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Total Telcom (TSXV:TTZ) Receivables Turnover : 2.86 (As of Dec. 2023)


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What is Total Telcom 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. Total Telcom's Revenue for the three months ended in Dec. 2023 was C$0.62 Mil. Total Telcom's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.22 Mil. Hence, Total Telcom's Receivables Turnover for the three months ended in Dec. 2023 was 2.86.


Total Telcom Receivables Turnover Historical Data

The historical data trend for Total Telcom'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.

Total Telcom Receivables Turnover Chart

Total Telcom Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.43 8.66 9.47 9.17 7.99

Total Telcom 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 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 2.35 1.83 2.28 1.21 2.86

Competitive Comparison of Total Telcom's Receivables Turnover

For the Communication Equipment subindustry, Total Telcom'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.


Total Telcom's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Total Telcom's Receivables Turnover distribution charts can be found below:

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



Total Telcom Receivables Turnover Calculation

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

Total Telcom's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=2.393 / ((0.194 + 0.405) / 2 )
=2.393 / 0.2995
=7.99

Total Telcom'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 )
=0.62 / ((0.162 + 0.271) / 2 )
=0.62 / 0.2165
=2.86

* 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.


Total Telcom  (TSXV:TTZ) 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.


Total Telcom Receivables Turnover Related Terms

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Total Telcom (TSXV:TTZ) Business Description

Traded in Other Exchanges
Address
1632 Dickson Avenue, Suite 540, Kelowna, BC, CAN, V1Y 7T2
Total Telcom Inc along with its subsidiaries is engaged in the development and sale of remote asset monitoring and tracking products and services. Geographically, the company derives a majority of revenue from the United States and also has a presence in Canada, and other countries.

Total Telcom (TSXV:TTZ) Headlines

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