Matba Rofex Sociedad Anonima (BUE:MTR) Receivables Turnover : 6.68 (As of Mar. 2024)

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What is Matba Rofex Sociedad Anonima 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. Matba Rofex Sociedad Anonima's Revenue for the three months ended in Mar. 2024 was ARS8,435 Mil. Matba Rofex Sociedad Anonima's average Accounts Receivable for the three months ended in Mar. 2024 was ARS1,262 Mil. Hence, Matba Rofex Sociedad Anonima's Receivables Turnover for the three months ended in Mar. 2024 was 6.68.

Matba Rofex Sociedad Anonima Receivables Turnover Historical Data

The historical data trend for Matba Rofex Sociedad Anonima'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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Matba Rofex Sociedad Anonima Receivables Turnover Chart

Matba Rofex Sociedad Anonima Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

56.29

53.73

46.16

54.27

31.94

Matba Rofex Sociedad Anonima 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															18.60	-	7.93	8.77	6.68

Competitive Comparison of Matba Rofex Sociedad Anonima's Receivables Turnover

For the Financial Data & Stock Exchanges subindustry, Matba Rofex Sociedad Anonima'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.

Matba Rofex Sociedad Anonima's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Matba Rofex Sociedad Anonima's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Matba Rofex Sociedad Anonima's Receivables Turnover falls into.

Matba Rofex Sociedad Anonima Receivables Turnover Calculation

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

Matba Rofex Sociedad Anonima's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	15514.893	/ (	(287.064	+	684.568)	/	2 )
=	15514.893	/	485.816
=	31.94

Matba Rofex Sociedad Anonima'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 )
=	8435.44	/ (	(1474.872	+	1049.453)	/	2 )
=	8435.44	/	1262.1625
=	6.68

Matba Rofex Sociedad Anonima (BUE:MTR) 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.

Matba Rofex Sociedad Anonima Receivables Turnover Related Terms

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Matba Rofex Sociedad Anonima (BUE:MTR) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Paraguay 777 Piso 15, Rosario, ARG

Website

https://www.matbarofex.com.ar

Matba Rofex Sociedad Anonima is an agricultural futures and options Exchange in Latin America. Approximately, more than 75 members trade futures and options contracts on agricultural commodities using the open outcry system or company's electronic platform. The company registers, guarantees, clears and settles every contract traded at the Exchange. It also offers through Fundación MATba a large number of educational and training programs. These programs cover a range of topics involving derivatives, strategies and back office administration, among others.