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DBMXF (Cibanco S A Institucion De Banca Multiple) Receivables Turnover : 6.17 (As of Dec. 2024)


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What is Cibanco S A Institucion De Banca Multiple 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. Cibanco S A Institucion De Banca Multiple's Revenue for the three months ended in Dec. 2024 was $69.7 Mil. Cibanco S A Institucion De Banca Multiple's average Accounts Receivable for the three months ended in Dec. 2024 was $11.3 Mil. Hence, Cibanco S A Institucion De Banca Multiple's Receivables Turnover for the three months ended in Dec. 2024 was 6.17.


Cibanco S A Institucion De Banca Multiple Receivables Turnover Historical Data

The historical data trend for Cibanco S A Institucion De Banca Multiple'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.

Cibanco S A Institucion De Banca Multiple Receivables Turnover Chart

Cibanco S A Institucion De Banca Multiple Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.40 18.60 22.91 24.52 -

Cibanco S A Institucion De Banca Multiple 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 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 5.40 4.34 3.80 4.66 6.17

Competitive Comparison of Cibanco S A Institucion De Banca Multiple's Receivables Turnover

For the REIT - Hotel & Motel subindustry, Cibanco S A Institucion De Banca Multiple'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.


Cibanco S A Institucion De Banca Multiple's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cibanco S A Institucion De Banca Multiple's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cibanco S A Institucion De Banca Multiple's Receivables Turnover falls into.



Cibanco S A Institucion De Banca Multiple Receivables Turnover Calculation

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

Cibanco S A Institucion De Banca Multiple'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 )
=0 / ((13.309 + 10.95) / 2 )
=0 / 12.1295
=N/A

Cibanco S A Institucion De Banca Multiple'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 )
=69.72 / ((11.641 + 10.95) / 2 )
=69.72 / 11.2955
=6.17

* 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.


Cibanco S A Institucion De Banca Multiple  (GREY:DBMXF) 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.


Cibanco S A Institucion De Banca Multiple Receivables Turnover Related Terms

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Cibanco S A Institucion De Banca Multiple Business Description

Traded in Other Exchanges
Address
Avenida Santa Fe No. 481, 7th Floor, Torre Corporativo World Plaza, Colonia Cruz Manca, Alcaldia Cuajimalpa, Mexico, MEX, MEX, 05348
Cibanco S A Institucion De Banca Multiple operates as a real estate investment trust in the Mexican hospitality industry. It manages a portfolio of business class hotels under various brands including Fiesta Inn, One Hotels, AC by Marriott, Sheraton, Fiesta Americana, Camino Real, and Real Inn. The hotels are categorized into segments based on their services: Limited Service (hotels without restaurants), Select Service (hotels with additional services like bars, room service, and conference rooms), Full Service (hotels with consumption centers and meeting rooms), and Hotels with studio apartments, work areas, and full kitchens. FibraHotel's primary revenue comes from room sales, with additional income from food services and leases.