Companhia Siderurgica Nacional (BUE:SID) Receivables Turnover : 4.53 (As of Dec. 2024)

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What is Companhia Siderurgica Nacional 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. Companhia Siderurgica Nacional's Revenue for the three months ended in Dec. 2024 was ARS1,990,887 Mil. Companhia Siderurgica Nacional's average Accounts Receivable for the three months ended in Dec. 2024 was ARS439,079 Mil. Hence, Companhia Siderurgica Nacional's Receivables Turnover for the three months ended in Dec. 2024 was 4.53.

Companhia Siderurgica Nacional Receivables Turnover Historical Data

The historical data trend for Companhia Siderurgica Nacional'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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Companhia Siderurgica Nacional Receivables Turnover Chart

Companhia Siderurgica Nacional Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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12.65

18.65

18.94

19.45

20.06

Companhia Siderurgica Nacional 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															3.79	4.97	4.29	4.62	4.53

Competitive Comparison of Companhia Siderurgica Nacional's Receivables Turnover

For the Steel subindustry, Companhia Siderurgica Nacional'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.

Companhia Siderurgica Nacional's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Companhia Siderurgica Nacional's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Companhia Siderurgica Nacional's Receivables Turnover falls into.

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Companhia Siderurgica Nacional Receivables Turnover Calculation

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

Companhia Siderurgica Nacional's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	7232311.851	/ (	(240904.691	+	480250.447)	/	2 )
=	7232311.851	/	360577.569
=	20.06

Companhia Siderurgica Nacional's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	1990886.804	/ (	(397906.577	+	480250.447)	/	2 )
=	1990886.804	/	439078.512
=	4.53

Companhia Siderurgica Nacional (BUE:SID) 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.

Companhia Siderurgica Nacional Receivables Turnover Related Terms

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Companhia Siderurgica Nacional Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SID:USA SID N:Mexico CQWA:Germany CSNA3:Brazil

Address

Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132

Website

https://www.csn.com.br

Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations in railways and port terminals. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.