GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cia de Fiacao e Tecidos Cedro e Cachoeira (BSP:CEDO4) » Definitions » Receivables Turnover

Cia de Fiacao e Tecidos Cedro e Cachoeira (BSP:CEDO4) Receivables Turnover : 1.37 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Cia de Fiacao e Tecidos Cedro e Cachoeira 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. Cia de Fiacao e Tecidos Cedro e Cachoeira's Revenue for the three months ended in Dec. 2023 was R$219 Mil. Cia de Fiacao e Tecidos Cedro e Cachoeira's average Accounts Receivable for the three months ended in Dec. 2023 was R$160 Mil. Hence, Cia de Fiacao e Tecidos Cedro e Cachoeira's Receivables Turnover for the three months ended in Dec. 2023 was 1.37.


Cia de Fiacao e Tecidos Cedro e Cachoeira Receivables Turnover Historical Data

The historical data trend for Cia de Fiacao e Tecidos Cedro e Cachoeira'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.

Cia de Fiacao e Tecidos Cedro e Cachoeira Receivables Turnover Chart

Cia de Fiacao e Tecidos Cedro e Cachoeira 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 4.61 4.85 6.90 6.86 6.72

Cia de Fiacao e Tecidos Cedro e Cachoeira 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 1.24 1.43 1.60 1.60 1.37

Competitive Comparison of Cia de Fiacao e Tecidos Cedro e Cachoeira's Receivables Turnover

For the Textile Manufacturing subindustry, Cia de Fiacao e Tecidos Cedro e Cachoeira'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.


Cia de Fiacao e Tecidos Cedro e Cachoeira's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cia de Fiacao e Tecidos Cedro e Cachoeira's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cia de Fiacao e Tecidos Cedro e Cachoeira's Receivables Turnover falls into.



Cia de Fiacao e Tecidos Cedro e Cachoeira Receivables Turnover Calculation

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

Cia de Fiacao e Tecidos Cedro e Cachoeira'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 )
=1115.439 / ((196.743 + 135.431) / 2 )
=1115.439 / 166.087
=6.72

Cia de Fiacao e Tecidos Cedro e Cachoeira'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 )
=218.755 / ((183.88 + 135.431) / 2 )
=218.755 / 159.6555
=1.37

* 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.


Cia de Fiacao e Tecidos Cedro e Cachoeira  (BSP:CEDO4) 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.


Cia de Fiacao e Tecidos Cedro e Cachoeira Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Cia de Fiacao e Tecidos Cedro e Cachoeira's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Cia de Fiacao e Tecidos Cedro e Cachoeira (BSP:CEDO4) Business Description

Traded in Other Exchanges
Address
R Paraiba 337, Belo Horizonte, MG, BRA, 30130140
Cia de Fiacao e Tecidos Cedro e Cachoeira is engaged in the textile industry. It produces and markets garment products such as fashionable clothing, professional uniforms, accessories and personal protective equipment, among others.

Cia de Fiacao e Tecidos Cedro e Cachoeira (BSP:CEDO4) Headlines

No Headlines