Empresas ICAB de CV (MEX:ICA) Receivables Turnover: 0.65 (As of Mar. 2017)


What is Empresas ICAB de CV Receivables Turnover?

Empresas ICAB de CV MEX:ICA Receivables Turnover is 0.65 as of Mar. 2017.

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. Empresas ICAB de CV's Revenue for the three months ended in Mar. 2017 was MXN6,145 Mil. Empresas ICAB de CV's average Accounts Receivable for the three months ended in Mar. 2017 was MXN9,517 Mil. Hence, Empresas ICAB de CV's Receivables Turnover for the three months ended in Mar. 2017 was 0.65.


Empresas ICAB de CV  (MEX:ICA) 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.


Empresas ICAB de CV Receivables Turnover Related Terms


Empresas ICAB de CV Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Empresas ICAB 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.

Empresas ICAB de CV Receivables Turnover Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.61 6.87 3.19 1.76 1.71

Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.30 0.26 0.26 0.40 0.65

Empresas ICAB de CV Receivables Turnover Competitor Comparison

For the Engineering & Construction subindustry, Empresas ICAB 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.


Empresas ICAB de CV Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Empresas ICAB de CV's Receivables Turnover distribution charts can be found below:

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



Empresas ICAB de CV Receivables Turnover Calculation

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

Empresas ICAB de CV's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=20400.872 / ((13408.832 + 10437.49) / 2 )
=20400.872 / 11923.161
=1.71

Empresas ICAB de CV's Receivables Turnover for the quarter that ended in Mar. 2017 is calculated as

Receivables Turnover (Q: Mar. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Mar. 2017 )) / count )
=6145 / ((10437.49 + 8596) / 2 )
=6145 / 9516.745
=0.65

* 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 0.65 mean?
Empresas ICAB de CV (MEX:ICA) has a Receivables Turnover of 0.65 as of Mar. 2017. 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 Empresas ICAB de CV and its competitors.
Is Empresas ICAB de CV's Receivables Turnover too high?
Empresas ICAB de CV's current Receivables Turnover is 0.65. The Construction industry median Receivables Turnover is 4.77. Empresas ICAB de CV's value of 0.65 is 86.4% below this industry median.
How does Empresas ICAB de CV's Receivables Turnover compare to competitors?
Empresas ICAB de CV's Receivables Turnover of 0.65 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.77. Empresas ICAB de CV's value of 0.65 is 86.4% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.77, based on 1,761 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. Empresas ICAB de CV's current Receivables Turnover of 0.65 is 86.4% 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 Empresas ICAB de CV and its competitors. For the Construction industry, the median Receivables Turnover is 4.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empresas ICAB de CV's current Receivables Turnover is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas ICAB de CV stock overvalued right now?
Empresas ICAB de CV (MEX:ICA) has a current Receivables Turnover of 0.65. The current Receivables Turnover is 0.65 and 86.4% below the Construction industry median of 4.77. 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 Empresas ICAB de CV (MEX:ICA), the current Receivables Turnover is 0.65 as of Mar. 2017. 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.

Empresas ICAB de CV Business Description

Address Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.