Coca-Cola FemsaB de CV (BUE:KOF) Receivables Turnover : 4.14 (As of Sep. 2024)

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What is Coca-Cola FemsaB de CV 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. Coca-Cola FemsaB de CV's Revenue for the three months ended in Sep. 2024 was ARS3,359,863 Mil. Coca-Cola FemsaB de CV's average Accounts Receivable for the three months ended in Sep. 2024 was ARS811,333 Mil. Hence, Coca-Cola FemsaB de CV's Receivables Turnover for the three months ended in Sep. 2024 was 4.14.

Coca-Cola FemsaB de CV Receivables Turnover Historical Data

The historical data trend for Coca-Cola FemsaB de CV'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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Coca-Cola FemsaB de CV Receivables Turnover Chart

Coca-Cola FemsaB de CV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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19.91

20.58

23.08

23.97

22.19

Coca-Cola FemsaB de CV Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															4.47	5.74	4.16	4.14	4.30

Competitive Comparison of Coca-Cola FemsaB de CV's Receivables Turnover

For the Beverages - Non-Alcoholic subindustry, Coca-Cola FemsaB de CV'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.

Coca-Cola FemsaB de CV's Receivables Turnover Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola FemsaB de CV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Coca-Cola FemsaB de CV's Receivables Turnover falls into.

Coca-Cola FemsaB de CV Receivables Turnover Calculation

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

Coca-Cola FemsaB de CV'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 )
=	5212411.649	/ (	(115504.448	+	319480.545)	/	2 )
=	5212411.649	/	217492.4965
=	23.97

Coca-Cola FemsaB de CV's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	3359862.521	/ (	(821342.899	+	801323.494)	/	2 )
=	3359862.521	/	811333.1965
=	4.14

Coca-Cola FemsaB de CV (BUE:KOF) 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.

Coca-Cola FemsaB de CV Receivables Turnover Related Terms

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Coca-Cola FemsaB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Femsa SAB de CV (BUE:KOF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

COCSF:USA KOF:USA KOFUBL:Mexico CFS5:Germany

Address

Calle Mario Pani Number 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348

Website

https://www.coca-colafemsa.com

Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through modern trade, traditional trade and the on-premises channel. Mexico and Brazil make up 80% of total sales, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting power.