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AccelB de CV (MEX:ACCELSAB) Receivables Turnover : 2.09 (As of Jun. 2024)


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What is AccelB 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. AccelB de CV's Revenue for the three months ended in Jun. 2024 was MXN3,308 Mil. AccelB de CV's average Accounts Receivable for the three months ended in Jun. 2024 was MXN1,584 Mil. Hence, AccelB de CV's Receivables Turnover for the three months ended in Jun. 2024 was 2.09.


AccelB de CV Receivables Turnover Historical Data

The historical data trend for AccelB 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.

* Premium members only.

AccelB de CV Receivables Turnover Chart

AccelB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.81 8.41 8.38 8.32 9.03

AccelB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 1.99 2.08 1.99 2.00 2.09

Competitive Comparison of AccelB de CV's Receivables Turnover

For the Specialty Business Services subindustry, AccelB 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.


AccelB de CV's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, AccelB de CV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AccelB de CV's Receivables Turnover falls into.



AccelB de CV Receivables Turnover Calculation

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

AccelB de CV's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=12986.502 / ((1276.777 + 1599.346) / 2 )
=12986.502 / 1438.0615
=9.03

AccelB de CV's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=3307.997 / ((1451.224 + 1717.751) / 2 )
=3307.997 / 1584.4875
=2.09

* 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.


AccelB de CV  (MEX:ACCELSAB) 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.


AccelB de CV Receivables Turnover Related Terms

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AccelB de CV Business Description

Traded in Other Exchanges
N/A
Address
Virginia Fabregas No.80, Colonia San Rafael, Mexico City, MEX, 31220
Accel SAB de CV manages logistics and manufacturing operations. Its logistics division offers invetntory, warehousing, and transportation services. Accel's manufacturing division produces and distributes packaged foods.

AccelB de CV Headlines

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