CSHG Logistica - Fundo de Investimento Imobiliario - FII (BSP:HGLG11) Receivables Turnover: 9.00 (As of Dec. 2023)

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BSP:HGLG11 CSHG Logistica - Fundo de Investimento Imobiliario - FII BSP:HGLG11
4 GF Score
Price R$147.76
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What is CSHG Logistica - Fundo de Investimento Imobiliario - FII Receivables Turnover?

CSHG Logistica - Fundo de Investimento Imobiliario - FII BSP:HGLG11 +0.01% 4 Receivables Turnover is 9.00 as of Dec. 2023. GuruFocus rates BSP:HGLG11 with a GF Score™ of 4/100.

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. CSHG Logistica - Fundo de Investimento Imobiliario - FII's Revenue for the six months ended in Dec. 2023 was R$307.4 Mil. CSHG Logistica - Fundo de Investimento Imobiliario - FII's average Accounts Receivable for the six months ended in Dec. 2023 was R$34.2 Mil. Hence, CSHG Logistica - Fundo de Investimento Imobiliario - FII's Receivables Turnover for the six months ended in Dec. 2023 was 9.00.


CSHG Logistica - Fundo de Investimento Imobiliario - FII  (BSP:HGLG11) 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.


CSHG Logistica - Fundo de Investimento Imobiliario - FII Receivables Turnover Related Terms


CSHG Logistica - Fundo de Investimento Imobiliario - FII Receivables Turnover Historical Data

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The historical data trend for CSHG Logistica - Fundo de Investimento Imobiliario - FII'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.

CSHG Logistica - Fundo de Investimento Imobiliario - FII Receivables Turnover Chart

CSHG Logistica - Fundo de Investimento Imobiliario - FII Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 11.54 16.87 7.08 8.16 9.00

CSHG Logistica - Fundo de Investimento Imobiliario - FII Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover Get a 7-Day Free Trial 11.54 16.87 7.08 8.16 9.00

BSP:HGLG11 vs VICI, WPC: Receivables Turnover Comparison

For the REIT - Diversified subindustry, CSHG Logistica - Fundo de Investimento Imobiliario - FII'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.


CSHG Logistica - Fundo de Investimento Imobiliario - FII Receivables Turnover vs REITs Industry

For the REITs industry and Real Estate sector, CSHG Logistica - Fundo de Investimento Imobiliario - FII's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CSHG Logistica - Fundo de Investimento Imobiliario - FII's Receivables Turnover falls into.


BSP:HGLG11
4GF Score
CSHG Logistica - Fundo de Investimento Imobiliario - FII BSP:HGLG11
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CSHG Logistica - Fundo de Investimento Imobiliario - FII Receivables Turnover Calculation

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

CSHG Logistica - Fundo de Investimento Imobiliario - FII's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=307.447 / ((29.053 + 39.281) / 2 )
=307.447 / 34.167
=9.00

CSHG Logistica - Fundo de Investimento Imobiliario - FII's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=307.447 / ((29.053 + 39.281) / 2 )
=307.447 / 34.167
=9.00

* 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 9.00 mean?
CSHG Logistica - Fundo de Investimento Imobiliario - FII (BSP:HGLG11) has a Receivables Turnover of 9.00 as of Dec. 2023. 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 CSHG Logistica - Fundo de Investimento Imobiliario - FII and its competitors.
Is CSHG Logistica - Fundo de Investimento Imobiliario - FII's Receivables Turnover too high?
CSHG Logistica - Fundo de Investimento Imobiliario - FII's current Receivables Turnover is 9.00. The REITs industry median Receivables Turnover is 15.76. CSHG Logistica - Fundo de Investimento Imobiliario - FII's value of 9.00 is 42.9% below this industry median. Overall, CSHG Logistica - Fundo de Investimento Imobiliario - FII has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does CSHG Logistica - Fundo de Investimento Imobiliario - FII's Receivables Turnover compare to VICI and WPC?
CSHG Logistica - Fundo de Investimento Imobiliario - FII's Receivables Turnover of 9.00 can be compared against companies in the REITs industry. The industry median Receivables Turnover is 15.76. CSHG Logistica - Fundo de Investimento Imobiliario - FII's value of 9.00 is 42.9% 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 15.76, based on 668 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. CSHG Logistica - Fundo de Investimento Imobiliario - FII's current Receivables Turnover of 9.00 is 42.9% 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 CSHG Logistica - Fundo de Investimento Imobiliario - FII and its competitors. For the REITs industry, the median Receivables Turnover is 15.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSHG Logistica - Fundo de Investimento Imobiliario - FII's current Receivables Turnover is 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSHG Logistica - Fundo de Investimento Imobiliario - FII stock overvalued right now?
CSHG Logistica - Fundo de Investimento Imobiliario - FII (BSP:HGLG11) has a current Receivables Turnover of 9.00. The current Receivables Turnover is 9.00 and 42.9% below the REITs industry median of 15.76. CSHG Logistica - Fundo de Investimento Imobiliario - FII's overall GF Score™ is 4/100. 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 CSHG Logistica - Fundo de Investimento Imobiliario - FII (BSP:HGLG11), the current Receivables Turnover is 9.00 as of Dec. 2023. 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.

CSHG Logistica - Fundo de Investimento Imobiliario - FII Business Description

Industry Real EstateREITs
Address Avenida Paulista, 2300, 11.Andar, SÃO PAULO, SP, BRA, 1310300
CSHG Logistica - Fundo de Investimento Imobiliario - FII is a real estate investment fund.
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