AT&T Inc (T)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 122,336,000 | 122,060,000 | 122,197,000 | 122,317,000 | 122,428,000 | 121,749,000 | 121,442,000 | 121,168,000 | 120,741,000 | 120,493,000 | 121,776,000 | 127,873,000 | 134,038,000 | 119,924,000 | 130,938,000 | 136,148,000 | 143,050,000 | 172,890,000 | 175,138,000 | 179,145,000 |
| Receivables | US$ in thousands | 9,638,000 | 9,068,000 | 9,686,000 | 9,577,000 | 10,289,000 | 8,962,000 | 9,304,000 | 10,214,000 | 11,466,000 | 11,384,000 | 11,377,000 | 17,218,000 | 17,571,000 | 16,304,000 | 15,771,000 | 16,971,000 | 20,215,000 | 19,379,000 | 19,127,000 | 19,908,000 |
| Receivables turnover | 12.69 | 13.46 | 12.62 | 12.77 | 11.90 | 13.59 | 13.05 | 11.86 | 10.53 | 10.58 | 10.70 | 7.43 | 7.63 | 7.36 | 8.30 | 8.02 | 7.08 | 8.92 | 9.16 | 9.00 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $122,336,000K ÷ $9,638,000K
= 12.69
The receivables turnover ratio for AT&T Inc has shown varying trends over the periods provided. The ratio measures how efficiently the company is collecting cash from its credit sales. A higher turnover ratio indicates that receivables are being collected more promptly.
From March 31, 2020, to December 31, 2021, the receivables turnover ratio ranged from 7.08 to 9.16, showing some fluctuations but generally indicating a moderate efficiency in collecting receivables. However, from March 31, 2022, to December 31, 2024, the ratio consistently improved, reaching a peak of 13.59 on September 30, 2023. This upward trend suggests that AT&T Inc has been more effective in collecting payments from its customers.
Overall, the increasing trend in the receivables turnover ratio indicates that AT&T Inc has been managing its accounts receivable more efficiently, converting credit sales into cash at a quicker pace. This improvement could be attributed to better credit policies, more effective collection processes, or a shift in customer payment behavior.
Peer comparison
Dec 31, 2024