Gamma Communications (LSE:GAMA) Receivables Turnover : 2.90 (As of Dec. 2023)

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What is Gamma Communications 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. Gamma Communications's Revenue for the six months ended in Dec. 2023 was £265.5 Mil. Gamma Communications's average Accounts Receivable for the six months ended in Dec. 2023 was £91.5 Mil. Hence, Gamma Communications's Receivables Turnover for the six months ended in Dec. 2023 was 2.90.

Gamma Communications Receivables Turnover Historical Data

The historical data trend for Gamma Communications'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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Gamma Communications Receivables Turnover Chart

Gamma Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.69

4.60

4.66

5.62

Gamma Communications Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.33	2.24	2.27	2.37	2.90

Competitive Comparison of Gamma Communications's Receivables Turnover

For the Telecom Services subindustry, Gamma Communications'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.

Gamma Communications's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Gamma Communications's Receivables Turnover falls into.

Gamma Communications Receivables Turnover Calculation

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

Gamma Communications'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 )
=	521.7	/ (	(109.4	+	76.1)	/	2 )
=	521.7	/	92.75
=	5.62

Gamma Communications'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	265.5	/ (	(106.9	+	76.1)	/	2 )
=	265.5	/	91.5
=	2.90

Gamma Communications (LSE:GAMA) 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.

Gamma Communications Receivables Turnover Related Terms

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Gamma Communications (LSE:GAMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Gamma Communications PLC (LSE:GAMA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

6GC:Germany

Address

Kings Road West, Kings House, Newbury, Berkshire, GBR, RG14 5BY

Website

https://www.gamma.co.uk

Gamma Communications PLC is a supplier of Unified Communications as a Service (UCaaS) in the United Kingdom and Dutch markets, supplying communication solutions directly and via its network of trusted channel partners. The company's product portfolio includes Unified Communications, SIP Trunking, Call Management, Mobile, and Connectivity. Its segments consist of UK Indirect, which sells products to channel partners; UK Direct which sells products to end-users in the SME, enterprise, and public sectors together with an associated service wrap; and European segment consists of sales made in Europe; and Central functions.

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