Kimberly - Clark de MexicoB de CV (Kimberly - Clark de MexicoB de CV) Receivables Turnover : 1.88 (As of Mar. 2024)

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What is Kimberly - Clark de MexicoB 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. Kimberly - Clark de MexicoB de CV's Revenue for the three months ended in Mar. 2024 was $831 Mil. Kimberly - Clark de MexicoB de CV's average Accounts Receivable for the three months ended in Mar. 2024 was $442 Mil. Hence, Kimberly - Clark de MexicoB de CV's Receivables Turnover for the three months ended in Mar. 2024 was 1.88.

Kimberly - Clark de MexicoB de CV Receivables Turnover Historical Data

The historical data trend for Kimberly - Clark de MexicoB 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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Kimberly - Clark de MexicoB de CV Receivables Turnover Chart

Kimberly - Clark de MexicoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.74

7.40

7.48

7.93

8.32

Kimberly - Clark de MexicoB de CV 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															1.96	1.85	1.82	2.04	1.88

Competitive Comparison of Kimberly - Clark de MexicoB de CV's Receivables Turnover

For the Household & Personal Products subindustry, Kimberly - Clark de MexicoB 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.

Kimberly - Clark de MexicoB de CV's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kimberly - Clark de MexicoB de CV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kimberly - Clark de MexicoB de CV's Receivables Turnover falls into.

Kimberly - Clark de MexicoB de CV Receivables Turnover Calculation

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

Kimberly - Clark de MexicoB 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 )
=	3140.473	/ (	(343.868	+	411.274)	/	2 )
=	3140.473	/	377.571
=	8.32

Kimberly - Clark de MexicoB de CV'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 )
=	830.885	/ (	(411.274	+	472.46)	/	2 )
=	830.885	/	441.867
=	1.88

Kimberly - Clark de MexicoB de CV (OTCPK:KCDMF) 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.

Kimberly - Clark de MexicoB de CV Receivables Turnover Related Terms

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Kimberly - Clark de MexicoB de CV (Kimberly - Clark de MexicoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kimberly - Clark de Mexico SAB de CV (OTCPK:KCDMF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KCDMY:USA KIMBERA:Mexico 4FX:Germany

Address

AV. Jaime Balmes No. 8 9th floor, Los Morales Polanco, Mexico City, MEX, 11510

Website

http://www.kimberly-clark.com.mx

Kimberly - Clark de Mexico SAB de CV manufactures and sells s a wide selection of paper-based products: napkins, kitchen towels, disposable diapers, feminine-care pads, bathroom tissue, facial tissue, and hand towels, among others. The company's business lines comprise: babies and infants, household products, feminine-care products, personal care, and healthcare. Its brand portfolio includes Kleenex, Sanitas, Kimlark, Petalo, Cottonelle, Depend, and Kotex. The company serves the local market, Mexico, but also the United States, Asia, and Central and South America.

Kimberly - Clark de MexicoB de CV (Kimberly - Clark de MexicoB de CV) Headlines

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