Shaw Communications (Shaw Communications) Receivables Turnover : 3.80 (As of Nov. 2022)

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What is Shaw 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. Shaw Communications's Revenue for the three months ended in Nov. 2022 was $1,018 Mil. Shaw Communications's average Accounts Receivable for the three months ended in Nov. 2022 was $268 Mil. Hence, Shaw Communications's Receivables Turnover for the three months ended in Nov. 2022 was 3.80.

Shaw Communications Receivables Turnover Historical Data

The historical data trend for Shaw 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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Shaw Communications Receivables Turnover Chart

Shaw Communications Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Receivables Turnover

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17.27

15.70

15.56

16.38

14.86

Shaw Communications Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22
Receivables Turnover	Get a 7-Day Free Trial															4.11	4.01	3.84	3.88	3.80

Competitive Comparison of Shaw Communications's Receivables Turnover

For the Telecom Services subindustry, Shaw 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.

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

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

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

Shaw Communications Receivables Turnover Calculation

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

Shaw Communications's Receivables Turnover for the fiscal year that ended in Aug. 2022 is calculated as

	Receivables Turnover (A: Aug. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2022 )	/ (	(Accounts Receivable (A: Aug. 2021 )	+	Accounts Receivable (A: Aug. 2022 ))	/	count )
=	4217.698	/ (	(287.324	+	280.251)	/	2 )
=	4217.698	/	283.7875
=	14.86

Shaw Communications's Receivables Turnover for the quarter that ended in Nov. 2022 is calculated as

	Receivables Turnover (Q: Nov. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2022 )	/ (	(Accounts Receivable (Q: Aug. 2022 )	+	Accounts Receivable (Q: Nov. 2022 ))	/	count )
=	1018.058	/ (	(280.251	+	255.629)	/	2 )
=	1018.058	/	267.94
=	3.80

Shaw Communications (NYSE:SJR) 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.

Shaw Communications Receivables Turnover Related Terms

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Shaw Communications (Shaw Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Shaw Communications Inc (NYSE:SJR) » Definitions » Receivables Turnover

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Address

630 - 3rd Avenue S.W., Suite 900, Finance Department, Calgary, AB, CAN, T2P 4L4

Website

https://www.shaw.ca

Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw now also offers wireless service over most of Canada's population footprint after acquiring Wind Mobile in 2016. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.