GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Unicasa Ind Moveis SA (BSP:UCAS3) » Definitions » Receivables Turnover

Unicasa Ind Moveis (BSP:UCAS3) Receivables Turnover : 2.65 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Unicasa Ind Moveis 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. Unicasa Ind Moveis's Revenue for the three months ended in Dec. 2023 was R$58.9 Mil. Unicasa Ind Moveis's average Accounts Receivable for the three months ended in Dec. 2023 was R$22.2 Mil. Hence, Unicasa Ind Moveis's Receivables Turnover for the three months ended in Dec. 2023 was 2.65.


Unicasa Ind Moveis Receivables Turnover Historical Data

The historical data trend for Unicasa Ind Moveis'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.

Unicasa Ind Moveis Receivables Turnover Chart

Unicasa Ind Moveis 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 5.07 4.97 7.09 7.88 8.64

Unicasa Ind Moveis 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 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 1.97 1.74 2.12 2.54 2.65

Competitive Comparison of Unicasa Ind Moveis's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Unicasa Ind Moveis'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.


Unicasa Ind Moveis's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Unicasa Ind Moveis's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Unicasa Ind Moveis's Receivables Turnover falls into.



Unicasa Ind Moveis Receivables Turnover Calculation

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

Unicasa Ind Moveis'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 )
=217.397 / ((30.14 + 20.163) / 2 )
=217.397 / 25.1515
=8.64

Unicasa Ind Moveis'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 )
=58.871 / ((24.241 + 20.163) / 2 )
=58.871 / 22.202
=2.65

* 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.


Unicasa Ind Moveis  (BSP:UCAS3) 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.


Unicasa Ind Moveis Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Unicasa Ind Moveis's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Unicasa Ind Moveis (BSP:UCAS3) Business Description

Traded in Other Exchanges
N/A
Address
RSC 470 Road , KM 212,930 s/n, PO Box 2505, Bento Goncalves, RS, BRA, 95707-540
Unicasa Ind Moveis SA is a Brazil-based company engaged in the production and trade of furniture. The company is active in the manufacture, sale, import and export of furniture made of wood, iron, steel, and aluminium. It is involved in the production of furniture made of medium-density fiberboard and medium density particleboard. Additionally, the firm sells accessories and decoration items. Its product portfolio includes a range of furnishing solutions, including kitchens, bedrooms, closets, home theatres, laundries, and toilets, as well as furniture equipment for offices and children's rooms. Unicasa has a network of stores in Brazil and abroad, which sell its products under the brand names Dell Anno, Favorita, New and Casa Brasileira.

Unicasa Ind Moveis (BSP:UCAS3) Headlines

No Headlines