Logistic Properties of the Americas (Logistic Properties of the Americas) Receivables Turnover : 3.70 (As of Mar. 2024)

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What is Logistic Properties of the Americas 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. Logistic Properties of the Americas's Revenue for the three months ended in Mar. 2024 was $10.48 Mil. Logistic Properties of the Americas's average Accounts Receivable for the three months ended in Mar. 2024 was $2.83 Mil. Hence, Logistic Properties of the Americas's Receivables Turnover for the three months ended in Mar. 2024 was 3.70.

Logistic Properties of the Americas Receivables Turnover Historical Data

The historical data trend for Logistic Properties of the Americas'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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Logistic Properties of the Americas Receivables Turnover Chart

Logistic Properties of the Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

16.07

20.97

18.14

Logistic Properties of the Americas Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial			5.05	5.62	4.89	4.83	3.70

Competitive Comparison of Logistic Properties of the Americas's Receivables Turnover

For the Real Estate - Development subindustry, Logistic Properties of the Americas'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.

Logistic Properties of the Americas's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Logistic Properties of the Americas's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Logistic Properties of the Americas's Receivables Turnover falls into.

Logistic Properties of the Americas Receivables Turnover Calculation

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

Logistic Properties of the Americas'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 )
=	39.436	/ (	(1.645	+	2.704)	/	2 )
=	39.436	/	2.1745
=	18.14

Logistic Properties of the Americas'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 )
=	10.483	/ (	(2.704	+	2.962)	/	2 )
=	10.483	/	2.833
=	3.70

Logistic Properties of the Americas (AMEX:LPA) 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.

Logistic Properties of the Americas Receivables Turnover Related Terms

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Logistic Properties of the Americas (Logistic Properties of the Americas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Logistic Properties of the Americas (AMEX:LPA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plaza Tempo, Edificio B, Oficina B1, Piso 2, San Rafael de Escazu, San Jose, CRI

Website

https://www.latamlp.com

Logistic Properties of the Americas is a fully-integrated, internally managed real estate company that develops, owns and manages a diversified portfolio of warehouse logistics assets in Central America and the South America. It focuses on modern Class A logistics real estate in high growth and high barrier-to-entry markets that are undersupplied and have low penetration rates.