Telephone and Data Systems Inc (TDS)
Receivables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,160,000 | 5,205,000 | 5,319,000 | 5,401,000 | 5,413,000 | 5,428,000 | 5,364,000 | 5,326,000 | 5,329,000 | 5,333,000 | 5,329,000 | 5,281,000 | 5,224,000 | 5,184,000 | 5,181,000 | 5,179,000 | 5,175,000 | 5,171,000 | 5,147,000 | 5,141,000 |
| Receivables | US$ in thousands | 992,000 | 988,000 | 1,016,000 | 1,093,000 | 1,125,000 | 1,128,000 | 1,111,000 | 1,103,000 | 1,240,000 | 1,178,000 | 1,160,000 | 1,164,000 | 1,189,000 | 1,173,000 | 1,116,000 | 1,071,000 | 1,039,000 | 990,000 | 984,000 | 974,000 |
| Receivables turnover | 5.20 | 5.27 | 5.24 | 4.94 | 4.81 | 4.81 | 4.83 | 4.83 | 4.30 | 4.53 | 4.59 | 4.54 | 4.39 | 4.42 | 4.64 | 4.84 | 4.98 | 5.22 | 5.23 | 5.28 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $5,160,000K ÷ $992,000K
= 5.20
The receivables turnover ratio for Telephone And Data Systems, Inc. has been relatively stable over the past eight quarters, ranging between 4.37 and 4.80. This indicates that the company is efficient in collecting its accounts receivable, with an average turnover ratio of approximately 4.56 during this period. A higher turnover ratio suggests that the company is collecting its receivables more quickly, which can be a positive indicator of strong cash flow and effective credit management. Overall, the consistent performance of Telephone And Data Systems, Inc. in terms of receivables turnover reflects a healthy liquidity position and adept management of its accounts receivable.
Peer comparison
Dec 31, 2023