Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) Receivables Turnover: 2.51 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:HDEL11 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
24 GF Score
Price R$3.32
! 2 Warning Signs
View Full Analysis

What is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Receivables Turnover?

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11 24 Receivables Turnover is 2.51 as of Dec. 2025. GuruFocus rates BSP:HDEL11 with a GF Score™ of 24/100. The stock has 2 warning signs investors should review. Among 661 REITs companies, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks worse than 92.13% on this metric.

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. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Revenue for the six months ended in Dec. 2025 was R$6.52 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's average Accounts Receivable for the six months ended in Dec. 2025 was R$2.60 Mil. Hence, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Receivables Turnover for the six months ended in Dec. 2025 was 2.51.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio  (BSP:HDEL11) 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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Receivables Turnover Related Terms


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Receivables Turnover Chart

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Receivables Turnover
0.00 0.00 0.00 2.51

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Receivables Turnover 0.00 0.00 0.00 2.51

BSP:HDEL11 vs VICI, WPC: Receivables Turnover Comparison

For the REIT - Diversified subindustry, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Receivables Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Receivables Turnover falls into.


BSP:HDEL11
24GF Score
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Receivables Turnover Calculation

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

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=6.523 / ((1.829 + 3.376) / 2 )
=6.523 / 2.6025
=2.51

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=6.523 / ((1.829 + 3.376) / 2 )
=6.523 / 2.6025
=2.51

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.51 mean?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a Receivables Turnover of 2.51 as of Dec. 2025. The accounts 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. View historical data on Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio and its competitors. According to the industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #609 out of 661 companies in the REITs industry, placing it in the top 92.1%.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Receivables Turnover too high?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Receivables Turnover is 2.51. The REITs industry median Receivables Turnover is 15.95. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 2.51 is 84.3% below this industry median. Based on the distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #609 out of 661 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Receivables Turnover compare to VICI and WPC?
According to the REITs industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #609 out of 661 companies for Receivables Turnover. This places Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio in the lower half of its industry. The industry median Receivables Turnover is 15.95. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 2.51 is 84.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a REITs company?
The median Receivables Turnover among REITs companies is 15.95, based on 661 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Receivables Turnover of 2.51 is 84.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio and its competitors. For the REITs industry, the median Receivables Turnover is 15.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Receivables Turnover is 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio stock overvalued right now?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a current Receivables Turnover of 2.51. The current Receivables Turnover is 2.51 and 84.3% below the REITs industry median of 15.95. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's overall GF Score™ is 24/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11), the current Receivables Turnover is 2.51 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima 3600, 11th Floor, cjto 112 (parte), Sao Paulo, SP, BRA, 4538132
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio is a closed-end fund. The fund's objective is to provide its shareholders with appreciation and profitability of their shares in the long term, aiming to obtain capital gains through the investment of its assets.
24GF Score

Get the complete analysis for BSP:HDEL11

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$3.32
Price