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B3 - Brasil Bolsa Balcao (B3 - Brasil Bolsa Balcao) Receivables Turnover : 4.02 (As of Mar. 2024)


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What is B3 - Brasil Bolsa Balcao 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. B3 - Brasil Bolsa Balcao's Revenue for the three months ended in Mar. 2024 was $443 Mil. B3 - Brasil Bolsa Balcao's average Accounts Receivable for the three months ended in Mar. 2024 was $110 Mil. Hence, B3 - Brasil Bolsa Balcao's Receivables Turnover for the three months ended in Mar. 2024 was 4.02.


B3 - Brasil Bolsa Balcao Receivables Turnover Historical Data

The historical data trend for B3 - Brasil Bolsa Balcao'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.

B3 - Brasil Bolsa Balcao Receivables Turnover Chart

B3 - Brasil Bolsa Balcao Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.33 19.35 20.39 20.00 17.20

B3 - Brasil Bolsa Balcao Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.58 4.75 4.53 4.32 4.02

Competitive Comparison of B3 - Brasil Bolsa Balcao's Receivables Turnover

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.


B3 - Brasil Bolsa Balcao's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's Receivables Turnover falls into.



B3 - Brasil Bolsa Balcao Receivables Turnover Calculation

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

B3 - Brasil Bolsa Balcao's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1819.843 / ((96.054 + 115.524) / 2 )
=1819.843 / 105.789
=17.20

B3 - Brasil Bolsa Balcao's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=443.261 / ((115.524 + 104.992) / 2 )
=443.261 / 110.258
=4.02

* 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.


B3 - Brasil Bolsa Balcao  (OTCPK:BOLSY) 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.


B3 - Brasil Bolsa Balcao Receivables Turnover Related Terms

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B3 - Brasil Bolsa Balcao (B3 - Brasil Bolsa Balcao) Business Description

Traded in Other Exchanges
Address
Antonio Prado Square, 48 - Center, Rua XV de Novembro, 275, Sao Paulo, SP, BRA, 01010-901
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. It relies on technology to deliver its services.

B3 - Brasil Bolsa Balcao (B3 - Brasil Bolsa Balcao) Headlines

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