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Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) Receivables Turnover : 20.36 (As of Dec. 2023)


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What is Asa Metropolis Fundo De Investimento Imobiliario 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. Asa Metropolis Fundo De Investimento Imobiliario's Revenue for the six months ended in Dec. 2023 was R$9.81 Mil. Asa Metropolis Fundo De Investimento Imobiliario's average Accounts Receivable for the six months ended in Dec. 2023 was R$0.48 Mil. Hence, Asa Metropolis Fundo De Investimento Imobiliario's Receivables Turnover for the six months ended in Dec. 2023 was 20.36.


Asa Metropolis Fundo De Investimento Imobiliario Receivables Turnover Historical Data

The historical data trend for Asa Metropolis Fundo De Investimento Imobiliario'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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Asa Metropolis Fundo De Investimento Imobiliario Receivables Turnover Chart

Asa Metropolis Fundo De Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23
Receivables Turnover
14.01 19.94 20.36

Asa Metropolis Fundo De Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23
Receivables Turnover 14.01 19.94 20.36

Competitive Comparison of Asa Metropolis Fundo De Investimento Imobiliario's Receivables Turnover

For the REIT - Specialty subindustry, Asa Metropolis Fundo De Investimento Imobiliario'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.


Asa Metropolis Fundo De Investimento Imobiliario's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Asa Metropolis Fundo De Investimento Imobiliario's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Asa Metropolis Fundo De Investimento Imobiliario's Receivables Turnover falls into.



Asa Metropolis Fundo De Investimento Imobiliario Receivables Turnover Calculation

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

Asa Metropolis Fundo De Investimento Imobiliario'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 )
=9.813 / ((0.482 + 0) / 1 )
=9.813 / 0.482
=20.36

Asa Metropolis Fundo De Investimento Imobiliario'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: Dec. 2022 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=9.813 / ((0.482 + 0) / 1 )
=9.813 / 0.482
=20.36

* 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.


Asa Metropolis Fundo De Investimento Imobiliario  (BSP:ASMT11) 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.


Asa Metropolis Fundo De Investimento Imobiliario Receivables Turnover Related Terms

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Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 501, 6th Floor- Botafogo-, Rio de Janeiro, RJ, BRA, RJ- 22250-040
Website
Asa Metropolis Fundo De Investimento Imobiliario is a real estate investment fund whose main objective is to earn income from rentals and capital gains based on the appreciation of its assets. The fund invests in commercial properties in the main urban regions of Brazil.

Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) Headlines

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