Qualcomm (NAS:QCOM) Receivables Turnover

: 2.33 (As of Dec. 2022)

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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. Qualcomm's Revenue for the three months ended in Dec. 2022 was $9,463 Mil. Qualcomm's average Accounts Receivable for the three months ended in Dec. 2022 was $4,068 Mil. Hence, Qualcomm's Receivables Turnover for the three months ended in Dec. 2022 was 2.33.

Qualcomm Receivables Turnover Historical Data

The historical data trend for Qualcomm'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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Qualcomm Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Receivables Turnover

7.24

13.07

12.61

13.70

13.84

Qualcomm Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Receivables Turnover																3.43	2.75	2.77	2.86	2.33

Competitive Comparison

For the Semiconductors subindustry, Qualcomm'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.

Annual Data Quarterly Data

Qualcomm Receivables Turnover Distribution

For the Semiconductors industry and Technology sector, Qualcomm's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Qualcomm's Receivables Turnover falls in comparison to its industry or sector. The grey bar indicates the Receivables Turnover's extreme value range as defined by GuruFocus.

Qualcomm Receivables Turnover Calculation

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

Qualcomm's Receivables Turnover for the fiscal year that ended in Sep. 2022 is calculated as

	Receivables Turnover (A: Sep. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2022 )	/ (	(Accounts Receivable (A: Sep. 2021 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )
=	44200	/ (	(2214	+	4175)	/	2 )
=	44200	/	3194.5
=	13.84

Qualcomm's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Sep. 2022 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	9463	/ (	(4175	+	3960)	/	2 )
=	9463	/	4067.5
=	2.33

Qualcomm (NAS:QCOM) 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.

Qualcomm Receivables Turnover Related Terms

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Qualcomm (NAS:QCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Qualcomm Inc (NAS:QCOM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

QCOM:Peru QCOM:Mexico 0QZ3:UK QCI:Germany QCOM34:Brazil QCOM:Austria QCOM:Argentina

Address

5775 Morehouse Drive, San Diego, CA, USA, 92121-1714

Website

https://www.qualcomm.com

Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G and 4G networks. The firm is a leader in 5G network technology as well. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones and chips into automotive and Internet of Things markets.

Executives

Neil Martin	officer: SVP, Finance and CAO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
James J Cathey	officer: Chief Commercial Officer	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Ann C Chaplin	officer: General Counsel&Corp Secretary	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Sylvia Acevedo	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Gregory N Johnson	director	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Jean-pascal Tricoire	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Jamie S Miller	director	GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Heather S Ace	officer: EVP, Human Resources	3721 VALLEY CENTRE DR SUITE 500, SAN DIEGO CA 92130
Akash J. Palkhiwala	officer: SVP & Interim CFO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
David Wise	officer: Interim CFO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Erin L Polek	officer: SVP Corporate Controller & CAO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Martin B Anstice	director	4650 CUSHING PARKWAY, FREMONT CA 94538
Irene B Rosenfeld	director	999 VANDERBILT BEACH ROAD, SUITE 601, NAPLES FL 34108
Steven M Mollenkopf	director, officer: Chief Executive Officer	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Neil Smit	director	C/O AMERICA ONLINE LATIN AMERICA, INC., 6600 N. ANDREWS AVE., SUITE 400, FT. LAUDERDALE FL 33309