Correa Ribeiro Comercio e Industria (BSP:CORR3) Receivables Turnover : 0.67 (As of Sep. 2023)

Correa Ribeiro Comercio e Industria Receivables Turnover Chart

Correa Ribeiro Comercio e Industria Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Receivables Turnover		Get a 7-Day Free Trial					1.52	7.91	12.66	0.44	3.00

Correa Ribeiro Comercio e Industria Quarterly Data
	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															0.22	0.24	-	0.43	0.67

Competitive Comparison of Correa Ribeiro Comercio e Industria's Receivables Turnover

For the Real Estate Services subindustry, Correa Ribeiro Comercio e Industria'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.

Correa Ribeiro Comercio e Industria's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Correa Ribeiro Comercio e Industria's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Correa Ribeiro Comercio e Industria's Receivables Turnover falls into.

Correa Ribeiro Comercio e Industria Receivables Turnover Calculation

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

Correa Ribeiro Comercio e Industria's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Correa Ribeiro Comercio e Industria's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

* 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.

Correa Ribeiro Comercio e Industria  (BSP:CORR3) 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.

Correa Ribeiro Comercio e Industria Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Correa Ribeiro Comercio e Industria's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Correa Ribeiro Comercio e Industria (BSP:CORR3) Business Description