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Vodafone Idea (NSE:IDEA) Receivables Turnover : 4.82 (As of Mar. 2024)


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What is Vodafone Idea 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. Vodafone Idea's Revenue for the three months ended in Mar. 2024 was ₹105,743 Mil. Vodafone Idea's average Accounts Receivable for the three months ended in Mar. 2024 was ₹21,948 Mil. Hence, Vodafone Idea's Receivables Turnover for the three months ended in Mar. 2024 was 4.82.


Vodafone Idea Receivables Turnover Historical Data

The historical data trend for Vodafone Idea'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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Vodafone Idea Receivables Turnover Chart

Vodafone Idea Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.04 18.50 19.33 23.35 22.13

Vodafone Idea 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.36 6.42 4.86 4.84 4.82

Competitive Comparison of Vodafone Idea's Receivables Turnover

For the Telecom Services subindustry, Vodafone Idea'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.


Vodafone Idea's Receivables Turnover Distribution in the Telecommunication Services Industry

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

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



Vodafone Idea Receivables Turnover Calculation

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

Vodafone Idea's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=425727 / ((16532 + 21948) / 2 )
=425727 / 19240
=22.13

Vodafone Idea'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 )
=105743 / ((0 + 21948) / 1 )
=105743 / 21948
=4.82

* 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.


Vodafone Idea  (NSE:IDEA) 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.


Vodafone Idea Receivables Turnover Related Terms

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Vodafone Idea (NSE:IDEA) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Marg, Birla Centurion, 10th Floor, Plot No. 794, B Wing, Century Mills Compound, Worli, Mumbai, MH, IND, 400 030
Vodafone Idea Ltd is a telecommunications company that provides mobile services and operates under one segment namely Mobility services. Mobility services generates revenue from mobile services and constitutes the majority of overall company revenue. The company owns telecommunications infrastructure, such as fiber networks and mobile towers. The company generates the vast majority of its revenue in India.

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