VEON (VEON) Receivables Turnover: 4.34 (As of Mar. 2026)

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VEON VEON Ltd VEON
76 GF Score
Price $51.66
GF Value $40.40
Valuation Modestly Overvalued
! 3 Warning Signs
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What is VEON Receivables Turnover?

VEON VEON +0.62% 76 Receivables Turnover is 4.34 as of Mar. 2026. GuruFocus rates VEON with a GF Score™ of 76/100 and a GF Value™ of $40.40 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 360 Telecommunication Services companies, VEON ranks better than 74.72% on this metric.

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. VEON's Revenue for the three months ended in Mar. 2026 was $1,201 Mil. VEON's average Accounts Receivable for the three months ended in Mar. 2026 was $277 Mil. Hence, VEON's Receivables Turnover for the three months ended in Mar. 2026 was 4.34.


VEON  (NAS:VEON) 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.


VEON Receivables Turnover Related Terms


VEON Receivables Turnover Historical Data

* Premium members only.

The historical data trend for VEON'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.

VEON Receivables Turnover Chart

VEON Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.30 6.68 8.62 13.60 20.65

VEON Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.04 2.14 2.09 2.93 4.34

VEON vs KYIV, LBTYA, AD: Receivables Turnover Comparison

For the Telecom Services subindustry, VEON'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.


VEON Receivables Turnover vs Telecommunication Services Industry

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

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


VEON
76GF Score
VEON Ltd VEON
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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VEON Receivables Turnover Calculation

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

VEON's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=4399 / ((177 + 249) / 2 )
=4399 / 213
=20.65

VEON's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1201 / ((249 + 304) / 2 )
=1201 / 276.5
=4.34

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 4.34 mean?
VEON (VEON) has a Receivables Turnover of 4.34 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 VEON and its competitors. According to the industry distribution chart, VEON ranks #91 out of 360 companies in the Telecommunication Services industry, placing it in the top 25.3%.
Is VEON's Receivables Turnover too high?
VEON's current Receivables Turnover is 4.34. The Telecommunication Services industry median Receivables Turnover is 6.16. VEON's value of 4.34 is 29.5% below this industry median. Based on the distribution chart, VEON ranks #91 out of 360 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, VEON has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VEON's Receivables Turnover compare to KYIV and LBTYA?
According to the Telecommunication Services industry distribution chart, VEON ranks #91 out of 360 companies for Receivables Turnover. This puts VEON in the upper half of its industry. The industry median Receivables Turnover is 6.16. VEON's value of 4.34 is 29.5% below 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 6.16, based on 360 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. VEON's current Receivables Turnover of 4.34 is 29.5% below 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 VEON and its competitors. For the Telecommunication Services industry, the median Receivables Turnover is 6.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VEON's current Receivables Turnover is 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VEON stock overvalued right now?
Based on GuruFocus' analysis, VEON (VEON) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.40, compared to a current price of $51.66 — trading 27.9% above its estimated fair value. The current Receivables Turnover is 4.34 and 29.5% below the Telecommunication Services industry median of 6.16. VEON's overall GF Score™ is 76/100 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 VEON (VEON), the current Receivables Turnover is 4.34 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 VEON (VEON) Overvalued in 2026?

Based on GuruFocus' analysis, VEON stock appears to be overvalued. The current stock price of $51.66 is trading 27.9% above its estimated GF Value™ of $40.40. GuruFocus considers VEON to be Modestly Overvalued.

Key valuation signals for VEON:

  • Receivables Turnover: 4.34
  • GF Value™: $40.40 vs. price of $51.66 (27.9% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 29.5% below the Telecommunication Services median (#91 of 360)

No single metric tells the full story. See the VEON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VEON Business Description

Address Index Tower East Tower, Unit 1703, Dubai, ARE
VEON Ltd is a United Arab Emirates-based digital operator providing connectivity and Internet services to corporations and individuals. The company offers mobile and fixed-line telecommunications services through a range of traditional and broadband mobile technologies. The company's reportable segments consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. It provides its services under the Beeline, Kyivstar, Banglalink, and Jazz brands. It generates the majority of its revenue from Pakistan. Its telecommunications and digital services include voice, fixed broadband, data and cloud services.
76GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.66
Price
$40.40
GF Value