FIBRA Macquarie (MEX:FIBRAMQ12) Receivables Turnover : 25.91 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is FIBRA Macquarie 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 Macquarie's Revenue for the three months ended in Mar. 2024 was MXN1,049 Mil. FIBRA Macquarie's average Accounts Receivable for the three months ended in Mar. 2024 was MXN40 Mil. Hence, FIBRA Macquarie's Receivables Turnover for the three months ended in Mar. 2024 was 25.91.

FIBRA Macquarie Receivables Turnover Historical Data

The historical data trend for FIBRA Macquarie'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.

FIBRA Macquarie Receivables Turnover Chart

FIBRA Macquarie Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

55.90

98.71

148.46

349.64

359.61

FIBRA Macquarie 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															56.37	42.65	48.33	62.46	25.91

Competitive Comparison of FIBRA Macquarie's Receivables Turnover

For the REIT - Industrial subindustry, FIBRA Macquarie'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 Macquarie's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where FIBRA Macquarie's Receivables Turnover falls into.

FIBRA Macquarie Receivables Turnover Calculation

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

FIBRA Macquarie'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 )
=	4089.983	/ (	(9.24	+	13.507)	/	2 )
=	4089.983	/	11.3735
=	359.61

FIBRA Macquarie'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 )
=	1049.039	/ (	(13.507	+	67.463)	/	2 )
=	1049.039	/	40.485
=	25.91

FIBRA Macquarie (MEX:FIBRAMQ12) 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 Macquarie Receivables Turnover Related Terms

Thank you for viewing the detailed overview of FIBRA Macquarie's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

FIBRA Macquarie (MEX:FIBRAMQ12) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » FIBRA Macquarie (MEX:FIBRAMQ12) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DBMBF:USA

Address

Calzada Mariano Escobedo 595, Polanco Quinta Sección, Alcaldía Miguel Hidalgo, Mexico City, HGO, MEX, 11560

Website

https://www.fibramacquarie.com

FIBRA Macquarie is a real estate investment trust engaged in the acquisition, ownership, and leasing of real estate properties in Mexico. The company's real estate portfolio is comprised of industrial, retail, and office space. Industrial buildings represent the vast majority of FIBRA Macquarie's total number of properties, total square footage, and total revenue. Most of these industrial locations are used as manufacturing facilities and are located in Northern Mexico. FIBRA Macquarie derives nearly all of its revenue in the form of rental income from tenants. The company's major customers are automotive, electronics, and consumer products, manufacturers, and others.

FIBRA Macquarie (MEX:FIBRAMQ12) Headlines

No Headlines