Nortel Inversora (BUE:NORT6) Receivables Turnover: 2.14 (As of Sep. 2017)

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What is Nortel Inversora Receivables Turnover?

Nortel Inversora BUE:NORT6 Receivables Turnover is 2.14 as of Sep. 2017. The stock has 9 warning signs investors should review.

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. Nortel Inversora's Revenue for the three months ended in Sep. 2017 was ARS16,741 Mil. Nortel Inversora's average Accounts Receivable for the three months ended in Sep. 2017 was ARS7,839 Mil. Hence, Nortel Inversora's Receivables Turnover for the three months ended in Sep. 2017 was 2.14.


Nortel Inversora  (BUE:NORT6) 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.


Nortel Inversora Receivables Turnover Related Terms


Nortel Inversora Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nortel Inversora'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.

Nortel Inversora Receivables Turnover Chart

Nortel Inversora Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.01 10.46 9.39 8.28 8.05

Nortel Inversora Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 1.71 1.86 1.89 1.99 2.14

BUE:NORT6 vs GLIBA, TDCAF: Receivables Turnover Comparison

For the Telecom Services subindustry, Nortel Inversora'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.


Nortel Inversora Receivables Turnover vs Telecommunication Services Industry

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

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



Nortel Inversora Receivables Turnover Calculation

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

Nortel Inversora's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=53322 / ((5663 + 7577) / 2 )
=53322 / 6620
=8.05

Nortel Inversora's Receivables Turnover for the quarter that ended in Sep. 2017 is calculated as

Receivables Turnover (Q: Sep. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2017 ) / ((Accounts Receivable (Q: Jun. 2017 ) + Accounts Receivable (Q: Sep. 2017 )) / count )
=16741 / ((7854 + 7824) / 2 )
=16741 / 7839
=2.14

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.14 mean?
Nortel Inversora (BUE:NORT6) has a Receivables Turnover of 2.14 as of Sep. 2017. The accounts 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. View historical data on Nortel Inversora and its competitors.
Is Nortel Inversora's Receivables Turnover too high?
Nortel Inversora's current Receivables Turnover is 2.14. The Telecommunication Services industry median Receivables Turnover is 6.43. Nortel Inversora's value of 2.14 is 66.7% below this industry median.
How does Nortel Inversora's Receivables Turnover compare to GLIBA and TDCAF?
Nortel Inversora's Receivables Turnover of 2.14 can be compared against companies in the Telecommunication Services industry. The industry median Receivables Turnover is 6.43. Nortel Inversora's value of 2.14 is 66.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Telecommunication Services company?
The median Receivables Turnover among Telecommunication Services companies is 6.43, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nortel Inversora's current Receivables Turnover of 2.14 is 66.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Nortel Inversora and its competitors. For the Telecommunication Services industry, the median Receivables Turnover is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nortel Inversora's current Receivables Turnover is 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nortel Inversora stock overvalued right now?
Nortel Inversora (BUE:NORT6) has a current Receivables Turnover of 2.14. The current Receivables Turnover is 2.14 and 66.7% below the Telecommunication Services industry median of 6.43. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Nortel Inversora (BUE:NORT6), the current Receivables Turnover is 2.14 as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nortel Inversora Business Description

Nortel Inversora SA is a holding company. The company provides fixed-line public telecommunications services and basic telephone services. Nortel operates through the following segments: Fixed Services; Personal Mobile Services; and Nucleo Mobile Services. The Fixed Services division provides a local area, national long-distance and international communications, supplementary services, data transmission, internet services, IT solution outsourcing and sales of equipment. Personal Mobile Services and Nucleo Mobile Services division offerings include voice communications, high-speed mobile internet content and applications download, multimedia messaging services, among others; and sale of mobile communication devices.