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Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) Receivables Turnover : 3.35 (As of Jun. 2023)


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What is Administradora de Fondos de Pensiones y Cesantia Proteccion 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. Administradora de Fondos de Pensiones y Cesantia Proteccion's Revenue for the three months ended in Jun. 2023 was COP232,620 Mil. Administradora de Fondos de Pensiones y Cesantia Proteccion's average Accounts Receivable for the three months ended in Jun. 2023 was COP69,389 Mil. Hence, Administradora de Fondos de Pensiones y Cesantia Proteccion's Receivables Turnover for the three months ended in Jun. 2023 was 3.35.


Administradora de Fondos de Pensiones y Cesantia Proteccion Receivables Turnover Historical Data

The historical data trend for Administradora de Fondos de Pensiones y Cesantia Proteccion'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.

* Premium members only.

Administradora de Fondos de Pensiones y Cesantia Proteccion Receivables Turnover Chart

Administradora de Fondos de Pensiones y Cesantia Proteccion Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.92 16.22 20.13 16.82 12.45

Administradora de Fondos de Pensiones y Cesantia Proteccion Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Jun23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.21 3.60 3.25 3.40 3.35

Competitive Comparison of Administradora de Fondos de Pensiones y Cesantia Proteccion's Receivables Turnover

For the Asset Management subindustry, Administradora de Fondos de Pensiones y Cesantia Proteccion'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.


Administradora de Fondos de Pensiones y Cesantia Proteccion's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Administradora de Fondos de Pensiones y Cesantia Proteccion's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Administradora de Fondos de Pensiones y Cesantia Proteccion's Receivables Turnover falls into.



Administradora de Fondos de Pensiones y Cesantia Proteccion Receivables Turnover Calculation

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

Administradora de Fondos de Pensiones y Cesantia Proteccion's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=990846 / ((78932 + 80201) / 2 )
=990846 / 79566.5
=12.45

Administradora de Fondos de Pensiones y Cesantia Proteccion's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=232619.845 / ((72841.965 + 65936.057) / 2 )
=232619.845 / 69389.011
=3.35

* 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.


Administradora de Fondos de Pensiones y Cesantia Proteccion  (BOG:PROTECCION) 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.


Administradora de Fondos de Pensiones y Cesantia Proteccion Receivables Turnover Related Terms

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Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) Business Description

Traded in Other Exchanges
N/A
Address
Calle 49 No. 63-100 Torre Protection, Medellin, COL
Administradora de Fondos de Pensiones y Cesantia Proteccion SA is a management company of mandatory and voluntary pension and severance funds. Its funds include voluntary and obligatory pension funds, and severance funds.

Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) Headlines

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