Charter Communications (MEX:CHTR) Receivables Turnover : 4.71 (As of Sep. 2024)

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What is Charter Communications 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. Charter Communications's Revenue for the three months ended in Sep. 2024 was MXN271,628 Mil. Charter Communications's average Accounts Receivable for the three months ended in Sep. 2024 was MXN57,675 Mil. Hence, Charter Communications's Receivables Turnover for the three months ended in Sep. 2024 was 4.71.

Charter Communications Receivables Turnover Historical Data

The historical data trend for Charter Communications'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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Charter Communications Receivables Turnover Chart

Charter Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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22.70

20.68

20.50

19.17

17.28

Charter Communications Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															4.72	4.59	4.53	4.78	4.71

Competitive Comparison of Charter Communications's Receivables Turnover

For the Telecom Services subindustry, Charter Communications'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.

Charter Communications's Receivables Turnover Distribution in the Telecommunication Services Industry

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

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

Charter Communications Receivables Turnover Calculation

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

Charter Communications'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 )
=	926912.76	/ (	(56947.816	+	50328.645)	/	2 )
=	926912.76	/	53638.2305
=	17.28

Charter Communications's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	271627.689	/ (	(54960.309	+	60390.15)	/	2 )
=	271627.689	/	57675.2295
=	4.71

Charter Communications (MEX:CHTR) 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.

Charter Communications Receivables Turnover Related Terms

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Charter Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Charter Communications Inc (MEX:CHTR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CHTR:USA 1CHTR:Italy 0HW4:UK CQD:Germany CQD:Germany CHCM34:Brazil CHTR:Austria

Address

400 Washington Boulevard, Stamford, CT, USA, 06902

Website

https://corporate.charter.com

Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 35% of the country. Across this footprint, Charter serves 29 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.