ESTRF (Estre Ambiental) Receivables Turnover: 0.97 (As of Jun. 2019)

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What is Estre Ambiental Receivables Turnover?

Estre Ambiental ESTRF -90.00% Receivables Turnover is 0.97 as of Jun. 2019.

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. Estre Ambiental's Revenue for the six months ended in Jun. 2019 was $134.3 Mil. Estre Ambiental's average Accounts Receivable for the six months ended in Jun. 2019 was $138.5 Mil. Hence, Estre Ambiental's Receivables Turnover for the six months ended in Jun. 2019 was 0.97.


Estre Ambiental  (OTCPK:ESTRF) 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.


Estre Ambiental Receivables Turnover Related Terms


Estre Ambiental Receivables Turnover Historical Data

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The historical data trend for Estre Ambiental'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.

Estre Ambiental Receivables Turnover Chart

Estre Ambiental Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Receivables Turnover
0.00 0.00 2.01 1.95

Estre Ambiental Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Receivables Turnover Get a 7-Day Free Trial 0.00 1.01 1.01 0.95 0.97

ESTRF vs OCLN, HDII, CWSS: Receivables Turnover Comparison

For the Waste Management subindustry, Estre Ambiental'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.


Estre Ambiental Receivables Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, Estre Ambiental's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Estre Ambiental's Receivables Turnover falls into.



Estre Ambiental Receivables Turnover Calculation

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

Estre Ambiental's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Receivables Turnover (A: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2018 ) / ((Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count )
=324.609 / ((203.107 + 129.222) / 2 )
=324.609 / 166.1645
=1.95

Estre Ambiental's Receivables Turnover for the quarter that ended in Jun. 2019 is calculated as

Receivables Turnover (Q: Jun. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2019 ) / ((Accounts Receivable (Q: Dec. 2018 ) + Accounts Receivable (Q: Jun. 2019 )) / count )
=134.347 / ((129.222 + 147.833) / 2 )
=134.347 / 138.5275
=0.97

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.97 mean?
Estre Ambiental (ESTRF) has a Receivables Turnover of 0.97 as of Jun. 2019. The accounts 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. View historical data on Estre Ambiental and its competitors.
Is Estre Ambiental's Receivables Turnover too high?
Estre Ambiental's current Receivables Turnover is 0.97. The Waste Management industry median Receivables Turnover is 4.80. Estre Ambiental's value of 0.97 is 79.8% below this industry median.
How does Estre Ambiental's Receivables Turnover compare to OCLN and HDII?
Estre Ambiental's Receivables Turnover of 0.97 can be compared against companies in the Waste Management industry. The industry median Receivables Turnover is 4.80. Estre Ambiental's value of 0.97 is 79.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.80, based on 234 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Estre Ambiental's current Receivables Turnover of 0.97 is 79.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Estre Ambiental and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Estre Ambiental's current Receivables Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Estre Ambiental stock overvalued right now?
Estre Ambiental (ESTRF) has a current Receivables Turnover of 0.97. The current Receivables Turnover is 0.97 and 79.8% below the Waste Management industry median of 4.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Estre Ambiental (ESTRF), the current Receivables Turnover is 0.97 as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Estre Ambiental Business Description

Address 4509, Avenida Brigadeiro Faria Lima, 8th Floor,Vila Olimpia, Sao Paulo, SP, BRA, 04538-133
Estre Ambiental Inc waste management company in Brazil which operates in the Southeast, South and Northeast regions of Brazil. It operates its own landfills and is engaged in the final treatment of hazardous wastes, temporary storage of waste, collection and burning of landfill biogas, environmental consulting services, recycling, reverse manufacturing of electrical and electronic devices and waste collection, among others activities. The operations are grouped into four business segments Collection and Cleaning Services; Landfills; Oil and Gas; and Value Recovery. It generates a vast majority of its revenue from the collection and cleaning services segment.