Hellenic Telecommunication Organization (Hellenic Telecommunication Organization) Receivables Turnover : 1.75 (As of Sep. 2023)

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What is Hellenic Telecommunication Organization 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. Hellenic Telecommunication Organization's Revenue for the three months ended in Sep. 2023 was $940 Mil. Hellenic Telecommunication Organization's average Accounts Receivable for the three months ended in Sep. 2023 was $537 Mil. Hence, Hellenic Telecommunication Organization's Receivables Turnover for the three months ended in Sep. 2023 was 1.75.

Hellenic Telecommunication Organization Receivables Turnover Historical Data

The historical data trend for Hellenic Telecommunication Organization'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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Hellenic Telecommunication Organization Receivables Turnover Chart

Hellenic Telecommunication Organization Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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5.61

5.45

6.69

6.87

6.85

Hellenic Telecommunication Organization Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Sep23
Receivables Turnover	Get a 7-Day Free Trial															-	-	1.64	1.88	1.75

Competitive Comparison of Hellenic Telecommunication Organization's Receivables Turnover

For the Telecom Services subindustry, Hellenic Telecommunication Organization'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.

Hellenic Telecommunication Organization's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Hellenic Telecommunication Organization's Receivables Turnover falls into.

Hellenic Telecommunication Organization Receivables Turnover Calculation

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

Hellenic Telecommunication Organization'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 )
=	3660.275	/ (	(569.944	+	499.153)	/	2 )
=	3660.275	/	534.5485
=	6.85

Hellenic Telecommunication Organization'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: Dec. 2022 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	940.235	/ (	(499.153	+	575.24)	/	2 )
=	940.235	/	537.1965
=	1.75

Hellenic Telecommunication Organization (OTCPK:HLTOY) 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.

Hellenic Telecommunication Organization Receivables Turnover Related Terms

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Hellenic Telecommunication Organization (Hellenic Telecommunication Organization) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hellenic Telecommunication Organization SA (OTCPK:HLTOY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HTO:Greece 0FIZ:UK OTE:Germany

Address

99 Kifissias Avenue, Maroussi, Athens, GRC, 15124

Website

https://www.cosmote.gr

Hellenic Telecommunication Organization is a telecommunications company that offers Internet access services, TV services, broadband, fixed-line services, and mobile telecommunication. The reportable segments of the company are as follows: 1) OTE is a provider of fixed-line services, internet access services, ICT services and TV services in Greece. 2) Cosmonote Group- Greece is a provider of mobile telecommunications, retail operations (shops) and customer services. 3) Telekom Romania Mobile is a provider of mobile telecommunications services in Romania. The majority of revenue earned by the company is from OTE segment.

Hellenic Telecommunication Organization (Hellenic Telecommunication Organization) Headlines

From GuruFocus

Hellenic Telecommunication Organization SA Stock Is Believed To Be Modestly Overvalued

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