Randon Implementos E Participacoes (BSP:RAPT4) Receivables Turnover : 1.15 (As of Dec. 2023)

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What is Randon Implementos E Participacoes 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. Randon Implementos E Participacoes's Revenue for the three months ended in Dec. 2023 was R$2,556 Mil. Randon Implementos E Participacoes's average Accounts Receivable for the three months ended in Dec. 2023 was R$2,227 Mil. Hence, Randon Implementos E Participacoes's Receivables Turnover for the three months ended in Dec. 2023 was 1.15.

Randon Implementos E Participacoes Receivables Turnover Historical Data

The historical data trend for Randon Implementos E Participacoes'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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Randon Implementos E Participacoes Receivables Turnover Chart

Randon Implementos E Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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7.67

5.68

6.45

6.34

5.37

Randon Implementos E Participacoes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.37	1.29	1.25	1.28	1.15

Competitive Comparison of Randon Implementos E Participacoes's Receivables Turnover

For the Farm & Heavy Construction Machinery subindustry, Randon Implementos E Participacoes'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.

Randon Implementos E Participacoes's Receivables Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Randon Implementos E Participacoes's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Randon Implementos E Participacoes's Receivables Turnover falls into.

Randon Implementos E Participacoes Receivables Turnover Calculation

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

Randon Implementos E Participacoes'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 )
=	10887.843	/ (	(1914.901	+	2139.863)	/	2 )
=	10887.843	/	2027.382
=	5.37

Randon Implementos E Participacoes'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	2556.127	/ (	(2315.075	+	2139.863)	/	2 )
=	2556.127	/	2227.469
=	1.15

Randon Implementos E Participacoes (BSP:RAPT4) 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.

Randon Implementos E Participacoes Receivables Turnover Related Terms

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Randon Implementos E Participacoes (BSP:RAPT4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Randon SA Implementos E Participacoes (BSP:RAPT4) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

RAPT3:Brazil

Address

Av Abramo Randon 770, Caxias Do Sul, RS, BRA, 95055010

Website

http://www.randon.com.br

Randon SA Implementos E Participacoes is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The company is engaged in the following segments Road / Railroad Equipment & Specialty Vehicles, Auto Parts and Services and others. Its products include various wagon types, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers, brake and transmission system. The firm generates its major part of the revenue from road, railroad equipment and specialty vehicles segment.

Randon Implementos E Participacoes (BSP:RAPT4) Headlines

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