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Uniserve Communications (TSXV:USS) Receivables Turnover : 1.78 (As of Feb. 2024)


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What is Uniserve 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. Uniserve Communications's Revenue for the three months ended in Feb. 2024 was C$1.63 Mil. Uniserve Communications's average Accounts Receivable for the three months ended in Feb. 2024 was C$0.91 Mil. Hence, Uniserve Communications's Receivables Turnover for the three months ended in Feb. 2024 was 1.78.


Uniserve Communications Receivables Turnover Historical Data

The historical data trend for Uniserve 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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Uniserve Communications Receivables Turnover Chart

Uniserve Communications Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.69 8.56 3.94 4.94 11.86

Uniserve Communications Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.10 2.41 2.17 1.85 1.78

Competitive Comparison of Uniserve Communications's Receivables Turnover

For the Telecom Services subindustry, Uniserve 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.


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

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

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



Uniserve Communications Receivables Turnover Calculation

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

Uniserve Communications's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Receivables Turnover (A: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=6.536 / ((0.519 + 0.583) / 2 )
=6.536 / 0.551
=11.86

Uniserve Communications's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=1.627 / ((0.866 + 0.958) / 2 )
=1.627 / 0.912
=1.78

* 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.


Uniserve Communications  (TSXV:USS) 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.


Uniserve Communications Receivables Turnover Related Terms

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Uniserve Communications (TSXV:USS) Business Description

Traded in Other Exchanges
Address
333 Terminal Avenue, Suite 209, Vancouver, BC, CAN, V6A 4C1
Uniserve Communications Corp is a Canada-based company that engages in the provision of Internet access and telecommunications services and commercial IT consulting services in BC and Alberta. The company provides services like television, internet, phones, home office, smartphones, transit bundles, internet, phones, consulting, cloud backup, connectivity, data center, and others.
Executives
Michael Curt Scholz 10% Security Holder

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