Fibra Danhos (MEX:DANHOS13) Receivables Turnover : 3.09 (As of Jun. 2024)

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What is Fibra Danhos 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. Fibra Danhos's Revenue for the three months ended in Jun. 2024 was MXN1,612 Mil. Fibra Danhos's average Accounts Receivable for the three months ended in Jun. 2024 was MXN521 Mil. Hence, Fibra Danhos's Receivables Turnover for the three months ended in Jun. 2024 was 3.09.

Fibra Danhos Receivables Turnover Historical Data

The historical data trend for Fibra Danhos'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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Fibra Danhos Receivables Turnover Chart

Fibra Danhos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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14.12

9.13

8.02

8.82

10.04

Fibra Danhos Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															3.01	3.18	3.12	2.90	3.09

Competitive Comparison of Fibra Danhos's Receivables Turnover

For the REIT - Diversified subindustry, Fibra Danhos'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.

Fibra Danhos's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fibra Danhos's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fibra Danhos's Receivables Turnover falls into.

Fibra Danhos Receivables Turnover Calculation

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

Fibra Danhos'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 )
=	6188.989	/ (	(655.498	+	577.402)	/	2 )
=	6188.989	/	616.45
=	10.04

Fibra Danhos'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 )
=	1611.671	/ (	(505.136	+	537.101)	/	2 )
=	1611.671	/	521.1185
=	3.09

Fibra Danhos (MEX:DANHOS13) 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.

Fibra Danhos Receivables Turnover Related Terms

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Fibra Danhos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fibra Danhos (MEX:DANHOS13) » Definitions » Receivables Turnover

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GRFFF:USA

Address

Monte Pelvoux 220, 7 Lomas de Chapultepec, Miguel Hidalgo Delegation, Mexico City, MEX, MEX, 11000

Website

http://www.fibradanhos.com.mx

Fibra Danhos is a real estate trust that develops, owns, leases, and operates commercial real estate assets in the metropolitan areas of Mexico. The trust's portfolio consists of commercial properties, offices, mixed-use properties, and development projects. The commercial properties, which account for the largest areas of the company's portfolio, consist of shopping centres located close to public and private transportation. The office buildings are primarily located in Mexico City with large corporate tenants. The mixed-used properties include buildings with integrated commercial, office, and hotel functions.

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