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Unipar Carbocloro (BSP:UNIP6) Receivables Turnover : 2.73 (As of Mar. 2024)


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What is Unipar Carbocloro 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. Unipar Carbocloro's Revenue for the three months ended in Mar. 2024 was R$1,165 Mil. Unipar Carbocloro's average Accounts Receivable for the three months ended in Mar. 2024 was R$427 Mil. Hence, Unipar Carbocloro's Receivables Turnover for the three months ended in Mar. 2024 was 2.73.


Unipar Carbocloro Receivables Turnover Historical Data

The historical data trend for Unipar Carbocloro'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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Unipar Carbocloro Receivables Turnover Chart

Unipar Carbocloro 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 7.34 8.45 10.39 11.94 11.10

Unipar Carbocloro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.79 2.49 2.88 1.58 2.73

Competitive Comparison of Unipar Carbocloro's Receivables Turnover

For the Chemicals subindustry, Unipar Carbocloro'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.


Unipar Carbocloro's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Unipar Carbocloro's Receivables Turnover distribution charts can be found below:

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



Unipar Carbocloro Receivables Turnover Calculation

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

Unipar Carbocloro'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 )
=4897.288 / ((541.716 + 341.044) / 2 )
=4897.288 / 441.38
=11.10

Unipar Carbocloro's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1165.289 / ((341.044 + 513.685) / 2 )
=1165.289 / 427.3645
=2.73

* 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.


Unipar Carbocloro  (BSP:UNIP6) 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.


Unipar Carbocloro Receivables Turnover Related Terms

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Unipar Carbocloro (BSP:UNIP6) Business Description

Traded in Other Exchanges
Address
Rua Joaquim Floriano, 960, 15th floor, São Paulo, BRA, 20016900
Unipar Carbocloro SA is a Brazilian company which is engaged in producing and PVC (Poly Vinyl Chloride) resins and chemicals, such as caustic soda, liquid and prills, and sodium hypochlorite. It offers chlorine, soda, hydrochloric acid, sodium hypochlorite, and dichloroethane for the use in water treatment.

Unipar Carbocloro (BSP:UNIP6) Headlines

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