Orange (Orange) Receivables Turnover : 3.71 (As of Dec. 2023)

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What is Orange 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. Orange's Revenue for the six months ended in Dec. 2023 was $24,621 Mil. Orange's average Accounts Receivable for the six months ended in Dec. 2023 was $6,629 Mil. Hence, Orange's Receivables Turnover for the six months ended in Dec. 2023 was 3.71.

Orange Receivables Turnover Historical Data

The historical data trend for Orange'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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Orange Receivables Turnover Chart

Orange Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.86

8.07

7.04

6.83

7.27

Orange Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.65	3.43	3.62	3.49	3.71

Competitive Comparison of Orange's Receivables Turnover

For the Telecom Services subindustry, Orange'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.

Orange's Receivables Turnover Distribution in the Telecommunication Services Industry

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

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

Orange Receivables Turnover Calculation

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

Orange'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 )
=	48115.594	/ (	(6679.025	+	6557.252)	/	2 )
=	48115.594	/	6618.1385
=	7.27

Orange'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	24620.502	/ (	(6699.892	+	6557.252)	/	2 )
=	24620.502	/	6628.572
=	3.71

Orange (NYSE:ORAN) 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.

Orange Receivables Turnover Related Terms

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Orange (Orange) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Orange SA (NYSE:ORAN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

FNCTF:USA ORA:Italy ORAp:UK 0A2Q:UK 0OQV:UK ORA:France FTE:Germany FTE1:Germany FTE:Germany FTE1:Germany FTE:Germany ORA:Austria

Address

111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://www.orange.com

Orange is the incumbent telecom operator in France. The company operates fixed and wireless businesses in France, where it is the market leader ahead of Iliad, Bouygues, and SFR. Orange also has fixed and wireless (convergent) operations in Spain, Poland, Belgium, Luxembourg, and Central Europe (Romania, Slovakia, Moldova). Around 15% of revenue comes from emerging African markets, where the company only operates wireless networks, and 20% comes from the enterprise segment, which serves companies with more than 50 employees in France and internationally.