TELUS International (Cda) (TSX:TIXT) Receivables Turnover : 2.38 (As of Mar. 2024)

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What is TELUS International (Cda) 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. TELUS International (Cda)'s Revenue for the three months ended in Mar. 2024 was C$889 Mil. TELUS International (Cda)'s average Accounts Receivable for the three months ended in Mar. 2024 was C$373 Mil. Hence, TELUS International (Cda)'s Receivables Turnover for the three months ended in Mar. 2024 was 2.38.

TELUS International (Cda) Receivables Turnover Historical Data

The historical data trend for TELUS International (Cda)'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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TELUS International (Cda) Receivables Turnover Chart

TELUS International (Cda) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.80

9.51

11.67

11.65

10.75

TELUS International (Cda) Quarterly Data
	Dec18	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															1.91	1.78	1.82	1.78	2.38

Competitive Comparison of TELUS International (Cda)'s Receivables Turnover

For the Software - Infrastructure subindustry, TELUS International (Cda)'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.

TELUS International (Cda)'s Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, TELUS International (Cda)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TELUS International (Cda)'s Receivables Turnover falls into.

TELUS International (Cda) Receivables Turnover Calculation

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

TELUS International (Cda)'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 )
=	3633.053	/ (	(302.945	+	372.965)	/	2 )
=	3633.053	/	337.955
=	10.75

TELUS International (Cda)'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 )
=	889.315	/ (	(372.965	+	0)	/	1 )
=	889.315	/	372.965
=	2.38

TELUS International (Cda) (TSX:TIXT) 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.

TELUS International (Cda) Receivables Turnover Related Terms

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TELUS International (Cda) (TSX:TIXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TELUS International (Cda) Inc (TSX:TIXT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TIXT:USA 5Z9:Germany

Address

510 West Georgia Street, Floor 7, Vancouver, BC, CAN, V6B 0M3

Website

https://www.telusinternational.com

TELUS International (Cda) Inc is a digital customer experience innovator that designs, builds, and delivers next-generation solutions. Its clients include companies across several verticals, including Tech and Games, eCommerce and FinTech, Banking, Financial Services and Insurance, Communications and Media, and Travel and Hospitality. The solutions offered by the company include Digital Experience, Customer Experience, Advisory Services, and Back Office and Automation among other services. Geographically, it derives a majority of its revenue from the European region.