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Tattelecom PJSC (MIC:TTLK) Receivables Turnover : 5.03 (As of Jun. 2023)


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What is Tattelecom PJSC 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. Tattelecom PJSC's Revenue for the six months ended in Jun. 2023 was ₽5,279 Mil. Tattelecom PJSC's average Accounts Receivable for the six months ended in Jun. 2023 was ₽1,050 Mil. Hence, Tattelecom PJSC's Receivables Turnover for the six months ended in Jun. 2023 was 5.03.


Tattelecom PJSC Receivables Turnover Historical Data

The historical data trend for Tattelecom PJSC'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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Tattelecom PJSC Receivables Turnover Chart

Tattelecom PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.70 9.17 8.95 9.63 10.74

Tattelecom PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.42 5.09 4.85 5.08 5.03

Competitive Comparison of Tattelecom PJSC's Receivables Turnover

For the Telecom Services subindustry, Tattelecom PJSC'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.


Tattelecom PJSC's Receivables Turnover Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Tattelecom PJSC's Receivables Turnover falls into.



Tattelecom PJSC Receivables Turnover Calculation

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

Tattelecom PJSC'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 )
=10330.311 / ((939.936 + 983.553) / 2 )
=10330.311 / 961.7445
=10.74

Tattelecom PJSC's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=5278.76 / ((983.553 + 1115.919) / 2 )
=5278.76 / 1049.736
=5.03

* 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.


Tattelecom PJSC  (MIC:TTLK) 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.


Tattelecom PJSC Receivables Turnover Related Terms

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Tattelecom PJSC (MIC:TTLK) Business Description

Traded in Other Exchanges
N/A
Address
N. Ershova Street, 57, Republic of Tatarstan, Kazan, RUS, 420061
Tattelecom PJSC provides modern communication services, local and zone telephone communication, access to the internet, cable and interactive digital television, and mobile communications. The company's business is divided into groups namely Home and Business. The Home group consists of mobile connection, internet, TV, phone, and Wi-Fi access points and the Business group consists of the fixed link, mobile connection, security, data processing centers, and corporate services.

Tattelecom PJSC (MIC:TTLK) Headlines

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