Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios (BSP:RECR11) Receivables Turnover : 40.07 (As of Dec. 2023)

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What is Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios 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. Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Revenue for the six months ended in Dec. 2023 was R$335.2 Mil. Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's average Accounts Receivable for the six months ended in Dec. 2023 was R$8.4 Mil. Hence, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Receivables Turnover for the six months ended in Dec. 2023 was 40.07.

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Receivables Turnover Historical Data

The historical data trend for Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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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Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Receivables Turnover Chart

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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26.34

28.80

40.07

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Semi-Annual Data
	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover	Get a 7-Day Free Trial			-	-	26.34	28.80	40.07

Competitive Comparison of Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Receivables Turnover

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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.

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios's Receivables Turnover falls into.

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Receivables Turnover Calculation

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

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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 )
=	335.209	/ (	(13.951	+	2.781)	/	2 )
=	335.209	/	8.366
=	40.07

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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 )
=	335.209	/ (	(13.951	+	2.781)	/	2 )
=	335.209	/	8.366
=	40.07

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios (BSP:RECR11) 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.

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Receivables Turnover Related Terms

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Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios (BSP:RECR11) » Definitions » Receivables Turnover

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Address

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

Website

https://www.brltrust.com.br

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios is an investment company. The purpose of the Fund is to invest in real estate projects, through the acquisition of assets, or rights related thereto, subject to the other requirements and investment policy provisions.

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