Airtel Africa (LSE:AAF) Receivables Turnover : 6.41 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Airtel Africa 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. Airtel Africa's Revenue for the three months ended in Mar. 2024 was £880 Mil. Airtel Africa's average Accounts Receivable for the three months ended in Mar. 2024 was £137 Mil. Hence, Airtel Africa's Receivables Turnover for the three months ended in Mar. 2024 was 6.41.

Airtel Africa Receivables Turnover Historical Data

The historical data trend for Airtel Africa'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.

Airtel Africa Receivables Turnover Chart

Airtel Africa Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

Get a 7-Day Free Trial

27.86

29.95

40.93

40.69

29.65

Airtel Africa 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															9.77	9.44	8.33	7.53	6.41

Competitive Comparison of Airtel Africa's Receivables Turnover

For the Telecom Services subindustry, Airtel Africa'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.

Airtel Africa's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Airtel Africa's Receivables Turnover falls into.

Airtel Africa Receivables Turnover Calculation

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

Airtel Africa's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	3918.473	/ (	(119.48	+	144.808)	/	2 )
=	3918.473	/	132.144
=	29.65

Airtel Africa'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 )
=	879.866	/ (	(129.56	+	144.808)	/	2 )
=	879.866	/	137.184
=	6.41

Airtel Africa (LSE:AAF) 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.

Airtel Africa Receivables Turnover Related Terms

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

Airtel Africa (LSE:AAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Airtel Africa PLC (LSE:AAF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AARTY:USA AAFRF:USA AIRTELAFRI:Nigeria AAFl:UK 9AA:Germany

Address

53/54 Grosvenor Street, First Floor, London, GBR, W1K 3HU

Website

https://www.airtel.africa.com

Airtel Africa PLC is engaged in providing affordable and innovative mobile services. The company's segment includes Nigeria mobile services; East Africa mobile services; Francophone Africa mobile services; Mobile money and others. It generates maximum revenue from the Nigeria mobile services segment. Nigeria mobile services segment comprising of mobile service operations in Nigeria.

Airtel Africa (LSE:AAF) Headlines

No Headlines