Mitel Networks Corp Receivables Turnover Ratio (MITL), from the third quarter 2018 to the third quarter 2017 current and historic results, rankings and more - CSIMarket
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Mitel Networks Corp  (MITL)
    Sector • Technology    Industry • Communications Equipment
 

Mitel Networks Accounts Receivables Turnover Ratio from the third quarter 2018 to the third quarter 2017

Quarterly Results, Trends, Rankings, Statistics


Mitel Networks Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2018 to a ratio of 6.29, above the company average. This is a clear sign of healthy business climate in the Communications Equipment industry and improving liquidity at their respective customers, during the third quarter 2018. Average receivable collection period, for the Mitel Networks in Sep 30 2018 quarter, has decreased to 58 days, compared to 64 days, in the Jun 30 2018 quarter.

If we take a look into Technology sector 251 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2018 from 1521 to 1630.

What is Receivable Turnover Ratio?
What is Mitel Networks Corp Selling?


What is Receivable Turnover Ratio?





MITL Receivables Turnover Ratio (Sep 30 2018)
III. Quarter
(Jun 30 2018)
II. Quarter
(Mar 31 2018)
I. Quarter
(Dec 31 2017)
IV. Quarter
(Sep 30 2017)
III. Quarter
Y / Y Receivable Change -17.32 % 1.33 % 15.6 % 27.2 % -13.55 %
Y / Y Revenue Change 28.2 % 36.09 % 40.65 % 36.99 % 2.99 %
Receivable Turnover Ratio (TTM) 6.29 5.7 5.32 5.06 4.9
MITL's Total Ranking # 1630 # 1521 # 1521 # 2374 # 1521
Accounts Receivable average collection period days 58 64 69 72 74
Seq. Receivable Change -11.89 % 1.13 % -15.56 % 9.87 % 8 %
Seq. Revenue Change -4.65 % 3.47 % -11.83 % 47.37 % 1.22 %


Receivable Turnover Company Ranking
Within: No.
Communications Equipment Industry # 12
Technology Sector # 252
Overall Market # 1630

Receivable Turnover Ratio Statistics
High Average Low
0.93 0.77 0.52
(Apr 30 2012)   (Sep 30 2016)






Financial Statements
Mitel Networks's Accounts Receivable $ 181 Millions Visit MITL's Balance sheet
Mitel Networks's Sales TTM $ 1,304 Millions Visit MITL's Income Statement
Sources of MITL's Revenues Visit MITL's Sales by Geography

Other Accounts Receivable Turnover Ratios
Communications Equipment Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
MITL's Receivable Turnover Ratio versus Communications Equipment Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
MITL's Growth Rates MITL's Roa MITL's Inventory Turnover Ratio MITL's Dividend Comparisons
MITL's Profitability Ratios MITL's Roi MITL's Asset Turnover Ratio MITL's Dividend Growth
MITL's Valuation Ratios MITL's Roe MITL's Financial Strength Ratios MITL's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2018, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2018 Receivable at quarter ending Sep 30 2018
Comsovereign Holding Corp   19.68 $ 1.083  Millions$ 0.055  Millions
8x8 Inc   19.29 $ 323.826  Millions$ 16.789  Millions
Focus Universal Inc   19.02 $ 0.714  Millions$ 0.038  Millions
Isign Solutions Inc   18.93 $ 0.994  Millions$ 0.053  Millions
Vpr Brands Lp  18.35 $ 4.305  Millions$ 0.235  Millions
Parkervision Inc  18.24 $ 0.228  Millions$ 0.013  Millions
Dzs Inc  17.90 $ 276.298  Millions$ 15.439  Millions
Professional Diversity Network Inc   17.62 $ 14.295  Millions$ 0.811  Millions
Pareteum Corp  17.17 $ 22.138  Millions$ 1.289  Millions
Terminix Global Holdings inc.  16.94 $ 3,087.000  Millions$ 182.250  Millions
Avalon Globocare Corp  15.65 $ 1.537  Millions$ 0.098  Millions
Internap Corp  15.63 $ 309.170  Millions$ 19.783  Millions
Aftermaster Inc   15.46 $ 1.569  Millions$ 0.101  Millions
Aspen Technology inc   15.36 $ 490.902  Millions$ 31.968  Millions
Xperi Inc   15.35 $ 328.498  Millions$ 21.395  Millions
Flexpoint Sensor Systems Inc  15.25 $ 0.287  Millions$ 0.019  Millions
Oracle Corporation  14.87 $ 67,155.000  Millions$ 4,516.750  Millions
Data Storage Corporation  14.76 $ 9.130  Millions$ 0.618  Millions
Semileds Corp  14.71 $ 7.495  Millions$ 0.510  Millions
Qxo Inc   14.67 $ 37.810  Millions$ 2.577  Millions
Leaf Group Ltd   14.61 $ 149.251  Millions$ 10.216  Millions
Zenergy Brands, Inc.  14.29 $ 1.270  Millions$ 0.089  Millions
Apple Inc   14.15 $ 265,595.000  Millions$ 18,763.500  Millions
Grom Social Enterprises Inc   14.02 $ 7.536  Millions$ 0.538  Millions
Friendable Inc   13.89 $ 0.007  Millions$ 0.000  Millions
Jabil Inc  13.89 $ 22,095.416  Millions$ 1,591.152  Millions
Pixelworks Inc  13.89 $ 74.463  Millions$ 5.363  Millions
Upay Inc   13.69 $ 0.861  Millions$ 0.063  Millions
Omphalos Corp  13.51 $ 0.541  Millions$ 0.040  Millions
Ichor Holdings Ltd   13.49 $ 865.145  Millions$ 64.120  Millions

Date modified: 2026-10-07T00:41:38+00:00



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