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Nippon Telegraph & Telephone (WBO:NITT) Receivables Turnover : 0.78 (As of Sep. 2024)


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What is Nippon Telegraph & Telephone 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. Nippon Telegraph & Telephone's Revenue for the three months ended in Sep. 2024 was €21,118 Mil. Nippon Telegraph & Telephone's average Accounts Receivable for the three months ended in Sep. 2024 was €27,190 Mil. Hence, Nippon Telegraph & Telephone's Receivables Turnover for the three months ended in Sep. 2024 was 0.78.


Nippon Telegraph & Telephone Receivables Turnover Historical Data

The historical data trend for Nippon Telegraph & Telephone'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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Nippon Telegraph & Telephone Receivables Turnover Chart

Nippon Telegraph & Telephone 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 3.11 3.25 3.39 3.23 2.79

Nippon Telegraph & Telephone 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 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 0.78 0.76 0.77 0.64 0.78

Competitive Comparison of Nippon Telegraph & Telephone's Receivables Turnover

For the Telecom Services subindustry, Nippon Telegraph & Telephone'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.


Nippon Telegraph & Telephone's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Nippon Telegraph & Telephone's Receivables Turnover falls into.



Nippon Telegraph & Telephone Receivables Turnover Calculation

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

Nippon Telegraph & Telephone'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 )
=82130.012 / ((29252.944 + 29579.738) / 2 )
=82130.012 / 29416.341
=2.79

Nippon Telegraph & Telephone'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 )
=21117.929 / ((0 + 27189.617) / 1 )
=21117.929 / 27189.617
=0.78

* 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.


Nippon Telegraph & Telephone  (WBO:NITT) 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.


Nippon Telegraph & Telephone Receivables Turnover Related Terms

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Nippon Telegraph & Telephone Business Description

Address
5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, JPN, 100-8116
NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 90.1 million subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 23.7 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and 52.4%-owned NTT Data.

Nippon Telegraph & Telephone Headlines

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