Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii (BSP:JASC11) Receivables Turnover : 8.64 (As of Dec. 2023)

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What is Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii 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. Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii's Revenue for the six months ended in Dec. 2023 was R$18.57 Mil. Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii's average Accounts Receivable for the six months ended in Dec. 2023 was R$2.15 Mil. Hence, Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii's Receivables Turnover for the six months ended in Dec. 2023 was 8.64.

Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii Receivables Turnover Historical Data

The historical data trend for Jasc Renda Varejo Essencial 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.

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Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii Receivables Turnover Chart

Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

8.64

Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii Semi-Annual Data
	Dec21	Dec22	Dec23
Receivables Turnover	-	-	8.64

Competitive Comparison of Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii's Receivables Turnover

For the REIT - Specialty subindustry, Jasc Renda Varejo Essencial 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.

Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii's Receivables Turnover falls into.

Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii Receivables Turnover Calculation

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

Jasc Renda Varejo Essencial 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 Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	18.57	/ (	(0	+	2.149)	/	1 )
=	18.57	/	2.149
=	8.64

Jasc Renda Varejo Essencial 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 Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	18.57	/ (	(0	+	2.149)	/	1 )
=	18.57	/	2.149
=	8.64

Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii (BSP:JASC11) 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.

Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii Receivables Turnover Related Terms

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Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii (BSP:JASC11) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Iguatemi, n 151, 19th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 01451-011

Website

https://www.brltrust.com.br

Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii acquires a fraction or all of the Real Estate Assets in which to invest or even develop them individually or jointly with third parties, either in a condominium or in partnership. The Fund's objective is to obtain income, through the investment of Shareholders' Equity in commercial exploitation, through leasing, and assignment of rights.

Jasc Renda Varejo Essencial Fundo De Investimento Imobiliario - Fii Headlines

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