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Suny Cellular Communication (XTAE:SNCM) Receivables Turnover : 1.03 (As of Dec. 2023)


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What is Suny Cellular Communication 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. Suny Cellular Communication's Revenue for the three months ended in Dec. 2023 was ₪200.4 Mil. Suny Cellular Communication's average Accounts Receivable for the three months ended in Dec. 2023 was ₪195.0 Mil. Hence, Suny Cellular Communication's Receivables Turnover for the three months ended in Dec. 2023 was 1.03.


Suny Cellular Communication Receivables Turnover Historical Data

The historical data trend for Suny Cellular Communication'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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Suny Cellular Communication Receivables Turnover Chart

Suny Cellular Communication Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.54 6.40 7.43 7.48 5.35

Suny Cellular Communication Quarterly Data
Dec16 Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.40 1.38 0.98 1.10 1.03

Competitive Comparison of Suny Cellular Communication's Receivables Turnover

For the Telecom Services subindustry, Suny Cellular Communication'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.


Suny Cellular Communication's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Suny Cellular Communication's Receivables Turnover falls into.



Suny Cellular Communication Receivables Turnover Calculation

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

Suny Cellular Communication's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=853.701 / ((138.423 + 180.72) / 2 )
=853.701 / 159.5715
=5.35

Suny Cellular Communication's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=200.44 / ((209.319 + 180.72) / 2 )
=200.44 / 195.0195
=1.03

* 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.


Suny Cellular Communication  (XTAE:SNCM) 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.


Suny Cellular Communication Receivables Turnover Related Terms

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Suny Cellular Communication (XTAE:SNCM) Business Description

Traded in Other Exchanges
N/A
Address
48 Ben Zion Galis Street, 43 rd Floor, Petach Tikva, ISR, 49277
Suny Cellular Communication Ltd, formerly Scailex Corp Ltd imports, distributes & maintains mobile handset & accessories products.

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