Suzano (BSP:SUZB3) Receivables Turnover : 1.54 (As of Dec. 2023)

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What is Suzano 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. Suzano's Revenue for the three months ended in Dec. 2023 was R$10,372 Mil. Suzano's average Accounts Receivable for the three months ended in Dec. 2023 was R$6,749 Mil. Hence, Suzano's Receivables Turnover for the three months ended in Dec. 2023 was 1.54.

Suzano Receivables Turnover Historical Data

The historical data trend for Suzano'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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Suzano Receivables Turnover Chart

Suzano Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.34

10.24

8.67

6.18

4.83

Suzano 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															1.57	1.19	1.15	1.36	1.54

Competitive Comparison of Suzano's Receivables Turnover

For the Paper & Paper Products subindustry, Suzano'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.

Suzano's Receivables Turnover Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Suzano's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Suzano's Receivables Turnover falls into.

Suzano Receivables Turnover Calculation

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

Suzano'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 )
=	39755.575	/ (	(9607.012	+	6848.454)	/	2 )
=	39755.575	/	8227.733
=	4.83

Suzano'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 )
=	10371.545	/ (	(6650.21	+	6848.454)	/	2 )
=	10371.545	/	6749.332
=	1.54

Suzano (BSP:SUZB3) 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.

Suzano Receivables Turnover Related Terms

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Suzano (BSP:SUZB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Suzano SA (BSP:SUZB3) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SUZ:USA SUZ:Mexico SUZ:Argentina

Address

Avenida Professor Magalhaes Neto, No. 1,752, 10th Floor, Rooms 1010 and 1011, Salvador, BA, BRA, 41810-011

Website

https://www.suzano.com.br

Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants. More revenue comes from Europe than any other geographic area.

Suzano (BSP:SUZB3) Headlines

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