Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) Receivables Turnover : 1.48 (As of Dec. 2023)

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What is Bezeq The Israeli Telecommunication 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. Bezeq The Israeli Telecommunication's Revenue for the three months ended in Dec. 2023 was $594 Mil. Bezeq The Israeli Telecommunication's average Accounts Receivable for the three months ended in Dec. 2023 was $402 Mil. Hence, Bezeq The Israeli Telecommunication's Receivables Turnover for the three months ended in Dec. 2023 was 1.48.

Bezeq The Israeli Telecommunication Receivables Turnover Historical Data

The historical data trend for Bezeq The Israeli Telecommunication'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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Bezeq The Israeli Telecommunication Receivables Turnover Chart

Bezeq The Israeli Telecommunication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.18

5.26

5.07

5.45

6.24

Bezeq The Israeli Telecommunication 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															1.55	1.56	1.53	1.49	1.48

Competitive Comparison of Bezeq The Israeli Telecommunication's Receivables Turnover

For the Telecom Services subindustry, Bezeq The Israeli Telecommunication'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.

Bezeq The Israeli Telecommunication's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Bezeq The Israeli Telecommunication's Receivables Turnover falls into.

Bezeq The Israeli Telecommunication Receivables Turnover Calculation

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

Bezeq The Israeli Telecommunication'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 )
=	2423.689	/ (	(383.402	+	393.254)	/	2 )
=	2423.689	/	388.328
=	6.24

Bezeq The Israeli Telecommunication'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 )
=	594.007	/ (	(409.761	+	393.254)	/	2 )
=	594.007	/	401.5075
=	1.48

Bezeq The Israeli Telecommunication (OTCPK:BZQIY) 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.

Bezeq The Israeli Telecommunication Receivables Turnover Related Terms

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Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Bezeq The Israeli Telecommunication Corp Ltd (OTCPK:BZQIY) » Definitions » Receivables Turnover

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BEZQ:Israel

Address

132 Menachem Begin Avenue, Azrieli Center, (Triangle Tower), 27th Floor, Tel Aviv, ISR, 61620

Website

https://www.bezeq.co.il

Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services. The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue. Pelephone derives revenue from the provision of mobile services. Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively. The company owns telecommunications infrastructure, such as fibre networks. It generates the vast majority of its revenue in Israel.