial												77.31	79.19	75.26	118.98	121.99

Competitive Comparison of YeboYethu's Receivables Turnover

For the Telecom Services subindustry, YeboYethu'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.

YeboYethu's Receivables Turnover Distribution in the Telecommunication Services Industry

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

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

YeboYethu Receivables Turnover Calculation

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

YeboYethu's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	881.274	/ (	(0	+	0.002)	/	1 )
=	881.274	/	0.002
=	440,637.00

YeboYethu's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	377.689	/ (	(0.002	+	6.19)	/	2 )
=	377.689	/	3.096
=	121.99

YeboYethu (JSE:YYLBEE) 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.

YeboYethu Receivables Turnover Related Terms

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YeboYethu (JSE:YYLBEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » YeboYethu Ltd (JSE:YYLBEE) » Definitions » Receivables Turnover

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Address

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

Website

https://www.yeboyethu.co.za

YeboYethu Ltd is a special purpose company formed for the purpose is to buy and hold Vodacom SA ordinary shares and Vodacom SA A shares for the benefit of shareholders. Vodacom SA is the largest mobile communications network operator in South Africa by a number of customers and revenue. The principal activities of the company are to carry on the business of acquiring and holding shares in Vodacom Group and receive and distribute dividends and other distributions received by it pursuant to its holding in Vodacom Group.

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