IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Receivables Turnover : 1.13 (As of Dec. 2023)

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What is IRSA Inversiones y Representaciones Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. IRSA Inversiones y Representaciones's Revenue for the three months ended in Dec. 2023 was $150.6 Mil. IRSA Inversiones y Representaciones's average Accounts Receivable for the three months ended in Dec. 2023 was $133.5 Mil. Hence, IRSA Inversiones y Representaciones's Receivables Turnover for the three months ended in Dec. 2023 was 1.13.

IRSA Inversiones y Representaciones Receivables Turnover Historical Data

The historical data trend for IRSA Inversiones y Representaciones's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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IRSA Inversiones y Representaciones Receivables Turnover Chart

IRSA Inversiones y Representaciones Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

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0.76

0.66

1.01

3.37

2.46

IRSA Inversiones y Representaciones Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.44	0.76	1.33	0.90	1.13

Competitive Comparison of IRSA Inversiones y Representaciones's Receivables Turnover

For the Real Estate Services subindustry, IRSA Inversiones y Representaciones's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

IRSA Inversiones y Representaciones's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Inversiones y Representaciones's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where IRSA Inversiones y Representaciones's Receivables Turnover falls into.

IRSA Inversiones y Representaciones Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

IRSA Inversiones y Representaciones's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	372.021	/ (	(194.041	+	107.813)	/	2 )
=	372.021	/	150.927
=	2.46

IRSA Inversiones y Representaciones's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	150.579	/ (	(86.218	+	180.723)	/	2 )
=	150.579	/	133.4705
=	1.13

IRSA Inversiones y Representaciones (NYSE:IRS) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

IRSA Inversiones y Representaciones Receivables Turnover Related Terms

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IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IRSA Inversiones y Representaciones SA (NYSE:IRS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

IRY:Germany IRY:Germany IRSA:Argentina

Address

Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA

Website

http://www.irsa.com.ar

IRSA Inversiones y Representaciones SA is engaged in a diversified business. The company's operating segment includes Shopping Malls; Offices; Sales and Developments; Hotels and others. It generates maximum revenue from the Shopping Malls segment. The Shopping Malls segment comprised lease and service revenues related to rental of commercial space and other spaces in the shopping malls of the company.