Team Internet Group (Team Internet Group) Receivables Turnover : 2.47 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Team Internet Group 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. Team Internet Group's Revenue for the three months ended in Dec. 2023 was $225.2 Mil. Team Internet Group's average Accounts Receivable for the three months ended in Dec. 2023 was $91.3 Mil. Hence, Team Internet Group's Receivables Turnover for the three months ended in Dec. 2023 was 2.47.

Team Internet Group Receivables Turnover Historical Data

The historical data trend for Team Internet Group'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.

* Premium members only.

Team Internet Group Receivables Turnover Chart

Team Internet Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

6.52

9.93

10.82

11.80

10.63

Team Internet Group Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.40	2.27	2.11	2.22	2.47

Competitive Comparison of Team Internet Group's Receivables Turnover

For the Internet Content & Information subindustry, Team Internet Group'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.

Team Internet Group's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Team Internet Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Team Internet Group's Receivables Turnover falls into.

Team Internet Group Receivables Turnover Calculation

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

Team Internet Group'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 )
=	836.9	/ (	(74.8	+	82.7)	/	2 )
=	836.9	/	78.75
=	10.63

Team Internet Group'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	225.2	/ (	(99.8	+	82.7)	/	2 )
=	225.2	/	91.25
=	2.47

Team Internet Group (OTCPK:TIGXF) 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.

Team Internet Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Team Internet Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Team Internet Group (Team Internet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Team Internet Group PLC (OTCPK:TIGXF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TIG:UK 4CN:Germany 4CN:Germany

Address

44 Gutter Lane, 4th Floor, Saddlers House, London, GBR, EC2V 6BR

Website

https://teaminternet.com

Team Internet Group PLC Formerly CentralNic Group PLC is a holding company, through its subsidiaries is involved in the provision of domain name services. The company provides registry services, distribution, and strategic consultancy. The business operates in two segments being Online Presence segment and Online Marketing. The Online Marketing segment creates privacy safe AI based customer journeys that help online consumers make informed choices. The Online Presence segment conducts business as a distributor of domain names through a network of channel partners as well as selling domain names and ancillary services to end users, monitoring services to protect brands online, technical and consultancy services to corporate clients.