Helios Towers (LSE:HTWS) Receivables Turnover : 2.41 (As of Dec. 2023)

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What is Helios Towers 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. Helios Towers's Revenue for the six months ended in Dec. 2023 was £292.9 Mil. Helios Towers's average Accounts Receivable for the six months ended in Dec. 2023 was £121.6 Mil. Hence, Helios Towers's Receivables Turnover for the six months ended in Dec. 2023 was 2.41.

Helios Towers Receivables Turnover Historical Data

The historical data trend for Helios Towers'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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Helios Towers Receivables Turnover Chart

Helios Towers Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.85

3.27

5.67

7.72

6.63

Helios Towers Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial									2.75	3.02	3.32	2.86	2.41

Competitive Comparison of Helios Towers's Receivables Turnover

For the Telecom Services subindustry, Helios Towers'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.

Helios Towers's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Helios Towers's Receivables Turnover falls into.

Helios Towers Receivables Turnover Calculation

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

Helios Towers'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 )
=	569.59	/ (	(61.329	+	110.442)	/	2 )
=	569.59	/	85.8855
=	6.63

Helios Towers'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 )
=	292.932	/ (	(132.66	+	110.442)	/	2 )
=	292.932	/	121.551
=	2.41

Helios Towers (LSE:HTWS) 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.

Helios Towers Receivables Turnover Related Terms

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Helios Towers (LSE:HTWS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Helios Towers PLC (LSE:HTWS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

HTWSF:USA HTWSl:UK 8HT:Germany

Address

5 Merchant Square West, 10th Floor, London, GBR, W2 1AS

Website

https://www.heliostowers.com

Helios Towers PLC is a United Kingdom-based company engaged in providing telecommunications towers and infrastructure. It offers tower-related operational services, including site selection, site preparation, maintenance, security and power management. The company's geographical operating segment includes Ghana, Tanzania, DRC, Congo Brazzaville, South Africa, Senegal, Madagascar, Malawi and Oman. It generates maximum revenue from the DRC segment. The solutions offered by the company include Colocation, Build-to-suit, In-building solutions, and Managed Services.

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