T-Mobile US Inc (TMUS)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 80,208,000 | 77,477,000 | 78,416,000 | 75,841,000 | 64,173,000 |
Receivables | US$ in thousands | 8,655,000 | 9,148,000 | 9,568,000 | 8,942,000 | 7,853,000 |
Receivables turnover | 9.27 | 8.47 | 8.20 | 8.48 | 8.17 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $80,208,000K ÷ $8,655,000K
= 9.27
To analyze T-Mobile US Inc's receivables turnover, we calculate the average number of times the company collects its accounts receivable during a specific period. The data indicates a consistent trend over the past five years.
In December 2020, the receivables turnover was 8.17 times, which increased slightly to 8.48 times by December 2021. Subsequently, there was a minor decrease to 8.20 times by December 2022. The turnover ratio then picked up again to 8.47 times by December 2023 before significantly rising to 9.27 times by December 2024.
This trend suggests that T-Mobile US Inc has been effectively managing its accounts receivable, on average, collecting outstanding payments at a relatively steady pace. The increase in the receivables turnover ratio in 2024 indicates a potentially more efficient collection process, which could lead to improved cash flow and liquidity for the company in the future.