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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. MTN Nigeria Communications's Revenue for the
three
months ended in Mar. 2026 was ₦1,498,321 Mil. MTN Nigeria Communications's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₦132,480 Mil.
Hence, MTN Nigeria Communications's Receivables Turnover for the
three
months ended in Mar. 2026 was 11.31.
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.
MTN Nigeria Communications Receivables Turnover Related Terms
MTN Nigeria Communications Receivables Turnover Historical Data
* 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.
NSA:MTNN vs TMUS, VZ, T: Receivables Turnover Comparison
For the Telecom Services subindustry, MTN Nigeria 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.
MTN Nigeria Communications Receivables Turnover vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, MTN Nigeria Communications's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where MTN Nigeria Communications's Receivables Turnover falls into.
* 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.
MTN Nigeria Communications (NSA:MTNN) has a Receivables Turnover of 11.31 as of Mar. 2026. 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 MTN Nigeria Communications and its competitors. According to the industry distribution chart, MTN Nigeria Communications ranks #6 out of 362 companies in the Telecommunication Services industry, placing it in the top 1.7%.
Is MTN Nigeria Communications' Receivables Turnover too high?
MTN Nigeria Communications' current Receivables Turnover is 11.31. The Telecommunication Services industry median Receivables Turnover is 6.15. MTN Nigeria Communications' value of 11.31 is 83.9% above this industry median. Based on the distribution chart, MTN Nigeria Communications ranks #6 out of 362 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, MTN Nigeria Communications has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Nigeria Communications' Receivables Turnover compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, MTN Nigeria Communications ranks #6 out of 362 companies for Receivables Turnover. This places MTN Nigeria Communications in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.15. MTN Nigeria Communications' value of 11.31 is 83.9% above 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 6.15, based on 362 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. MTN Nigeria Communications's current Receivables Turnover of 11.31 is 83.9% above 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 MTN Nigeria Communications and its competitors. For the Telecommunication Services industry, the median Receivables Turnover is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Nigeria Communications's current Receivables Turnover is 11.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Nigeria Communications stock overvalued right now?
Based on GuruFocus' analysis, MTN Nigeria Communications (NSA:MTNN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦625.38, compared to a current price of ₦850.00 — trading 35.9% above its estimated fair value. The current Receivables Turnover is 11.31 and 83.9% above the Telecommunication Services industry median of 6.15. MTN Nigeria Communications' overall GF Score™ is 85/100 with 3 warning signs to review. 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 MTN Nigeria Communications (NSA:MTNN), the current Receivables Turnover is 11.31 as of Mar. 2026. 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.
Is MTN Nigeria Communications (NSA:MTNN) Overvalued in 2026?
Based on GuruFocus' analysis, MTN Nigeria Communications stock appears to be overvalued.
The current stock price of ₦850.00 is trading 35.9% above its estimated GF Value™ of ₦625.38.
GuruFocus considers MTN Nigeria Communications to be Significantly Overvalued.
Key valuation signals for NSA:MTNN:
Receivables Turnover: 11.31
GF Value™: ₦625.38 vs. price of ₦850.00 (35.9% above fair value)
Industry Position: 83.9% above the Telecommunication Services median (#6 of 362)
No single metric tells the full story. See the NSA:MTNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, mobile broadband solutions, and fibre-to-the-home connectivity. The group operates in three reportable segments, namely, Consumer Business Unit (CBU), which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value, and Mass segments, Enterprise Business Unit (EBU), which consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU), which serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.
85GF Score
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