Elisa Oyj (Elisa Oyj) Receivables Turnover : 1.12 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Elisa Oyj 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. Elisa Oyj's Revenue for the three months ended in Mar. 2024 was $581 Mil. Elisa Oyj's average Accounts Receivable for the three months ended in Mar. 2024 was $519 Mil. Hence, Elisa Oyj's Receivables Turnover for the three months ended in Mar. 2024 was 1.12.

Elisa Oyj Receivables Turnover Historical Data

The historical data trend for Elisa Oyj'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.

Elisa Oyj Receivables Turnover Chart

Elisa Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

5.09

5.39

5.14

5.11

5.19

Elisa Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.18	1.06	1.06	1.20	1.12

Competitive Comparison of Elisa Oyj's Receivables Turnover

For the Telecom Services subindustry, Elisa Oyj'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.

Elisa Oyj's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Elisa Oyj's Receivables Turnover falls into.

Elisa Oyj Receivables Turnover Calculation

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

Elisa Oyj'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 )
=	2377.863	/ (	(441.949	+	474.809)	/	2 )
=	2377.863	/	458.379
=	5.19

Elisa Oyj's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	580.978	/ (	(474.809	+	563.37)	/	2 )
=	580.978	/	519.0895
=	1.12

Elisa Oyj (GREY:ELMUY) 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.

Elisa Oyj Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Elisa Oyj's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Elisa Oyj (Elisa Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Elisa Oyj (GREY:ELMUY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

0I8Y:UK ELISA:Finland EIA:Germany

Address

Ratavartijankatu 5, Helsinki, FIN, 00520

Website

https://www.elisa.com

Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cabletv subscriptions, Elisa Viihde entertainment service and Elisa Kirja e-reading service. The Corporate Customers segment provides corporate and public administration organisations with services such as IT and communication solutions for the digital environment as well as fixed and mobile subscriptions. Majority of revenue is generated from Consumer Customers segment. The company generates majority of its revenue in Finland.