T-Mobile US Inc (TMUS)
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 | 80,753,000 | 79,391,000 | 78,415,000 | 77,825,000 | 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 |
| Receivables | US$ in thousands | 8,655,000 | 7,881,000 | 8,339,000 | 8,312,000 | 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 |
| Receivables turnover | 9.33 | 10.07 | 9.40 | 9.36 | 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 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $80,753,000K ÷ $8,655,000K
= 9.33
Based on the data provided for T-Mobile US Inc's receivables turnover, we can observe fluctuations in the receivables turnover ratio over the quarters. The receivables turnover ratio indicates how many times a company collects its accounts receivable during a period.
From March 31, 2020, to December 31, 2024, the receivables turnover ratio ranged from a low of 7.59 to a high of 10.07. The highest turnover ratio was recorded on September 30, 2024, at 10.07, suggesting that T-Mobile US Inc was able to convert its accounts receivable into cash more rapidly during that period.
Overall, the trend in the receivables turnover ratio shows some variability with fluctuations, indicating potential changes in the company's collections efficiency. It is crucial for investors and analysts to monitor this ratio regularly to understand how effectively the company is managing its accounts receivable and collecting payments from customers.