ABS-CBN (PHS:ABS) Receivables Turnover : 1.34 (As of Mar. 2024)

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What is ABS-CBN 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. ABS-CBN's Revenue for the three months ended in Mar. 2024 was ₱4,080 Mil. ABS-CBN's average Accounts Receivable for the three months ended in Mar. 2024 was ₱3,048 Mil. Hence, ABS-CBN's Receivables Turnover for the three months ended in Mar. 2024 was 1.34.

ABS-CBN Receivables Turnover Historical Data

The historical data trend for ABS-CBN'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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ABS-CBN Receivables Turnover Chart

ABS-CBN Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.32

3.24

4.53

5.55

5.37

ABS-CBN 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															1.30	1.40	1.39	1.37	1.34

Competitive Comparison of ABS-CBN's Receivables Turnover

For the Entertainment subindustry, ABS-CBN'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.

ABS-CBN's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ABS-CBN's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ABS-CBN's Receivables Turnover falls into.

ABS-CBN Receivables Turnover Calculation

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

ABS-CBN'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 )
=	18510.784	/ (	(3233.333	+	3664.193)	/	2 )
=	18510.784	/	3448.763
=	5.37

ABS-CBN'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 )
=	4079.569	/ (	(3664.193	+	2432.619)	/	2 )
=	4079.569	/	3048.406
=	1.34

ABS-CBN (PHS:ABS) 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.

ABS-CBN Receivables Turnover Related Terms

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ABS-CBN (PHS:ABS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ABS-CBN Corp (PHS:ABS) » Definitions » Receivables Turnover

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Address

Mother Ignacia Street, Sgt. Esguerra Avenue Corner, ABS-CBN Broadcasting Center, Diliman, Quezon, QUE, PHL, 1100

Website

http://www.abs-cbn.com

ABS-CBN Corp is one of the media companies in the Philippines. It operates national television networks, radio channels, and international television channels. The company's operating segment includes Content Creation, Production, and Distribution; Cable, satellite, and broadband. It generates maximum revenue from the Content Production and Distribution segment. Geographically, it derives a majority of revenue from the Philippines. ABS-CBN continues to be a supplier of Filipino entertainment, news, and current affairs programs for free TV, cable, and satellite channels and online platforms both in the Philippines and across world.

ABS-CBN (PHS:ABS) Headlines

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