MTN Ghana (XGHA:MTNGH) Receivables Turnover: 6.07 (As of Jun. 2026)

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XGHA:MTNGH MTN Ghana XGHA:MTNGH
100 GF Score
Price GHS6.97
GF Value GHS4.50
Valuation Significantly Overvalued
! 7 Warning Signs
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What is MTN Ghana Receivables Turnover?

MTN Ghana XGHA:MTNGH +0.87% 100 Receivables Turnover is 6.07 as of Jun. 2026. GuruFocus rates XGHA:MTNGH with a GF Score™ of 100/100 and a GF Value™ of GHS4.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 364 Telecommunication Services companies, MTN Ghana ranks better than 96.43% 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. MTN Ghana's Revenue for the three months ended in Jun. 2026 was GHS4,303 Mil. MTN Ghana's average Accounts Receivable for the three months ended in Jun. 2026 was GHS709 Mil. Hence, MTN Ghana's Receivables Turnover for the three months ended in Jun. 2026 was 6.07.


MTN Ghana  (XGHA:MTNGH) 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.


MTN Ghana Receivables Turnover Related Terms


MTN Ghana Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MTN Ghana'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.

MTN Ghana Receivables Turnover Chart

MTN Ghana Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 14.80 14.78 14.88 17.66 30.21

MTN Ghana Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.83 7.34 6.86 9.69 6.07

XGHA:MTNGH vs VZ, TMUS, T: Receivables Turnover Comparison

For the Telecom Services subindustry, MTN Ghana'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.


MTN Ghana Receivables Turnover vs Telecommunication Services Industry

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

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


XGHA:MTNGH
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MTN Ghana XGHA:MTNGH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Ghana Receivables Turnover Calculation

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

MTN Ghana'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 )
=24430.308 / ((1011.318 + 605.958) / 2 )
=24430.308 / 808.638
=30.21

MTN Ghana's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=4302.71 / ((895.609 + 523.148) / 2 )
=4302.71 / 709.3785
=6.07

* 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 6.07 mean?
MTN Ghana (XGHA:MTNGH) has a Receivables Turnover of 6.07 as of Jun. 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 MTN Ghana and its competitors. According to the industry distribution chart, MTN Ghana ranks #13 out of 364 companies in the Telecommunication Services industry, placing it in the top 3.6%.
Is MTN Ghana's Receivables Turnover too high?
MTN Ghana's current Receivables Turnover is 6.07. The Telecommunication Services industry median Receivables Turnover is 6.47. MTN Ghana's value of 6.07 is 6.2% below this industry median. Based on the distribution chart, MTN Ghana ranks #13 out of 364 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, MTN Ghana has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Ghana's Receivables Turnover compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, MTN Ghana ranks #13 out of 364 companies for Receivables Turnover. This places MTN Ghana in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.47. MTN Ghana's value of 6.07 is 6.2% 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 6.47, based on 364 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. MTN Ghana's current Receivables Turnover of 6.07 is 6.2% 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 MTN Ghana and its competitors. For the Telecommunication Services industry, the median Receivables Turnover is 6.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Ghana's current Receivables Turnover is 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Ghana stock overvalued right now?
Based on GuruFocus' analysis, MTN Ghana (XGHA:MTNGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS4.50, compared to a current price of GHS6.97 — trading 54.9% above its estimated fair value. The current Receivables Turnover is 6.07 and 6.2% below the Telecommunication Services industry median of 6.47. MTN Ghana's overall GF Score™ is 100/100 with 7 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 MTN Ghana (XGHA:MTNGH), the current Receivables Turnover is 6.07 as of Jun. 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 MTN Ghana (XGHA:MTNGH) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Ghana stock appears to be overvalued. The current stock price of GHS6.97 is trading 54.9% above its estimated GF Value™ of GHS4.50. GuruFocus considers MTN Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:MTNGH:

  • Receivables Turnover: 6.07
  • GF Value™: GHS4.50 vs. price of GHS6.97 (54.9% above fair value)
  • GF Score™: 100/100 with 7 warning signs
  • Industry Position: 6.2% below the Telecommunication Services median (#13 of 364)

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


MTN Ghana Business Description

Address MTN House, Independence Avenue, West Ridge, Plot OER 6, Accra, GHA
MTN Ghana is a Ghana-based company that provides mobile financial services in the financial services industry. The principal activities are the provision of telecommunication services including voice, data, and enterprise solutions, mobile financial services, the development of strategic partnerships to provide developed services, and the provision of consultancy and support services in the mobile banking, payment services and fintech space. The company has four reportable segments, namely Network services, Interconnect and roaming, Digital and Fintech, and devices and accessories, out of which it derives maximum revenue from Network services.
100GF Score

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

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