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Companhia de Participacoes Alianca da Bahia (BSP:PEAB3) Receivables Turnover : 2.68 (As of Sep. 2024)


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What is Companhia de Participacoes Alianca da Bahia 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. Companhia de Participacoes Alianca da Bahia's Revenue for the three months ended in Sep. 2024 was R$23.23 Mil. Companhia de Participacoes Alianca da Bahia's average Accounts Receivable for the three months ended in Sep. 2024 was R$8.67 Mil. Hence, Companhia de Participacoes Alianca da Bahia's Receivables Turnover for the three months ended in Sep. 2024 was 2.68.


Companhia de Participacoes Alianca da Bahia Receivables Turnover Historical Data

The historical data trend for Companhia de Participacoes Alianca da Bahia'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.

* Premium members only.

Companhia de Participacoes Alianca da Bahia Receivables Turnover Chart

Companhia de Participacoes Alianca da Bahia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 0.62 9.03 10.04 6.99

Companhia de Participacoes Alianca da Bahia Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 1.67 2.11 2.44 2.68

Competitive Comparison of Companhia de Participacoes Alianca da Bahia's Receivables Turnover

For the Asset Management subindustry, Companhia de Participacoes Alianca da Bahia'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.


Companhia de Participacoes Alianca da Bahia's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Companhia de Participacoes Alianca da Bahia's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Companhia de Participacoes Alianca da Bahia's Receivables Turnover falls into.



Companhia de Participacoes Alianca da Bahia Receivables Turnover Calculation

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

Companhia de Participacoes Alianca da Bahia'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 )
=49.559 / ((6.302 + 7.878) / 2 )
=49.559 / 7.09
=6.99

Companhia de Participacoes Alianca da Bahia's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=23.233 / ((7.904 + 9.431) / 2 )
=23.233 / 8.6675
=2.68

* 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.


Companhia de Participacoes Alianca da Bahia  (BSP:PEAB3) 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.


Companhia de Participacoes Alianca da Bahia Receivables Turnover Related Terms

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Companhia de Participacoes Alianca da Bahia Business Description

Traded in Other Exchanges
Address
Av. Prof. Magalhães Neto, 11th floor, Tower Itausa, Pituba, Salvador, BA, BRA, 1752
Companhia de Participacoes Alianca da Bahia is a holding company. It is in the sectors such as agriculture, health care services, commercial operation of bars and restaurants, real estate and engineering.

Companhia de Participacoes Alianca da Bahia Headlines

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