Desarrolladora HomexB de CV (MEX:HOMEX) Receivables Turnover: 4.45 (As of Mar. 2022)

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MEX:HOMEX Desarrolladora Homex SAB de CV MEX:HOMEX
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What is Desarrolladora HomexB de CV Receivables Turnover?

Desarrolladora HomexB de CV MEX:HOMEX 8 Receivables Turnover is 4.45 as of Mar. 2022. GuruFocus rates MEX:HOMEX with a GF Score™ of 8/100.

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. Desarrolladora HomexB de CV's Revenue for the three months ended in Mar. 2022 was MXN285 Mil. Desarrolladora HomexB de CV's average Accounts Receivable for the three months ended in Mar. 2022 was MXN64 Mil. Hence, Desarrolladora HomexB de CV's Receivables Turnover for the three months ended in Mar. 2022 was 4.45.


Desarrolladora HomexB de CV  (MEX:HOMEX) 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.


Desarrolladora HomexB de CV Receivables Turnover Related Terms


Desarrolladora HomexB de CV Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Desarrolladora HomexB 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.

Desarrolladora HomexB de CV Receivables Turnover Chart

Desarrolladora HomexB de CV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 15.95 28.32 28.56 23.41

Desarrolladora HomexB de CV Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 5.11 4.45 4.44 4.78 4.45

MEX:HOMEX vs DHI, LEN, NVR: Receivables Turnover Comparison

For the Residential Construction subindustry, Desarrolladora HomexB 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.


Desarrolladora HomexB de CV Receivables Turnover vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Desarrolladora HomexB de CV's Receivables Turnover distribution charts can be found below:

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


MEX:HOMEX
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Desarrolladora Homex SAB de CV MEX:HOMEX
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Desarrolladora HomexB de CV Receivables Turnover Calculation

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

Desarrolladora HomexB de CV's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=1081.562 / ((37.718 + 54.682) / 2 )
=1081.562 / 46.2
=23.41

Desarrolladora HomexB de CV's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

Receivables Turnover (Q: Mar. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Mar. 2022 )) / count )
=285.212 / ((54.682 + 73.642) / 2 )
=285.212 / 64.162
=4.45

* 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 4.45 mean?
Desarrolladora HomexB de CV (MEX:HOMEX) has a Receivables Turnover of 4.45 as of Mar. 2022. 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 Desarrolladora HomexB de CV and its competitors.
Is Desarrolladora HomexB de CV's Receivables Turnover too high?
Desarrolladora HomexB de CV's current Receivables Turnover is 4.45. The Homebuilding & Construction industry median Receivables Turnover is 17.01. Desarrolladora HomexB de CV's value of 4.45 is 73.8% below this industry median. Overall, Desarrolladora HomexB de CV has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Desarrolladora HomexB de CV's Receivables Turnover compare to DHI and LEN?
Desarrolladora HomexB de CV's Receivables Turnover of 4.45 can be compared against companies in the Homebuilding & Construction industry. The industry median Receivables Turnover is 17.01. Desarrolladora HomexB de CV's value of 4.45 is 73.8% below 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 Homebuilding & Construction company?
The median Receivables Turnover among Homebuilding & Construction companies is 17.01, based on 83 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. Desarrolladora HomexB de CV's current Receivables Turnover of 4.45 is 73.8% below 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 Desarrolladora HomexB de CV and its competitors. For the Homebuilding & Construction industry, the median Receivables Turnover is 17.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desarrolladora HomexB de CV's current Receivables Turnover is 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desarrolladora HomexB de CV stock overvalued right now?
Desarrolladora HomexB de CV (MEX:HOMEX) has a current Receivables Turnover of 4.45. The current Receivables Turnover is 4.45 and 73.8% below the Homebuilding & Construction industry median of 17.01. Desarrolladora HomexB de CV's overall GF Score™ is 8/100. 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 Desarrolladora HomexB de CV (MEX:HOMEX), the current Receivables Turnover is 4.45 as of Mar. 2022. 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.

Desarrolladora HomexB de CV Business Description

Address Boulevard Rotarismo No. 1140, 1st Floor, Tres Rios Urban Development, Culiacan, SIN, MEX, 80200
Desarrolladora Homex SAB de CV is a home development company engaged in development of its own housing projects and the provision of comprehensive services for the development, construction and sale of social housing, middle-income housing and residential in Mexico.
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