Grupo Comercial Gomo de CV (MEX:GOMO) Receivables Turnover: 35.97 (As of Mar. 2015)

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What is Grupo Comercial Gomo de CV Receivables Turnover?

Grupo Comercial Gomo de CV MEX:GOMO Receivables Turnover is 35.97 as of Mar. 2015.

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. Grupo Comercial Gomo de CV's Revenue for the three months ended in Mar. 2015 was MXN18,296 Mil. Grupo Comercial Gomo de CV's average Accounts Receivable for the three months ended in Mar. 2015 was MXN509 Mil. Hence, Grupo Comercial Gomo de CV's Receivables Turnover for the three months ended in Mar. 2015 was 35.97.


Grupo Comercial Gomo de CV  (MEX:GOMO) 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.


Grupo Comercial Gomo de CV Receivables Turnover Related Terms


Grupo Comercial Gomo de CV Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Grupo Comercial Gomo 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.

Grupo Comercial Gomo de CV Receivables Turnover Chart

Grupo Comercial Gomo de CV Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Receivables Turnover
Get a 7-Day Free Trial 43.23 43.55 45.51 61.20 109.40

Grupo Comercial Gomo de CV Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 37.75 68.62 65.55 42.93 35.97

MEX:GOMO vs KIRK: Receivables Turnover Comparison

For the Specialty Retail subindustry, Grupo Comercial Gomo 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.


Grupo Comercial Gomo de CV Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grupo Comercial Gomo de CV's Receivables Turnover distribution charts can be found below:

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



Grupo Comercial Gomo de CV Receivables Turnover Calculation

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

Grupo Comercial Gomo de CV's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Receivables Turnover (A: Dec. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2014 ) / ((Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count )
=71373.528 / ((633.052 + 671.798) / 2 )
=71373.528 / 652.425
=109.40

Grupo Comercial Gomo de CV's Receivables Turnover for the quarter that ended in Mar. 2015 is calculated as

Receivables Turnover (Q: Mar. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2015 ) / ((Accounts Receivable (Q: Dec. 2014 ) + Accounts Receivable (Q: Mar. 2015 )) / count )
=18295.84 / ((671.798 + 345.496) / 2 )
=18295.84 / 508.647
=35.97

* 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 35.97 mean?
Grupo Comercial Gomo de CV (MEX:GOMO) has a Receivables Turnover of 35.97 as of Mar. 2015. 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 Grupo Comercial Gomo de CV and its competitors.
Is Grupo Comercial Gomo de CV's Receivables Turnover too high?
Grupo Comercial Gomo de CV's current Receivables Turnover is 35.97. The Retail - Cyclical industry median Receivables Turnover is 19.57. Grupo Comercial Gomo de CV's value of 35.97 is 83.8% above this industry median.
How does Grupo Comercial Gomo de CV's Receivables Turnover compare to KIRK?
Grupo Comercial Gomo de CV's Receivables Turnover of 35.97 can be compared against companies in the Retail - Cyclical industry. The industry median Receivables Turnover is 19.57. Grupo Comercial Gomo de CV's value of 35.97 is 83.8% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.57, based on 1,108 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. Grupo Comercial Gomo de CV's current Receivables Turnover of 35.97 is 83.8% 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 Grupo Comercial Gomo de CV and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Comercial Gomo de CV's current Receivables Turnover is 35.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Comercial Gomo de CV stock overvalued right now?
Grupo Comercial Gomo de CV (MEX:GOMO) has a current Receivables Turnover of 35.97. The current Receivables Turnover is 35.97 and 83.8% above the Retail - Cyclical industry median of 19.57. 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 Grupo Comercial Gomo de CV (MEX:GOMO), the current Receivables Turnover is 35.97 as of Mar. 2015. 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.

Grupo Comercial Gomo de CV Business Description

Address Boulevard Adolfo Lopez Mateos 2370, Segundo Piso, Colonia Altavista, Mexico DF, MEX, 01060
Grupo Comercial Gomo SA de CV is a Mexico-based company engaged in the sale, distribution, purchase, representation, import and export of various types of consumer electronic goods and household appliances, as well as motorcycles.