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Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Receivables Turnover : 10.13 (As of Jun. 2023)


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What is Luggo 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. Luggo Fundo DE Investimento Imobiliario - FII's Revenue for the six months ended in Jun. 2023 was R$9.45 Mil. Luggo Fundo DE Investimento Imobiliario - FII's average Accounts Receivable for the six months ended in Jun. 2023 was R$0.93 Mil. Hence, Luggo Fundo DE Investimento Imobiliario - FII's Receivables Turnover for the six months ended in Jun. 2023 was 10.13.


Luggo Fundo DE Investimento Imobiliario - FII Receivables Turnover Historical Data

The historical data trend for Luggo 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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Luggo Fundo DE Investimento Imobiliario - FII Receivables Turnover Chart

Luggo Fundo DE Investimento Imobiliario - FII Annual Data
Trend Jun20 Jun21 Jun22
Receivables Turnover
- 13.75 11.04

Luggo Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23
Receivables Turnover - 13.75 11.04 10.13

Competitive Comparison of Luggo Fundo DE Investimento Imobiliario - FII's Receivables Turnover

For the REIT - Residential subindustry, Luggo 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.


Luggo Fundo DE Investimento Imobiliario - FII's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Luggo Fundo DE Investimento Imobiliario - FII's Receivables Turnover falls into.



Luggo Fundo DE Investimento Imobiliario - FII Receivables Turnover Calculation

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

Luggo Fundo DE Investimento Imobiliario - FII's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Receivables Turnover (A: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2022 ) / ((Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Jun. 2022 )) / count )
=8.051 / ((0.643 + 0.815) / 2 )
=8.051 / 0.729
=11.04

Luggo Fundo DE Investimento Imobiliario - FII'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: Jun. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=9.448 / ((0.815 + 1.05) / 2 )
=9.448 / 0.9325
=10.13

* 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.


Luggo Fundo DE Investimento Imobiliario - FII  (BSP:LUGG11) 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.


Luggo Fundo DE Investimento Imobiliario - FII Receivables Turnover Related Terms

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Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Headlines

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