T-Mobile US Inc (TMUS)
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 | 77,918,000 | 77,735,000 | 77,992,000 | 78,482,000 | 78,966,000 | 78,661,000 | 77,903,000 | 77,244,000 | 76,018,000 | 76,693,000 | 76,235,000 | 73,752,000 | 65,682,000 | 57,219,000 | 49,869,000 | 44,117,000 | 44,360,000 | 43,927,000 | 43,695,000 | 43,488,000 |
| Receivables | US$ in thousands | 9,148,000 | 8,970,000 | 9,371,000 | 9,378,000 | 9,568,000 | 9,372,000 | 9,595,000 | 9,077,000 | 8,942,000 | 8,436,000 | 8,610,000 | 7,453,000 | 7,853,000 | 7,415,000 | 6,573,000 | 4,268,000 | 4,508,000 | 4,267,000 | 4,281,000 | 4,231,000 |
| Receivables turnover | 8.52 | 8.67 | 8.32 | 8.37 | 8.25 | 8.39 | 8.12 | 8.51 | 8.50 | 9.09 | 8.85 | 9.90 | 8.36 | 7.72 | 7.59 | 10.34 | 9.84 | 10.29 | 10.21 | 10.28 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $77,918,000K ÷ $9,148,000K
= 8.52
The receivables turnover ratio for T-Mobile US Inc has been relatively stable over the past eight quarters, ranging from 8.32 to 8.87. This ratio measures how efficiently T-Mobile is able to collect payments from its customers. The higher the ratio, the more quickly the company is collecting on its outstanding receivables.
Based on the data provided, there doesn't seem to be a significant trend or pattern in the receivables turnover ratio for T-Mobile US Inc. However, the consistency of the ratios around the range of 8.32 to 8.87 indicates that the company has been effective in managing its accounts receivable and collecting payments in a timely manner.
It's important for investors and analysts to continue monitoring the receivables turnover ratio to ensure that T-Mobile is maintaining its efficiency in collecting payments from customers and managing its accounts receivable effectively.