Telelink Business Services Group AD (XBUL:TBS) Receivables Turnover : 1.42 (As of Sep. 2023)

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What is Telelink Business Services Group AD 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. Telelink Business Services Group AD's Revenue for the three months ended in Sep. 2023 was лв51.0 Mil. Telelink Business Services Group AD's average Accounts Receivable for the three months ended in Sep. 2023 was лв35.9 Mil. Hence, Telelink Business Services Group AD's Receivables Turnover for the three months ended in Sep. 2023 was 1.42.

Telelink Business Services Group AD Receivables Turnover Historical Data

The historical data trend for Telelink Business Services Group AD'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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Telelink Business Services Group AD Receivables Turnover Chart

Telelink Business Services Group AD Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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4.76

4.45

5.62

6.93

6.42

Telelink Business Services Group AD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															1.63	2.20	1.12	1.10	1.42

Competitive Comparison of Telelink Business Services Group AD's Receivables Turnover

For the Information Technology Services subindustry, Telelink Business Services Group AD'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.

Telelink Business Services Group AD's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Telelink Business Services Group AD's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Telelink Business Services Group AD's Receivables Turnover falls into.

Telelink Business Services Group AD Receivables Turnover Calculation

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

Telelink Business Services Group AD's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	155.163	/ (	(23.685	+	24.667)	/	2 )
=	155.163	/	24.176
=	6.42

Telelink Business Services Group AD's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	51.027	/ (	(36.202	+	35.641)	/	2 )
=	51.027	/	35.9215
=	1.42

Telelink Business Services Group AD (XBUL:TBS) 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.

Telelink Business Services Group AD Receivables Turnover Related Terms

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Telelink Business Services Group AD (XBUL:TBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Telelink Business Services Group AD (XBUL:TBS) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

6 Panorama Sofia Street, Block B, 2nd Floor, Business Center Richhil, Malinova Dolina Villa Area, Sofia, BGR, 1766

Website

https://www.tbs.tech

Telelink Business Services Group AD provides system integration, connectivity, information security, cloud, and data solutions in the three main market segments: mobile telecommunications service providers, fixed telecommunications service providers, and large and mid-sized public and private organizations.

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