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Cboe Global Markets (BSP:C1BO34) Receivables Turnover : 2.77 (As of Dec. 2023)


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What is Cboe Global Markets 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. Cboe Global Markets's Revenue for the three months ended in Dec. 2023 was R$4,746 Mil. Cboe Global Markets's average Accounts Receivable for the three months ended in Dec. 2023 was R$1,713 Mil. Hence, Cboe Global Markets's Receivables Turnover for the three months ended in Dec. 2023 was 2.77.


Cboe Global Markets Receivables Turnover Historical Data

The historical data trend for Cboe Global Markets'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.

Cboe Global Markets Receivables Turnover Chart

Cboe Global Markets 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 9.86 13.07 11.03 10.96 10.29

Cboe Global Markets 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 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 2.68 2.58 2.31 2.54 2.77

Competitive Comparison of Cboe Global Markets's Receivables Turnover

For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets'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.


Cboe Global Markets's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cboe Global Markets's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cboe Global Markets's Receivables Turnover falls into.



Cboe Global Markets Receivables Turnover Calculation

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

Cboe Global Markets'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 )
=18489.395 / ((1939.749 + 1652.703) / 2 )
=18489.395 / 1796.226
=10.29

Cboe Global Markets'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 )
=4746.436 / ((1773.487 + 1652.703) / 2 )
=4746.436 / 1713.095
=2.77

* 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.


Cboe Global Markets  (BSP:C1BO34) 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.


Cboe Global Markets Receivables Turnover Related Terms

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Cboe Global Markets (BSP:C1BO34) Business Description

Traded in Other Exchanges
Address
433 West Van Buren Street, Chicago, IL, USA, 60607
Cboe Global Markets, Inc is a provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The Company is committed to operating a trusted, inclusive global marketplace, and to providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX, and digital assets, across North America, Europe, and Asia Pacific.

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