Vonage Holdings (STU:V1Y) Receivables Turnover : 2.48 (As of Mar. 2022)

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What is Vonage Holdings 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. Vonage Holdings's Revenue for the three months ended in Mar. 2022 was €326 Mil. Vonage Holdings's average Accounts Receivable for the three months ended in Mar. 2022 was €132 Mil. Hence, Vonage Holdings's Receivables Turnover for the three months ended in Mar. 2022 was 2.48.

Vonage Holdings Receivables Turnover Historical Data

The historical data trend for Vonage Holdings'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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Vonage Holdings Receivables Turnover Chart

Vonage Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Receivables Turnover

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23.50

17.81

13.56

10.96

11.02

Vonage Holdings Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Receivables Turnover	Get a 7-Day Free Trial															2.95	2.96	2.76	2.61	2.48

Competitive Comparison of Vonage Holdings's Receivables Turnover

For the Telecom Services subindustry, Vonage Holdings'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.

Vonage Holdings's Receivables Turnover Distribution in the Telecommunication Services Industry

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

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

Vonage Holdings Receivables Turnover Calculation

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

Vonage Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Receivables Turnover (A: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2021 )	/ (	(Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )
=	1246.978	/ (	(95.602	+	130.645)	/	2 )
=	1246.978	/	113.1235
=	11.02

Vonage Holdings's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

	Receivables Turnover (Q: Mar. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2022 )	/ (	(Accounts Receivable (Q: Dec. 2021 )	+	Accounts Receivable (Q: Mar. 2022 ))	/	count )
=	325.816	/ (	(130.645	+	132.473)	/	2 )
=	325.816	/	131.559
=	2.48

Vonage Holdings (STU:V1Y) 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.

Vonage Holdings Receivables Turnover Related Terms

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Vonage Holdings (STU:V1Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vonage Holdings Corp (STU:V1Y) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Main Street, Holmdel, NJ, USA, 07733

Website

https://www.vonage.com

Vonage Holdings Corp is a North American technology company that provides cloud communication services to businesses and consumers. For businesses, the company provides unified communications (as a service), which consists of integrated voice, text, video, data, and mobile applications over Voice over Internet Protocol network. Its reportable operating segments include Vonage Communications Platform and Consumer. For consumer service customers, there is a home telephone replacement service. This can include services such as voicemail, call waiting, and call forwarding. This service is delivered over the Internet. The company generates most of its revenue within the United States.

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