Qualcomm (MEX:QCOM) Receivables Turnover : 4.03 (As of Sep. 2024)

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What is Qualcomm 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. Qualcomm's Revenue for the three months ended in Sep. 2024 was MXN201,707 Mil. Qualcomm's average Accounts Receivable for the three months ended in Sep. 2024 was MXN50,110 Mil. Hence, Qualcomm's Receivables Turnover for the three months ended in Sep. 2024 was 4.03.

Qualcomm Receivables Turnover Historical Data

The historical data trend for Qualcomm'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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Qualcomm Receivables Turnover Chart

Qualcomm Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Receivables Turnover

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12.99

13.16

13.73

10.62

19.25

Qualcomm 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															3.02	3.62	2.83	3.29	4.03

Competitive Comparison of Qualcomm's Receivables Turnover

For the Semiconductors subindustry, Qualcomm'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.

Qualcomm's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Qualcomm's Receivables Turnover distribution charts can be found below:

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

Qualcomm Receivables Turnover Calculation

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

Qualcomm's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Receivables Turnover (A: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2024 )	/ (	(Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )
=	767173.469	/ (	(33496.539	+	46213.134)	/	2 )
=	767173.469	/	39854.8365
=	19.25

Qualcomm'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 )
=	201707.433	/ (	(54007.664	+	46213.134)	/	2 )
=	201707.433	/	50110.399
=	4.03

Qualcomm (MEX:QCOM) 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.

Qualcomm Receivables Turnover Related Terms

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Address

5775 Morehouse Drive, San Diego, CA, USA, 92121-1714

Website

https://www.qualcomm.com

Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.