Emirates Integrated Telecommunications Co PJSC (DFM:DU) Receivables Turnover : 1.61 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Emirates Integrated Telecommunications Co PJSC 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. Emirates Integrated Telecommunications Co PJSC's Revenue for the three months ended in Mar. 2024 was د.إ3,581 Mil. Emirates Integrated Telecommunications Co PJSC's average Accounts Receivable for the three months ended in Mar. 2024 was د.إ2,231 Mil. Hence, Emirates Integrated Telecommunications Co PJSC's Receivables Turnover for the three months ended in Mar. 2024 was 1.61.

Emirates Integrated Telecommunications Co PJSC Receivables Turnover Historical Data

The historical data trend for Emirates Integrated Telecommunications Co PJSC'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.

Emirates Integrated Telecommunications Co PJSC Receivables Turnover Chart

Emirates Integrated Telecommunications Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

8.54

8.21

6.89

5.89

6.23

Emirates Integrated Telecommunications Co PJSC Quarterly Data
	Jun19	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															1.50	1.42	1.48	1.62	1.61

Competitive Comparison of Emirates Integrated Telecommunications Co PJSC's Receivables Turnover

For the Telecom Services subindustry, Emirates Integrated Telecommunications Co PJSC'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.

Emirates Integrated Telecommunications Co PJSC's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Emirates Integrated Telecommunications Co PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Emirates Integrated Telecommunications Co PJSC's Receivables Turnover falls into.

Emirates Integrated Telecommunications Co PJSC Receivables Turnover Calculation

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

Emirates Integrated Telecommunications Co PJSC'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 )
=	13636.34	/ (	(2153.779	+	2224.031)	/	2 )
=	13636.34	/	2188.905
=	6.23

Emirates Integrated Telecommunications Co PJSC'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 )
=	3581.433	/ (	(2224.031	+	2237.326)	/	2 )
=	3581.433	/	2230.6785
=	1.61

Emirates Integrated Telecommunications Co PJSC (DFM:DU) 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.

Emirates Integrated Telecommunications Co PJSC Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Emirates Integrated Telecommunications Co PJSC's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Emirates Integrated Telecommunications Co PJSC (DFM:DU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Emirates Integrated Telecommunications Co PJSC (DFM:DU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Salam Tower, Dubai Media City, P.O. Box 502666, Dubai, ARE

Website

http://www.du.ae

Emirates Integrated Telecommunications Co PJSC is a telecommunication service provider. The company provides telecommunications and entertainment services to customers in the UAE. It is organized into four business segments: Mobile, Fixed, Wholesale, and Others Segment. Mobile Segment, which derives the company's revenue, offers mobility services to the enterprise and consumer market; the Fixed Segment provides wireline services; Wholesale Segment provides voice and data services to national and international carriers and operators, and Others include broadcasting services, international roaming, site sharing, etc.

Emirates Integrated Telecommunications Co PJSC (DFM:DU) Headlines

No Headlines