Infracommerce Caxaas (BSP:IFCM3) Receivables Turnover : 0.63 (As of Jun. 2023)

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What is Infracommerce Caxaas 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. Infracommerce Caxaas's Revenue for the three months ended in Jun. 2023 was R$299.8 Mil. Infracommerce Caxaas's average Accounts Receivable for the three months ended in Jun. 2023 was R$478.1 Mil. Hence, Infracommerce Caxaas's Receivables Turnover for the three months ended in Jun. 2023 was 0.63.

Infracommerce Caxaas Receivables Turnover Historical Data

The historical data trend for Infracommerce Caxaas'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.

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Infracommerce Caxaas Receivables Turnover Chart

Infracommerce Caxaas Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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1.91

2.49

1.75

2.19

2.31

Infracommerce Caxaas Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial											0.47	0.57	0.47	0.63	-

Competitive Comparison of Infracommerce Caxaas's Receivables Turnover

For the Specialty Business Services subindustry, Infracommerce Caxaas'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.

Infracommerce Caxaas's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Infracommerce Caxaas's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Infracommerce Caxaas's Receivables Turnover falls into.

Infracommerce Caxaas Receivables Turnover Calculation

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

Infracommerce Caxaas'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 )
=	1072.489	/ (	(431.452	+	495.975)	/	2 )
=	1072.489	/	463.7135
=	2.31

Infracommerce Caxaas's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	299.783	/ (	(474.762	+	481.455)	/	2 )
=	299.783	/	478.1085
=	0.63

Infracommerce Caxaas (BSP:IFCM3) 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.

Infracommerce Caxaas Receivables Turnover Related Terms

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Infracommerce Caxaas (BSP:IFCM3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Infracommerce Caxaas SA (BSP:IFCM3) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Doutor Cardoso de Melo 1855, 15º andar, Jardim Paulistano, São Paulo, SP, BRA, 04548-005

Website

https://www.infracommerce.com.br

Infracommerce Caxaas SA is the largest full service company for digital businesses and works with the modular concept, bringing together platform, marketing, content, payment, logistics and SAC in three core competence cores: Omnichannel Platform, Marketing and Sales and Operations.

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