TCMFF (Telecom Argentina) Receivables Turnover : 3.27 (As of Sep. 2024)

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What is Telecom Argentina 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. Telecom Argentina's Revenue for the three months ended in Sep. 2024 was $1,034.34 Mil. Telecom Argentina's average Accounts Receivable for the three months ended in Sep. 2024 was $315.86 Mil. Hence, Telecom Argentina's Receivables Turnover for the three months ended in Sep. 2024 was 3.27.

Telecom Argentina Receivables Turnover Historical Data

The historical data trend for Telecom Argentina'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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Telecom Argentina Receivables Turnover Chart

Telecom Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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12.45

21.14

44.00

16.85

7.87

Telecom Argentina 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															11.54	-	2.28	3.61	3.27

Competitive Comparison of Telecom Argentina's Receivables Turnover

For the Telecom Services subindustry, Telecom Argentina'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.

Telecom Argentina's Receivables Turnover Distribution in the Telecommunication Services Industry

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

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

Telecom Argentina Receivables Turnover Calculation

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

Telecom Argentina'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 )
=	5703.881	/ (	(984.08	+	465.227)	/	2 )
=	5703.881	/	724.6535
=	7.87

Telecom Argentina'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 )
=	1034.341	/ (	(281.725	+	349.987)	/	2 )
=	1034.341	/	315.856
=	3.27

Telecom Argentina (OTCPK:TCMFF) 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.

Telecom Argentina Receivables Turnover Related Terms

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Telecom Argentina Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Argentina SA (OTCPK:TCMFF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TEO:USA TEO:Germany TEO:Germany TECO2:Argentina

Address

General Hornos 690, Buenos Aires, ARG, C1272ACK

Website

https://institucional.telecom.com.ar

Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company provides services in Argentina (mobile, cable television, Internet and fixed and data services), Paraguay (mobile, Internet and satellite TV services), Uruguay (cable television services) and the United States (fixed wholesale services).