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Telia Company AB (Telia Company AB) Receivables Turnover : 1.47 (As of Mar. 2024)


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What is Telia Company AB 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. Telia Company AB's Revenue for the three months ended in Mar. 2024 was $2,043 Mil. Telia Company AB's average Accounts Receivable for the three months ended in Mar. 2024 was $1,388 Mil. Hence, Telia Company AB's Receivables Turnover for the three months ended in Mar. 2024 was 1.47.


Telia Company AB Receivables Turnover Historical Data

The historical data trend for Telia Company AB'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.

* Premium members only.

Telia Company AB Receivables Turnover Chart

Telia Company AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.27 7.80 10.23 9.07 7.54

Telia Company AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.80 1.53 1.46 1.66 1.47

Competitive Comparison of Telia Company AB's Receivables Turnover

For the Telecom Services subindustry, Telia Company AB'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.


Telia Company AB's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Telia Company AB's Receivables Turnover falls into.



Telia Company AB Receivables Turnover Calculation

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

Telia Company AB'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 )
=8655.533 / ((889.381 + 1407.054) / 2 )
=8655.533 / 1148.2175
=7.54

Telia Company AB's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2043.453 / ((1407.054 + 1369.762) / 2 )
=2043.453 / 1388.408
=1.47

* 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.


Telia Company AB  (OTCPK:TLSNY) 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.


Telia Company AB Receivables Turnover Related Terms

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Telia Company AB (Telia Company AB) Business Description

Address
Stjarntorget 1, Solna, Stockholm, SWE, 169 94
Telia is the incumbent telecommunications operator in Sweden but is also present in Norway, Finland, Denmark, and the Baltic countries. In the past five years, Telia has been narrowing its business focus, divesting businesses in Asia and focusing on its core markets. In 2022 Telia had revenue of more than SEK 90 billion, with the majority of it coming from the Nordic markets.

Telia Company AB (Telia Company AB) Headlines

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