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Veon Ltd 's Working Capital Ratio
VEON's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 0.6 below Veon Ltd 's average Working Capital Ratio.
Within Communications Services industry 38 other companies have achieved higher Working Capital Ratio than Veon Ltd in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 0 to 4169.
Explain Working Capital Ratio
How much Current Assetss VEON´s has?
What are VEON´s Current Liabilities?
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Select the Comparisons :
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Select the Ratio:
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| VEON Working Capital Ratio |
(Dec 31 2023)
Q4 |
0
Q3 |
0
Q2 |
0
Q1 |
(Dec 31 2022)
Q4 |
| Y / Y Current Liabilities Change |
-22.84 % |
-22.84 % |
-22.84 % |
-22.84 % |
5.98 % |
| Y / Y Current Assets Change |
-35.91 % |
-35.91 % |
-35.91 % |
-35.91 % |
-6.11 % |
| Working Capital Ratio MRQ |
0.6 |
0.6 |
0.6 |
0.6 |
0.72 |
| VEON's Total
Ranking |
# 4169 |
# 0 |
# 0 |
# 0 |
# 4740 |
| Seq. Current Liabilities Change |
0 % |
0 % |
0 % |
-22.84 % |
0 % |
| Seq. Current Assets Change |
0 % |
0 % |
0 % |
-35.91 % |
0 % |
| Working Capital Ratio forth quarter 2023 Company Ranking |
| Within: |
No. |
| Communications Services Industry |
# 39 |
| Services Sector |
# 510 |
| Overall Market |
# 4169 |
| Working Capital Ratio Statistics |
| High |
Average |
Low |
| 0.81 |
0.65 |
0.43 |
| (Dec 31 2021) |
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(Dec 31 2019) |
Cumulative Veon Ltd 's Working Capital Ratio
VEON's Working Capital Ratio for the trailling 12 Months
VEON Working Capital Ratio |
(Dec 31 2023)
12 Months |
0
12 Months |
0
12 Months |
0
12 Months |
(Dec 31 2022)
12 Months |
| Y / Y Current Liabilities TTM Growth |
-22.84 % |
-22.84 % |
-22.84 % |
-22.84 % |
5.98 % |
| Y / Y Current Assets TTM Growth |
-35.91 % |
-35.91 % |
-35.91 % |
-35.91 % |
-6.11 % |
| Working Capital Ratio TTM |
0.6 |
0.63 |
0.67 |
0.69 |
0.72 |
| Total
Ranking TTM |
# 4049
| # 0
| # 0
| # 0
| # 4204
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| Seq. Current Liabilities TTM Growth |
0 % |
0 % |
0 % |
-22.84 % |
0 % |
| Seq. Current Assets TTM Growth |
0 % |
0 % |
0 % |
-35.91 % |
0 % |
On the trailing twelve months basis In spite of the year on year decrease in VEON's Current Liabilities to $3,584.00 millions, cumulative Working Capital Ratio to 0.6 below the VEON average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Communications Services industry 48 other companies have achieved higher Working Capital Ratio than Veon Ltd . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 0 to 4049.
Explain Working Capital Ratio
How much Current Assetss VEON´s has?
What are VEON´s Current Liabilities?
| TTM Working Capital Ratio Company Ranking |
| Within: |
No. |
| Within the Communications Services Industry |
# 49 |
| Services Sector |
# 571 |
| Within the Market |
# 4049 |
| trailing twelve months Working Capital Ratio Statistics |
| High |
Average |
Low |
| 2.04 |
0.82 |
0.43 |
| (Dec 31 2022) |
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(Dec 31 2019) |
| Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Communications Services Industry | Working Capital Ratio | Dec 31 2023 MRQ Current Assets | Dec 31 2023 MRQ Current Liabilities | | United States Cellular Corporation | 1.55 | $ 1,400.000 Millions | $ 901.000 Millions | | Chunghwa Telecom Co Ltd | 1.52 | $ 3,371.000 Millions | $ 2,213.000 Millions | | Idt Corporation | 1.43 | $ 407.576 Millions | $ 285.034 Millions | | Telephone And Data Systems Inc | 1.40 | $ 1,660.000 Millions | $ 1,184.000 Millions | | Cogent Communications Holdings inc | 1.38 | $ 513.627 Millions | $ 373.324 Millions | | Kore Group Holdings Inc | 1.37 | $ 101.987 Millions | $ 74.499 Millions | | Ucloudlink Group Inc | 1.25 | $ 49.017 Millions | $ 39.123 Millions | | Frontier Communications Parent Inc | 1.22 | $ 2,781.000 Millions | $ 2,275.000 Millions | | Kt Corporation | 1.10 | $ 13,572.649 Millions | $ 12,320.302 Millions | | Cincinnati Bell Inc | 1.02 | $ 696.900 Millions | $ 684.000 Millions | | Cleartronic Inc | 0.97 | $ 1.465 Millions | $ 1.509 Millions | | Atn International inc | 0.96 | $ 281.272 Millions | $ 293.194 Millions | | Telef nica Brasil S a | 0.96 | $ 3,656.543 Millions | $ 3,815.995 Millions | | Sk Telecom Co Ltd | 0.94 | $ 6,124.610 Millions | $ 6,504.401 Millions | | T mobile Us Inc | 0.91 | $ 19,015.000 Millions | $ 20,928.000 Millions | | Telef nica S a | 0.89 | $ 23,246.720 Millions | $ 26,206.880 Millions | | Tim S a | 0.89 | $ 11,404.293 Millions | $ 12,882.966 Millions | | Orange | 0.83 | $ 28,269.920 Millions | $ 34,199.200 Millions | | Globalstar Inc | 0.81 | $ 142.653 Millions | $ 175.908 Millions | | Perusahaan Perseroan Persero Pt Telekomunikasi Ind | 0.78 | $ 3,613.000 Millions | $ 4,639.000 Millions | | Sidus Space Inc | 0.75 | $ 9.202 Millions | $ 12.219 Millions | | Verizon Communications Inc | 0.75 | $ 36,814.000 Millions | $ 48,957.000 Millions | | At and t Inc | 0.71 | $ 36,458.000 Millions | $ 51,127.000 Millions | | America Movil Sab De Cv | 0.65 | $ 20,136.000 Millions | $ 31,042.000 Millions | | Veon ltd | 0.60 | $ 2,138.000 Millions | $ 3,584.000 Millions | | Buzzfeed Inc | 0.58 | $ 132.789 Millions | $ 227.795 Millions | | Telesat Corporation | 0.57 | $ 1,391.583 Millions | $ 2,448.917 Millions | | Konatel Inc | 0.49 | $ 3.633 Millions | $ 7.365 Millions | | Anghami Inc | 0.47 | $ 15.104 Millions | $ 32.301 Millions | | Qwest Corporation | 0.44 | $ 415.000 Millions | $ 933.000 Millions |
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