Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) Receivables Turnover: 32.56 (As of Dec. 2019)

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MEX:CMRB Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
23 GF Score
Price MXN1.39
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What is Corporacion Mexicana de RestaurantesB de CV Receivables Turnover?

Corporacion Mexicana de RestaurantesB de CV MEX:CMRB 23 Receivables Turnover is 32.56 as of Dec. 2019. GuruFocus rates MEX:CMRB with a GF Score™ of 23/100. Among 353 Restaurants companies, Corporacion Mexicana de RestaurantesB de CV ranks worse than 283285.84% on this metric.

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. Corporacion Mexicana de RestaurantesB de CV's Revenue for the six months ended in Dec. 2019 was MXN2,896 Mil. Corporacion Mexicana de RestaurantesB de CV's average Accounts Receivable for the six months ended in Dec. 2019 was MXN89 Mil. Hence, Corporacion Mexicana de RestaurantesB de CV's Receivables Turnover for the six months ended in Dec. 2019 was 32.56.


Corporacion Mexicana de RestaurantesB de CV  (MEX:CMRB) 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.


Corporacion Mexicana de RestaurantesB de CV Receivables Turnover Related Terms


Corporacion Mexicana de RestaurantesB de CV Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Corporacion Mexicana de RestaurantesB 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.

Corporacion Mexicana de RestaurantesB de CV Receivables Turnover Chart

Corporacion Mexicana de RestaurantesB de CV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.28 61.42 61.54 50.85 32.56

Corporacion Mexicana de RestaurantesB de CV Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
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 45.28 61.42 61.54 50.85 32.56

MEX:CMRB vs MCD, SBUX, YUM: Receivables Turnover Comparison

For the Restaurants subindustry, Corporacion Mexicana de RestaurantesB 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.


Corporacion Mexicana de RestaurantesB de CV Receivables Turnover vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Corporacion Mexicana de RestaurantesB de CV's Receivables Turnover distribution charts can be found below:

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


MEX:CMRB
23GF Score
Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Corporacion Mexicana de RestaurantesB de CV Receivables Turnover Calculation

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

Corporacion Mexicana de RestaurantesB de CV's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=2896.183 / ((60.44 + 117.452) / 2 )
=2896.183 / 88.946
=32.56

Corporacion Mexicana de RestaurantesB de CV's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

Receivables Turnover (Q: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2019 ) / ((Accounts Receivable (Q: Dec. 2018 ) + Accounts Receivable (Q: Dec. 2019 )) / count )
=2896.183 / ((60.44 + 117.452) / 2 )
=2896.183 / 88.946
=32.56

* 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 32.56 mean?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a Receivables Turnover of 32.56 as of Dec. 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 Corporacion Mexicana de RestaurantesB de CV and its competitors. According to the industry distribution chart, Corporacion Mexicana de RestaurantesB de CV ranks #999999 out of 353 companies in the Restaurants industry.
Is Corporacion Mexicana de RestaurantesB de CV's Receivables Turnover too high?
Corporacion Mexicana de RestaurantesB de CV's current Receivables Turnover is 32.56. The Restaurants industry median Receivables Turnover is 28.17. Corporacion Mexicana de RestaurantesB de CV's value of 32.56 is 15.6% above this industry median. Based on the distribution chart, Corporacion Mexicana de RestaurantesB de CV ranks #999999 out of 353 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Corporacion Mexicana de RestaurantesB de CV has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Corporacion Mexicana de RestaurantesB de CV's Receivables Turnover compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Corporacion Mexicana de RestaurantesB de CV ranks #999999 out of 353 companies for Receivables Turnover. This places Corporacion Mexicana de RestaurantesB de CV in the lower half of its industry. The industry median Receivables Turnover is 28.17. Corporacion Mexicana de RestaurantesB de CV's value of 32.56 is 15.6% above 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 Restaurants company?
The median Receivables Turnover among Restaurants companies is 28.17, based on 353 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. Corporacion Mexicana de RestaurantesB de CV's current Receivables Turnover of 32.56 is 15.6% above 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 Corporacion Mexicana de RestaurantesB de CV and its competitors. For the Restaurants industry, the median Receivables Turnover is 28.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporacion Mexicana de RestaurantesB de CV's current Receivables Turnover is 32.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion Mexicana de RestaurantesB de CV stock overvalued right now?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a current Receivables Turnover of 32.56. The current Receivables Turnover is 32.56 and 15.6% above the Restaurants industry median of 28.17. Corporacion Mexicana de RestaurantesB de CV's overall GF Score™ is 23/100. 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 Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB), the current Receivables Turnover is 32.56 as of Dec. 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.

Corporacion Mexicana de RestaurantesB de CV Business Description

Address Lago Hielmar No 44, Col. Anahuac, Del Miguel Hidalgo, MEX, 11320
Corporacion Mexicana de Restaurantes SAB de CV is engaged in casual dining. The company operates more than 100 restaurants throughout Mexico.
23GF Score

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MXN1.39
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