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Altice Europe NV (XAMS:ATCT) Receivables Turnover : 0.81 (As of Sep. 2020)


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What is Altice Europe NV 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. Altice Europe NV's Revenue for the three months ended in Sep. 2020 was €3,765.10 Mil. Altice Europe NV's average Accounts Receivable for the three months ended in Sep. 2020 was €4,633.15 Mil. Hence, Altice Europe NV's Receivables Turnover for the three months ended in Sep. 2020 was 0.81.


Altice Europe NV Receivables Turnover Historical Data

The historical data trend for Altice Europe NV'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.

* Premium members only.

Altice Europe NV Receivables Turnover Chart

Altice Europe NV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.85 6.69 4.35 4.10 4.57

Altice Europe NV Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.83 1.04 0.95 0.79 0.81

Competitive Comparison of Altice Europe NV's Receivables Turnover

For the Telecom Services subindustry, Altice Europe NV'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.


Altice Europe NV's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Altice Europe NV's Receivables Turnover falls into.



Altice Europe NV Receivables Turnover Calculation

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

Altice Europe NV's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=14796.2 / ((3254.6 + 3227.2) / 2 )
=14796.2 / 3240.9
=4.57

Altice Europe NV's Receivables Turnover for the quarter that ended in Sep. 2020 is calculated as

Receivables Turnover (Q: Sep. 2020 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2020 ) / ((Accounts Receivable (Q: Jun. 2020 ) + Accounts Receivable (Q: Sep. 2020 )) / count )
=3765.1 / ((4489.9 + 4776.4) / 2 )
=3765.1 / 4633.15
=0.81

* 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.


Altice Europe NV  (XAMS:ATCT) 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.


Altice Europe NV Receivables Turnover Related Terms

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Altice Europe NV (XAMS:ATCT) Business Description

Traded in Other Exchanges
N/A
Address
Oostdam 1, Woerden, NLD, 3441 EM
Altice Europe NV is engaged in telecom, content, media, entertainment and advertising. The company delivers products and solutions over fibre networks and mobile broadband. It is also a provider of enterprise digital solutions to business customers. The company's segments areFrance, Portugal, Israel, Dominican Republic, Teads, Altice TV, and Others.

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